40 E Park St, Newark, NJ 07102
Property image
Property image
OFF MARKET

40 E Park St
Newark, NJ 07102

Central Business District
  • 8 Beds
  • 3 Baths

$779,100

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $5,334/mo*
Refinance Your Home

$779,100

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $5,334/mo*
Refinance Your Home
8 Beds
3 Baths

Home Value

Trulia Estimate
$779K
Since last month
Decreased$112K (-12.5%)
Since last year
Decreased$42K (-5.1%)
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 +189% in the last 10 years
MonthEstimated value
2026
August 2026$779K
July 2026$891K
June 2026$885K
May 2026$864K
April 2026$849K
March 2026$787K
February 2026$760K
January 2026$830K
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
133 Sussex St, Harrison, NJ
0.53
Multi-Family Home
$915,000
05/18/26
6
2
-
133 Sussex St #904, Harrison, NJ
0.53
Multi-Family Home
$915,000
05/18/26
6
2
-
331 Essex St, Harrison, NJ
0.65
Multi-Family Home
$1,030,000
08/06/26
7
3.5
-
228 Hamilton St, Harrison, NJ
0.81
Multi-Family Home
$850,000
01/15/26
8
3
-
10-12 Monroe St, Newark, NJ
0.73
Multi-Family Home
$680,000
01/06/26
7
4
-
225 Cleveland Ave, Harrison, NJ
0.74
Multi-Family Home
$695,000
10/31/25
5
3
-
222 N 2nd St #222-0904, Harrison, NJ
0.80
Multi-Family Home
$905,000
09/20/25
11
3
-
313 Warren St, Harrison, NJ
0.69
Multi-Family Home
$475,000
10/15/25
5
5
-
109 Cross St, Harrison, NJ
0.90
Multi-Family Home
$930,000
09/05/25
7
3
-
126 Grant Ave #904, Harrison, NJ
0.83
Multi-Family Home
$778,000
11/10/25
5
3
-

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
111 Mulberry St #THB, Newark, NJ 07102
0.19
$363,600
3
2
-
Off Market
111 Mulberry St #TH-A, Newark, NJ 07102
0.19
$452,000
2
2
-
Off Market
111 Mulberry St #9C, Newark, NJ 07102
0.19
$190,300
1
1
-
Off Market
111 Mulberry St #10A, Newark, NJ 07102
0.19
$806,100
3
3
-
Off Market
111 Mulberry St #8D, Newark, NJ 07102
0.19
$340,000
2
1
-
Recently Sold
111 Mulberry St #2C, Newark, NJ 07102
0.19
$265,000
2
1
-
Recently Sold
111 Mulberry St #2A, Newark, NJ 07102
0.19
$355,400
2
2
-
Off Market
111 Mulberry St #6H, Newark, NJ 07102
0.19
$297,000
1
1
-
Off Market
111 Mulberry St #6J, Newark, NJ 07102
0.19
$285,000
1
1
-
For Sale
111 Mulberry St 4D #4-D, Newark, NJ 07102
0.19
$294,800
1
1
-
Off Market
111 Mulberry St #9D, Newark, NJ 07102
0.19
$343,000
2
1
-
Off Market
111 Mulberry St #4K, Newark, NJ 07102
0.19
$350,000
2
1
-
Recently Sold

Local Information

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

Home Highlights

Property Type
Multi-Family

About this House

Building with 7 offices for sale in Newark's business district3 garages and parking in rearAddress; 40 E Park Street, Newark, NJIncludes 2 parcels of land that can be built on:36-38 Kitchell St, Newark 0710240 Kitchell St, Newark 07102Price $799,000 for the entire package. No brokers.
40 E Park St, Newark, NJ 07102 is a 8 bedroom, 3 bathroom multi-family in Central Business District. It is currently off market. The Trulia Estimate is $779,100, with a rent estimate of $2,945/month.

Home Details for 40 E Park St

Interior Features

Levels, Entrance, & Accessibility
Stories: 3

Property Information

Property Type / Style
Property Type: Multi Family

Community

Units in Building: 8

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Dec 1, 2014
Source: N/A
ListingRemoved
$799,000
Oct 1, 2014
Source: N/A
Listed For Sale
$799,000

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

Central Business District
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Business District

At least 184 Trulia users voted on each feature.

