58 3rd St, Newark, NJ 07107
OFF MARKET

58 3rd St
Newark, NJ 07107

Fairmount
  • 9 Beds
  • 3 Baths
  • 3,888 sqft

$692,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $4,688/mo*

$692,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $4,688/mo*
9 Beds
3 Baths
3,888 sqft

Local Information

  • Map ViewExplore the area around 58 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School7 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Attention all investors... Amazing 3 family investment property walking distance to Rutger University. Each unit has 3 bedrooms 1 full and 1 half bathroom. This property is easy to show with 2 vacant properties on the 2nd and 3rd floors.This is an income generating machine which isn't going to last long. Property is being sold strictly AS/IS.
58 3rd St, Newark, NJ 07107 is a 9 bedroom, 3 bathroom, 3,888 sqft multi-family in Fairmount, built in 1929. It last sold for $251,000 on Dec 27, 2017. More recently, it was listed as a rental in April 2015 with an asking price of $1,450 per month. That rental listing was removed on May 20, 2015. It is currently off market. The Trulia Estimate is $692,500, with a rent estimate of $1,893/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 58 3rd St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Vinyl
Parking & Garage
Parking: On Street

Community

Units in Building: 3

Lot Information

Lot Area: 2178 sqft

Price History for 58 3rd St

DatePriceEventSource
12/27/2017$251,000Sold
GSMLS #3420389
11/06/2017$230,000PendingToActiveAgent Provided
11/06/2017$230,000PendingAgent Provided
10/03/2017$230,000PendingToActiveAgent Provided
10/03/2017$230,000PendingAgent Provided
09/25/2017$230,000Listed For SaleAgent Provided
05/20/2015$1,450ListingRemovedAgent Provided
04/29/2015$1,450Listed For RentAgent Provided
03/14/2001$47,000Sold
N/A

Market trends in Newark

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$16.67K
MoM
Sale-to-List Price
101.7%
1.1%
MoM
Price per sq ft
—
Available listings
241
1
MoM
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Property Tax and Assessment

Year2025
Tax$7,266
Assessment$181,700
Home facts updated by county records

Comparable Sales for 58 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.44
Multi-Family Home
$300,812
09/30/25
8
3
2,583
0.27
Multi-Family Home
$560,000
09/22/25
10
4
2,865
0.26
Multi-Family Home
$228,000
05/12/26
6
3.5
1,602
0.27
Multi-Family Home
$685,000
08/11/25
7
3
2,162
0.41
Multi-Family Home
$800,000
04/02/26
6
3
3,364
0.36
Multi-Family Home
$2,115,000
06/05/26
9
3
3,207
0.63
Multi-Family Home
$526,000
08/22/25
8
3
3,500
0.44
Multi-Family Home
$650,000
04/15/26
8
3
2,529
0.59
Multi-Family Home
$407,500
01/12/26
6
3
9,999
0.77
Multi-Family Home
$444,100
08/12/25
6
2.5
2,613

Nearby homes

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Assigned Schools

These are the assigned schools for 58 3rd St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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."
  • 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"
  • 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 "
  • 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."
  • 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 "
  • Trulia User
    "I will encourage any family to stay in this environment because it’s very nice place and quite place to stay.. "
  • 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 "
  • 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. "
  • 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 "
  • 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."
  • 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. "
  • Peekaymartin
    "easy commute to public transportation. easy commute to major highways. easy commute to new York, airport, malls etc"
  • 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."
  • 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 "
  • 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 "
  • 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. "

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Homes for sale near 58 3rd St

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Off Market Homes Near 58 3rd St

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