696 Dr Martin Luther King J, Newark, NJ 07102
Local realty services provided by:CENTURY 21 Semiao & Associates
696 Dr Martin Luther King J,Newark City, NJ 07102
$1,275,000
- 9 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: imani mcclendon
Office: coldwell banker realty
MLS#:4006665
Source:NJ_GSMLS
Price summary
- Price:$1,275,000
About this home
Large lot-located in the heart of the Lincoln Park Historic District, this renovated three-family property offers exceptional flexibility for investors, developers, or owner-occupants seeking immediate income with long-term upside. While the property itself is not historically designated, it is uniquely situated between two historic buildings, benefiting from the character and prestige of the district without the limitations of landmark restrictions.The building was reconfigured from a former rooming house into three spacious units, each featuring central heating and cooling, in-unit washer and dryer, and well-designed layouts. Oversized windows flood the interior with natural light, while select stained-glass accents enhance charm and marketability. The third floor unit bedrooms have NYC skyline views. A standout feature is the exceptionally large backyard, a rare offering in this location that presents multiple opportunities for future expansion or redevelopment- Lincoln Park District book attached. This makes the property ideal for an owner-occupant looking to live in one unit while generating rental income from the others, with future plans to extend or extend the property. The seller is open to concessions. A rare chance to secure a versatile asset near Downtown Newark....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:4006665
- Added:48 day(s) ago
- Updated:February 10, 2026 at 09:40 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Full bathrooms:6
- Half bathrooms:1
- Rooms Total:21
- Basement Description:Basement, Finished
Heating and cooling
- Cooling:Central Air
- Heating:Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2026
- Lot area:0.13 Acres
- Architectural Style:3-Three Story
- Construction Materials:Stucco
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,275,000
- Tax amount:$8,146 (2024)
Features and amenities
- Amenities:All Utilities Underground, Carbon Monoxide Detector, Chandelier, Smoke Detector, Stain Glass Windows, Walk-In Closet, Wood Floors
Parking
- Parking description:1 Car Width, Off-Street Parking
New listings near 696 Dr Martin Luther King J
- Open Sun, 1 to 3pmNew
$450,000Active-- beds 2 baths580 Hunterdon Street, Newark, NJ 07108
MLS# 26007790Listed by: THE REAL ESTATE COMPANY - Open Sun, 1 to 4pmNew
$929,000Active-- beds 5 baths349-351 Osborne Terrace, Newark, NJ 07112
MLS# 26008075Listed by: KELLER WILLIAMS VILLAGE SQUARE REALTY - New
$699,000Active-- beds 4 baths156 Dayton Street, Newark, NJ 07114
MLS# 26008130Listed by: KELLER WILLIAMS REALTY WESTFIELD - New
$678,900Active-- beds 3 baths59 Rose Terrace, Newark, NJ 07108
MLS# 26008155Listed by: NEW AND MODERN GROUP - New
$869,000Active-- beds 4 baths218-220 Clinton Place, Newark, NJ 07112
MLS# 26008174Listed by: KELLER WILLIAMS CITY VIEWS REALTY - New
$549,900Active-- beds 3 baths23 Valley Street, Newark, NJ 07106
MLS# 26008190Listed by: EXIT PLATINUM REALTY - New
$499,999Active3 beds 3 baths33 Beaumont Place, Newark, NJ 07104
MLS# 26008212Listed by: RE/MAX TOWN & VALLEY - New
$400,000Active0.06 Acres496 Orange St, Newark City, NJ 07107
MLS# 4014231Listed by: REALTY ONE GROUP LEGEND - New
$397,900Active4 beds 3 baths705 15th Street, Newark, NJ 07103
MLS# 26008180Listed by: NEW AND MODERN GROUP - Open Sun, 1 to 4pmNew
$929,000Active10 beds 5 baths349 Osborne Ter, Newark City, NJ 07112
MLS# 4014095Listed by: KELLER WILLIAMS VILLAGE SQUARE