55 Winthrop St

Newark City, NJ 07104


 

Price: $650,000

GSMLS:  4049393
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: 2-Car
Year Built: Unknown
Acres: 0.11
Property Tax: $5,154
Description
Great investment opportunity located in Newark's desirable North Ward! This well-maintained two-level property offers a great layout with excellent potential for investors or owner-occupants. The first floor features a comfortable living room, spacious renovated kitchen, one large bedroom, and one full bathroom. The second floor offers a living room, kitchen, three bedrooms, and one full bathroom, providing plenty of space or rental income. The finished basement provides laundry room and storage room, along with a two-car garage for convenient parking for 6 cars or more. The backyard is perfect for entertaining, outdoor gatherings, and enjoying the warmer months. Conveniently located close to schools, public transportation, shopping, and major roadways. A fantastic opportunity for investors or those looking to own a multi-family property in Newark!
General Info
Style:
3-Three Story
SqFt Building:
1
Total Rooms:
9
Basement:
Yes - Finished-Partially
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
6
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$650,000
Tax Amount:
$5,154
Land Assessment:
$33,800
Build. Assessment:
$95,100
Total Assessment:
$128,900
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4049393
List Date:
08-28-2026
Days On Market:
0
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Carmen Jimenez
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox