40 3rd St, Newark, NJ 07107
Property image
Property image
OFF MARKET

40 3rd St
Newark, NJ 07107

Fairmount
  • 5 Beds
  • 3 Baths
  • 3,000 sqft

$625,100

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $4,291/mo*
Refinance Your Home

$625,100

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $4,291/mo*
Refinance Your Home
5 Beds
3 Baths
3,000 sqft

Home Value

Trulia Estimate
$625K
Since last month
$300 (0%)
Since last year
Increased$213K (+52.6%)
Since last sale
Increased$489K (+375.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +310% in the last 10 years
MonthEstimated value
2026
August 2026$619K
July 2026$619K
June 2026$630K
May 2026$618K
March 2026$542K
February 2026$462K
January 2026$409K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
39 Jay St, Newark, NJ
0.37
Multi-Family Home
$528,750
06/23/26
6
3
3,432
36 Duryea St, Newark, NJ
0.29
Multi-Family Home
$228,000
05/12/26
6
3.5
1,602
96 S 12th St, Newark, NJ
0.40
Multi-Family Home
$800,000
04/02/26
6
3
3,364
42 Hudson St, Newark, NJ
0.36
Multi-Family Home
$528,750
06/23/26
7
3
2,271
37 Jay St, Newark, NJ
0.37
Multi-Family Home
$528,750
06/25/26
9
3
3,207
231 5th St, Newark, NJ
0.49
Multi-Family Home
$300,812
09/30/25
8
3
2,583
19 Myrtle Ave, Newark, NJ
0.29
Multi-Family Home
$560,000
09/22/25
10
4
2,865
245-247 4th St, Newark, NJ
0.49
Multi-Family Home
$650,000
04/15/26
8
3
2,529
7 N 7th St, Newark, NJ
0.16
Multi-Family Home
$200
02/03/26
3
1
2,420
437-439 7th Ave W, Newark, NJ
0.50
Multi-Family Home
$935,000
06/10/26
6
4
3,660
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
40 3rd St, Newark, NJ 07107
0.00
$646,400
5
3
-
Off Market
38 3rd St, Newark, NJ 07107
0.00
$578,400
5
3
-
Off Market
42 3rd St, Newark, NJ 07107
0.02
$612,500
Studio
-
-
Off Market
461/2 3rd St, Newark, NJ 07107
0.02
$574,100
Studio
-
-
Off Market
47 3Rd St, Newark, NJ 07107
0.03
$757,900
Studio
-
-
Off Market
52 3rd St, Newark, NJ 07107
0.03
$680,100
11
3
-
Off Market
51-53 3Rd St, Newark, NJ 07107
0.04
$675,000
Studio
-
-
Recently Sold
66 4Th St, Newark, NJ 07107
0.04
$300,000
3
1
-
Recently Sold
62-4TH 4th, Newark, NJ 07107
0.05
$413,800
3
2
-
Off Market
55-57 3rd St, Newark, NJ 07107
0.05
$860,900
9
4
-
Off Market
167-169 Dickerson/ AKA 41 5th ST, Newark, NJ 07107
0.07
$720,600
Studio
-
-
Off Market
49 N 5Th St, Newark, NJ 07107
0.08
$500,000
4
3.5
-
For Sale

Local Information

  • Map ViewExplore the area around 40 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School7 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Living Area
3,000 sqft
Price/Sqft
$208

About this House

This multi-family home is located at 40 3rd St, Newark, NJ. 40 3rd St is in the Fairmount neighborhood in Newark, NJ and in ZIP code 07107. This property has 5 bedrooms, 3 bathrooms and approximately 3,000 sqft of floor space. This property has a lot size of 1550 sqft and was built in 1920.
40 3rd St, Newark, NJ 07107 is a 5 bedroom, 3 bathroom, 3,000 sqft multi-family in Fairmount, built in 1920. It last sold for $130,100 on Jul 16, 2010. More recently, it was listed as a rental in June 2023 with an asking price of $1,500 per month. That rental listing was removed on June 19, 2023. It is currently off market. The Trulia Estimate is $625,100, with a rent estimate of $2,372/month.

Home Details for 40 3rd St

Interior Features

Interior Details
BasementAdditional StorageNumber of Rooms: 12Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, PantryStorage
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Floors: Tile, Hardwood
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickLawn
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1920Year Updated: 2012
Property Type / Style
Property Type: Multi FamilyArchitecture: Colonial

Community

Units in Building: 2

Lot Information

Lot Area: 1550 sqft

Price and Tax history

DateEventPrice
Jun 19, 2023
Source: Zillow Rentals
ListingRemoved
Jun 12, 2023
Source: Zillow Rentals
Listed For Rent
$1,500
Mar 7, 2021
Source: N/A
ListingRemoved
Dec 20, 2019
Source: N/A
ListingRemoved
$1,250
Dec 11, 2019
Source: N/A
Listed For Rent
$1,250

Market trends in Newark

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$31.67KMoM
Sale-to-List Price
104.1%
0.8%MoM
Price per sq ft
—
Available listings
239
5MoM

Around this home

Neighborhood Overview

Fairmount
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairmount

At least 180 Trulia users voted on each feature.

