741 Highland Ave | Newark City

$599,999 | 4 Beds | 2 Baths (1 Full, 1 Half)

Opportunities like this rarely hit the market in the prestigious Forest Hill, Newark section of Newark, New Jersey. Introducing this SPACIOUS 4BR / 1.5BA single-family home! A RARE opportunity to own in one of Newark?s most desirable neighborhoods at a discount, with clear upside for investors or savvy buyers looking to add value. The home is in good overall condition but ready for cosmetic updates, making it an ideal candidate for a value-add renovation strategy. Whether you're planning to modernize and hold, or renovate and reposition the property, the opportunity to build equity through improvements is clear. The property offers off-street parking which is absolute GOLD in this part of Newark, adding significant everyday convenience and long-term resale appeal. With continued demand for housing in Newark and limited inventory in Forest Hill, Newark, this property presents a rare chance to secure a foothold in a historic neighborhood while creating immediate value through renovation. Smart investors know the strategy: Buy right. Renovate smart. Refinance into equity. The real here question is, who?s going to recognize the potential first? This property will be sold AS-IS. GSMLS 4012438

Directions to property: Verona Ave to Highland Ave

MLS Listing ID: 
GSMLS 4012438
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Year Built: 
1897
New Construction: 
0
Basement: 
Bilco-Style Door, Unfinished
Fireplaces: 
Yes
Construction
Roof: 
Asphalt Shingle
Exterior: 
Aluminum Siding
Energy Information: 
Electric, Gas-Natural
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
9
Total Bedrooms: 
4
Total Bathrooms: 
2
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
1
Utilities
Information about utilities available on the property.
Heating System: 
Radiators - Steam
Heating System Fuel: 
Gas-Natural
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Dimensions): 
37.6X100
Waterfront: 
0
Lot Features
Driveway: 
1 Car Width, Off-Street Parking
Parking Type: 
1 Car Width, Off-Street Parking
Total Parking Spaces: 
0
Garage: 
Detached Garage
Fence: 
No
Public Record
Parcel Number: 
1614-00810-0000-00059-0000-
Lot Number: 
59
Annual Tax: 
$6,522.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/3/2026
Contract Details
Details about the listing contract.
Possession: 
Fee Simple
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
COOPER MCKELVEY REAL ESTATE CO.