89 Walnut St, Newark, NJ 07102
OFF MARKET

89 Walnut St
Newark, NJ 07102

Central Business District
  • 8 Beds
  • 4 Baths
  • 4,000 sqft

$960,200

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $6,501/mo*

$960,200

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $6,501/mo*
8 Beds
4 Baths
4,000 sqft

Local Information

  • Map ViewExplore the area around 89 Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School7 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Rare and well maintained 3 unit multi-family with renovated common spaces (hallways + backyard), new water heaters + boilers, & gut renovated unit 2. Perfect location:

-3 blocks to Prudential Center / New Mars Wrigley Corporate Office (Ironside Newark),
-7 min walk to Penn Station,
-15 min walk to Whole Foods
-20 min walk to University Heights (Rutgers, NJIT, Audible, etc)
-5 min walk to restaurants + bars in Ironbound

Apartment information:

-Unit 1: 3 bed / 1 bath with 10 ft ceilings and direct access to renovated backyard.
-Unit 2: 3 bed / 2 bath with beautiful dark wood floors, open concept kitchen / living room, and en-suite master with laundry.
-Unit 3: 2 bed / 1 bath with large upstairs space which can be a third bedroom or entertainment space.

Yearly income based on current rates: $64,956

If you would like to invest in a rare 3 family home with lots of upside, reply with questions or availability to set-up a call.
89 Walnut St, Newark, NJ 07102 is a 8 bedroom, 4 bathroom, 4,000 sqft multi-family in Central Business District, built in 1877. It last sold for $685,000 on Oct 14, 2020. More recently, it was listed as a rental in February 2019 with an asking price of $1,900 per month. That rental listing was removed on May 23, 2019. It is currently off market. The Trulia Estimate is $960,200, with a rent estimate of $1,936/month.

Home Highlights

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

Home Details for 89 Walnut St

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet, Breakfast Nook, Family Room, Master Bath, Office
Heating & Cooling
Heating: Baseboard, GasCooling System: OtherHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 3Floors: Tile, Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDryerWasher
Security
Security System

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Vinyl, BrickGarden
Parking & Garage
Parking: On Street

Property Information

Year Built
Year Built: 1877
Property Type / Style
Property Type: Multi FamilyArchitecture: Colonial

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 3

Lot Information

Lot Area: 2465 sqft

Price History for 89 Walnut St

DatePriceEventSource
03/07/2021ListingRemovedN/A
10/14/2020$685,000Sold
N/A
07/28/2020$729,500Listed For SaleN/A
05/23/2019$1,800ListingRemovedAgent Provided
03/20/2019$1,800PriceChange
Agent Provided
02/21/2019$1,900Listed For RentAgent Provided
08/24/2018$420,000Sold
GSMLS #3443644
06/29/2012$93,000Sold
N/A
10/19/1995$50,000Sold
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$12,185
Assessment$304,700
Home facts updated by county records

Comparable Sales for 89 Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Multi-Family Home
$525,000
08/07/25
6
3
1,962
0.68
Multi-Family Home
$650,000
12/29/25
4
4
2,310
0.86
Multi-Family Home
$850,000
07/11/25
8
3
2,952
0.85
Multi-Family Home
$700,000
07/11/25
6
5
2,240
0.77
Multi-Family Home
$800,000
02/04/26
7
5
1,332
1.12
Multi-Family Home
$650,000
04/09/26
5
4
2,997
0.81
Multi-Family Home
$660,000
02/18/26
5
2
2,000
1.20
Multi-Family Home
$835,000
07/30/25
8
3
3,000
1.10
Multi-Family Home
$374,900
11/06/25
7
3
2,212
1.27
Multi-Family Home
$780,000
07/16/25
8
6
3,346

Nearby homes

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Assigned Schools

These are the assigned schools for 89 Walnut 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 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. "
  • 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. "
  • 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. "
  • 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."
  • 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."
  • 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."
  • Joslyn B. D.
    "I can walk to work but I drive and its about 5 minutes. Easy access to stores and restaurants. Great views. "
  • Joslyn B. D.
    "2 minute commute. Work and live downtown. Will walk when I learn the neighborhood better. Shortest commute ever. "
  • 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"
  • 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."
  • 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. "
  • Lauren C.
    "Awesome. I walk to work and there’s multiple coffee and food establishments en route. Whole Foods is a big plus!"
  • 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."
  • 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."
  • Ashley P.
    "Street festivals and other events downtown newark. Whole Foods, petco and new restaurants and summer events are great. "
  • 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."
  • chappel.bill
    "I have lived in this neighborhood 35 years. Friendly neighbors.Dog friendly. Great library and museum. Great public transportation."
  • Paul R.
    "museum events, concerts, sports events, arts events, jazz nights, restaurant week, festivals, bars, cultural events, movie nights, cultural events."
  • Felsonj
    "Beautiful architecture; neighborhood in transition; good access to downtown and midtown NYC; great potential for additional development, both residential and commercial"
  • 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! "
  • 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."

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Homes for sale near 89 Walnut St

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Off Market Homes Near 89 Walnut St

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