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331 New St

Newark, NJ 07103

5 bd 3 ba 2,327 sqft Built 1895 Lot 3,324 sqft multi_family
Most recent sale
$480,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $480,000 Public Record
Aug 6, 2022 Sold $480,000 GardenState
Apr 26, 2022 Listed $489,000 MLS #3777589
Mar 4, 2022 Listed $489,000 MLS #22006965
Mar 31, 2009 Sold $102,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $109,300 $23,400 $132,700 $5,306
2024 $109,300 $23,400 $132,700 $5,046
2023 $109,300 $23,400 $132,700 $4,947
2022 $109,300 $23,400 $132,700 $4,957
2021 $109,300 $23,400 $132,700 $4,955
2020 $109,300 $23,400 $132,700 $5,043
2019 $109,300 $23,400 $132,700 $4,991
2018 $109,300 $23,400 $132,700 $4,901
2017 $109,300 $23,400 $132,700 $4,724
2016 $109,300 $23,400 $132,700 $4,565
2015 $109,300 $23,400 $132,700 $4,391
2014 $109,300 $23,400 $132,700 $4,115
2013 $109,300 $23,400 $132,700 $3,919
2012 $86,900 $37,900 $124,800 $4,308
2010 $86,900 $37,900 $124,800 $3,969
2009 $86,900 $37,900 $124,800 $3,168
2008 $86,900 $37,900 $124,800 $2,994
2007 $86,900 $37,900 $124,800 $2,857

Property facts

Year built
1895
Property type
multi_family
Stories
2
Beds
5
Baths
3
Living area
2,327 sqft
Lot size
3,324 sqft
ZIP code
07103
City
Newark
Street
New St
Coordinates
40.74508, -74.18497

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,491
Gross rental yield
8.73%
Implied cap rate
5.67%
Trend-extrapolated value

Frequently asked questions

When did 331 New St last sell?
331 New St most recently sold on Aug 9, 2022 for $480,000.
What is the current tax assessment for 331 New St?
The most recent total assessment for 331 New St (year 2025) is $132,700 with $5,306 in property tax.
How does 331 New St's assessment compare to its last sale price?
The current assessment is 72.4% below the last sale price of $480,000.
When was 331 New St built?
331 New St was built in 1895.
How does 331 New St compare to others on New St?
We track 4 other properties on New St. Browse the list under "Other properties on New St" to compare beds, baths, and sale history.
What are the property facts for 331 New St?
331 New St is a 5 bed, 3 bath, 2,327 sqft, 3,324 sqft lot multi_family.
Is 331 New St a flip candidate?
No — 331 New St does not appear in our flips dataset.
Is 331 New St a tax-appeal candidate?
No — 331 New St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$599.8K
2026 Q4
$615.3K
ZIP 07103 — Median Price History + Forecast

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