  • 84 % Say there are sidewalks

  • 82 % Say it's walkable to grocery stores

  • 79 % Say it's walkable to restaurants

  • 76 % Say it's dog friendly

  • 68 % Say streets are well-lit

  • 55 % Say there's holiday spirit

  • 50 % Say car is needed

  • 48 % Say they plan to stay for at least 5 years

  • 46 % Say yards are well-kept

  • 44 % Say kids play outside

  • 44 % Say neighbors are friendly

  • 41 % Say there are community events

  • 41 % Say parking is easy

  • 40 % Say people would walk alone at night

  • 38 % Say it's quiet

  • 25 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Ryangsnyder
    "Path train is easy to get to at Newark Penn. it’s a brief walk to the station. I’ve taken the buses a few times. They are very timely to the minute. "
    0
    Flag
  • Nalleli Jerez
    "There are many families around. And many schools. They are good over all but you need to know your kid so you can use a school system that works for you. Many schools have cero tolerance policies but many kids do not do good on those environments. "
    0
    Flag
  • Nalleli Jerez
    "There is no a park for dogs but there is walking distance parks that people with dog can go to run and to play with their dogs. "
    0
    Flag
  • Martina Solej
    "Great commute with Path or NJ transit blocks away. If you live further you can get on the light rail to get to the trains for NYC."
    1
    Flag
  • Martina Solej
    "Very little activities and parks for children. Not kid friendly and no do parks. No where to sit outside and have a coffee."
    0
    Flag
  • Trulia User
    "It’s close to many businesses so it can be loud at times. Quiet and peaceful at night. It can be hot in the warmer weather."
    0
    Flag
  • Joslyn B. D.
    "I can walk to work but I drive and its about 5 minutes. Easy access to stores and restaurants. Great views. "
    0
    Flag
  • Joslyn B. D.
    "2 minute commute. Work and live downtown. Will walk when I learn the neighborhood better. Shortest commute ever. "
    1
    Flag
  • Juan P. J.
    "You see people walking their dogs all the time. Tons of restaurants to eat at and great arts and cultural center NJPAC and beautiful concert and sports arena Prudential Center"
    0
    Flag
  • Kareisha.questel
    "I first moved downtown with my dog who grew up in the suburbs so there was a bit of an adjustment when there was no grass along the sidewalks for him."
    1
    Flag
  • Lauren C.
    "My commute is luxurious, a 7 minute walk down the block. My favorite thing about living here. No need for a car if you live and work in Downtown Newark. "
    3
    Flag
  • Lauren C.
    "Awesome. I walk to work and there’s multiple coffee and food establishments en route. Whole Foods is a big plus!"
    2
    Flag
  • Marcusmaliah@gmail.com
    "I’ve lived hear for almost a year, it’s a luxury building for young professionals and older retirees. It’s dog friendly, and safe, but like anywhere be mindful of your surroundings."
    14
    Flag
  • Marcusmaliah@gmail.com
    "Their are dog owners in this neighborhood, they walk their dogs all times of night, it’s pretty safe but for me I wouldn’t I’m a female."
    1
    Flag
  • Ashley P.
    "Street festivals and other events downtown newark. Whole Foods, petco and new restaurants and summer events are great. "
    3
    Flag
  • Marcusmaliah@gmail.com
    "Theirs lots of events for kids at the local performing arts center, and near by prudential center. Their is also a Whole Foods in walking distance, and an urgent care station as well."
    2
    Flag
  • chappel.bill
    "I have lived in this neighborhood 35 years. Friendly neighbors.Dog friendly. Great library and museum. Great public transportation."
    10
    Flag
  • Paul R.
    "museum events, concerts, sports events, arts events, jazz nights, restaurant week, festivals, bars, cultural events, movie nights, cultural events."
    2
    Flag
  • Felsonj
    "Beautiful architecture; neighborhood in transition; good access to downtown and midtown NYC; great potential for additional development, both residential and commercial"
    8
    Flag
  • Stevescott517
    "Newark cbd? It will be like grove street soon enough. celebrity chefs, gourmet coffee, fancy wine, pet store, health clinic, whole foods, starbucks, tech jobs, finance jobs, the place is blowing up! "
    6
    Flag
  • Local_Professor
    "This area is at the heart of 4 Colleges/Universities (Rutgers, UMDNJ, NJIT, & Berkley College). Very diverse community because of the college kids and faculty living in the area. Patrolled by Newark's police department, Rutger's Police Department & NJIT police department at the same time 24/7. One block away from train station to NY and Newark path (Commute to NYC is about 15 min!) and 15 min drive to Newark International Airport. In the middle of the historic district surrounded by brownstone houses. Targeted by city officials, state planners, and national non-profits for urban renewal. Mayor Hospital (Saint Michale's) 2 blocks away. Blue ribbon school around the corner. Newark's Museum and public library 3 blocks away. Park with summer farm market at walking distance.Area is included in the Downtown district plans so it is reduced property tax and reduce commerce/sales tax. Community involvement is a plus in this area with a very active Neighborhood association with a focus on community development and historical preservation."
    11
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 40 E Park St

  • What is 40 E Park St estimated to be worth?
    Trulia's estimated value for 40 E Park St in Newark, NJ is $779,100.
  • 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.
  • What do residents say about the Central Business District neighborhood?
    Residents describe the Central Business District neighborhood in Newark, NJ as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See recently sold homes in Central Business District, Newark.

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