  • 86 % Say there are sidewalks

  • 70 % Say it's walkable to grocery stores

  • 68 % Say it's dog friendly

  • 68 % Say yards are well-kept

  • 66 % Say car is needed

  • 57 % Say streets are well-lit

  • 54 % Say there's holiday spirit

  • 52 % Say it's walkable to restaurants

  • 52 % Say kids play outside

  • 46 % Say parking is easy

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say neighbors are friendly

  • 35 % Say it's quiet

  • 34 % Say there's wildlife

  • 33 % Say people would walk alone at night

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Michelle F
    "The parking is terrible most of the time you can't find a parking space, and the summer it's so loud with people always blasting their music at night, it's just to active."
    0
    Flag
  • Trulia User
    "sidewalks are small with a lot of fences and gates. a lot of other dogs that are aggressive. parks are far from here not in walking distance with a lot of cemeteries in the area"
    1
    Flag
  • Trulia User
    "brings everyone together peacefully and no drama with people hurting each other or themselves while attending the event that the city put together when needed "
    3
    Flag
  • Trulia User
    "It’s a awesome are and people are every respectful and crewing I live in Newark for 28 years no problems at all."
    9
    Flag
  • Trulia User
    "New environment good place for kids to grow up and and I love the area it’s safe for the kids and the schools are great shopping areas "
    1
    Flag
  • Trulia User
    "I will encourage any family to stay in this environment because it’s very nice place and quite place to stay.. "
    2
    Flag
  • Trulia User
    "Great . I’m close to four bus lines and they take me to other forms of transportation. Just safety issues. I’m weary of standing at the bus lines because of the crime rate. My form of transportation is Uber or family members "
    3
    Flag
  • William W.
    "I have had no issues since living here. its quiet and people dont bother you. I have lived here three years and enjoy my home. I am mindful of where I live but I am not vigilant 24/7. "
    73
    Flag
  • Trulia User
    "This neighborhood is bad, lots of drug dealers selling drugs, shooting, fighting all times of day in night! It was a nightmare living there! They be outside till something in the morning playing loud music! You call the cops they leave then come back when the police leave! It’s a bad area period not for kids to play outside it’s not safe And they make it so dirty in front of your house "
    60
    Flag
  • Big C
    "No area for dogs to play freely like a dog park. Most let their dogs defecate near trees, behind abandon homes and in front of residents houses without picking up their dogs mess."
    8
    Flag
  • Chemisse B.
    "I reside in an up and coming neighborhood. There are new construction projects. There is public transportation allowing ease to get around. You can get to NYC easily. There are shops, stores, grocery stores, and close to a hospital. "
    6
    Flag
  • Peekaymartin
    "easy commute to public transportation. easy commute to major highways. easy commute to new York, airport, malls etc"
    5
    Flag
  • Jussmackdaddy
    "THE GENTRIFICATION OF WORKING CLASS FAMILIES SHARING THE SAME GOALS. AFRICANS CARRIBEANS HISPANICS AND AFRICAN AMERICANS ARE ALIKE. THERE'S A A CHURCH IN MY BLOCK THAT SERVICES COMMUNITIES NEAR AND FAR WITH THEIR RELIGIOUS PANTRY AND OTHER SERVICES. THERE ARE COLONIAL STYLE AND TOWNHOUSES. BUS AND SHOPPING ARE CLOSE TO TRANSPORTATION. FASTFOOD RESTAURANTS ARE NEARBY EITHER YOU CAN GO OR STAY.WHAT I REALLY LOVE ABOUT IT IS MY RESPECT FOR A COUPLE OF ELDERLY NEIGHBORS TELLING ME THE HISTORY OF THE NEIGHBORHOOD AND THE CHANGES THROUGHOUT THE YEARS. THERE'S A CHARTER SCHOOL THAT'S ONE BLOCK AWAY AS WELL AS A HOSPITAL 2 BLOCKS AWAY. SO THAT WHAT MAKES MY NEIGHBOR UNIQUE. IT OPENS THE DOOR FOR THE NEXT GENERATION THAT I MUST BE PREPARED FOR."
    100
    Flag
  • Angelique T.
    "it's ok but just not for me want to move to a better place some parts are ok but some are not wish to find a better place to stay "
    35
    Flag
  • Angelique T.
    "not sure but I just want to move to a better spot than where I'm at now because people don't respect one another I would like to be in a peaceful area "
    16
    Flag
  • Latoyah T.
    "I live in the neighborhood, moved here from NY due to rent being really high & NJ isn’t much of a difference. A lot of abandoned houses, broken sidewalks & riddled streets. "
    85
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 40 3rd St

  • What is 40 3rd St estimated to be worth?
    Trulia's estimated value for 40 3rd St in Newark, NJ is $625,100.
  • What is the price history for 40 3rd St?
    40 3rd St in Newark, NJ last sold for $130,100 in July 2010.
  • Is Newark a buyer's or seller's market?
    Newark is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Newark?
    The median sale price in Newark is $507K. That is up $31.67K from the prior month.
  • Does 40 3rd St have air conditioning?
    Yes, 40 3rd St in Newark, NJ has air conditioning.
  • Does 40 3rd St have laundry facilities?
    Yes, 40 3rd St in Newark, NJ has in-unit laundry.

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Off Market Homes Near 40 3rd St

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