129 Smith St, Newark City, NJ 07106
vailsburg · Essex County
Key Facts
Description
Fixer-Upper Alert: 3-BR Colonial with Huge Upside Calling All Investors, Contractors, and Handypeople! Unleash your creativity and maximize your ROI with this classic three-bedroom Colonial. Featuring a coveted 2-car detached garage and a solid footprint, this property is the ultimate blank canvas waiting for your vision. The home requires substantial repairs and cosmetic updates, making it a rare, high-margin opportunity to get in on the ground floor, build massive sweat equity, or execute a profitable flip. This property is an ideal match for optimal financing since it qualifies for renovation loans or cash buyers. Best of all, you will experience zero holding friction because the home is completely vacant and immediately available for a fast closing. Logistics are as easy as it gets it is on a lockbox and incredibly easy to show, allowing you to bring your contractor and walk through today. Properties with this much raw potential don't stay on the market long. Grab your toolbelt and secure your next project before someone else does! Bring your flashlight.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1887
Lot Size
0.07 acres
Garage Spaces
2
Ownership
Fee Simple
MLS® Listing#
4041111
Property Features
Interior
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Rooms
- Kitchen
Schools
- Elementary:
- LINCOLN
- Middle:
- LINCOLN
- High:
- WEST SIDE
Financial Details
Annual Taxes
$2,999
Tax year 2025
Assessed Value
$75,000
Parcel Number
1614-04199-0000-00057-0000-
Directions
So. Orange Ave to Sanford to Tremont to Smith
Affordability Calculator
$53,480
Estimated monthly payment
$1,423/mo
Principal $213,920 · Est. interest $298,437 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $613,296
- Median Listing Price
- 49
- Median Days on Market
- 1,369
- Median Sq Ft
- $425
- Median Price / Sq Ft
- 3,196
- Active Listings
- This home’s price is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Vailsburg Middle School
School · 0.2 mi away
Vailsburg Elementary School
Elementary · 0.2 mi away
Benjamin Banneker Academy
School · 0.3 mi away
St. Joseph School
Elementary · 0.3 mi away
Alexander Street School
Elementary · 0.4 mi away
Lincoln Elementary School
Elementary · 0.4 mi away
Cicely Tyson School of Fine Arts
School · 0.7 mi away
Pride Academy Charter School
School · 0.7 mi away
Speedway Avenue School
Elementary · 0.8 mi away
Speedway Academies
School · 0.8 mi away
Ivy Hill Elementary School
Elementary · 0.8 mi away
Newark School of Data Science and Information Technology
Secondary · 0.8 mi away
Marshall Elementary School
Elementary · 0.9 mi away
Immaculate Conception Seminary
School · 0.9 mi away
Fourteenth Avenue School
Elementary · 1.0 mi away
University Elementary School
Primary School · 1.0 mi away
University Middle School
Secondary School · 1.0 mi away
Ecole Toussaint Louverture
Elementary · 1.0 mi away
Independence High School
Secondary · 1.0 mi away
Mt Vernon Elementary School
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 219 ARIZONA AVENUE, ATLANTIC CITY, NJ | $189,000 | 3 | 1 | 1,148 |
| 219 Arizona Ave, Atlantic City, NJ | $189,000 | 3 | — | 1,148 |
| 3719 Winchester Ave, Atlantic City, NJ | $189,950 | 3 | — | 1,208 |
| 3817 Atlantic 808, Atlantic City, NJ | $190,000 | 2 | — | — |
| 240 NEW YORK AVENUE, EGG HARBOR CITY, NJ | $190,000 | 4 | 1 | 2,220 |
| 120 N Brighton Ave, Atlantic City, NJ | $195,000 | 3 | — | 1,016 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: AMERICAN REALTY SERVICES GROUP - 9732580888