741 Highland Ave

Newark City, NJ 07104


 

Price: $599,999

GSMLS:  4012438
Type: Single Family
Style: Colonial
Beds: 4
Baths: 1 Full & 1 Half
Garage: 1-Car
Year Built: 1897
Acres: 0.09
Property Tax: $6,522
Description
Opportunities like this rarely hit the market in the prestigious Forest Hill, Newark section of Newark, New Jersey. Introducing this SPACIOUS 4BR / 1.5BA single-family home! A RARE opportunity to own in one of Newark's most desirable neighborhoods at a discount, with clear upside for investors or savvy buyers looking to add value. The home is in good overall condition but ready for cosmetic updates, making it an ideal candidate for a value-add renovation strategy. Whether you're planning to modernize and hold, or renovate and reposition the property, the opportunity to build equity through improvements is clear. The property offers off-street parking which is absolute GOLD in this part of Newark, adding significant everyday convenience and long-term resale appeal. With continued demand for housing in Newark and limited inventory in Forest Hill, Newark, this property presents a rare chance to secure a foothold in a historic neighborhood while creating immediate value through renovation. Smart investors know the strategy: Buy right. Renovate smart. Refinance into equity. The real here question is, who's going to recognize the potential first? This property will be sold AS-IS.
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Eat-In Kitchen
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Bilco-Style Door, Unfinished
Full Baths:
1
Half Baths:
1
Appliances:
Dishwasher, Refrigerator
Flooring:
n/a
Fireplaces:
1
Fireplace:
Living Room
Interior:
n/a
Exterior Features
Garage Space:
1-Car
Garage:
Detached Garage
Driveway:
1 Car Width, Off-Street Parking
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
Radiators - Steam
Heating Source:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.09
Lot Dimensions:
37.6X100
Lot Features:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$599,999
Tax Amount:
$6,522
Land Assessment:
$47,800
Build. Assessment:
$115,300
Total Assessment:
$163,100
Tax Rate:
4.00
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4012438
List Date:
03-03-2026
Days On Market:
0
Listing Broker:
COOPER MCKELVEY REAL ESTATE CO.
Listing Agent:
Tayllor Cooper
 

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


RE/MAX

Town & Valley II

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


Shawn and Diane Fox