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$675,000

308 Chadwick Ave Newark, NJ 07112

11 beds
3 full
Multi-Family

Property details

About 308 Chadwick Ave

Opportunity knocks with this charming 3-family Colonial. Ready for investors, multi-generational living, or anyone looking to offset their mortgage with rental income. Conveniently situated just half a mile from public bus transportation, this property combines space, convenience, and potential. Each unit offers a spacious layout: Unit 1 (Level 1): 4 bedrooms, living room, kitchen, and full bathroom Unit 2 (Level 2): 4 bedrooms, living room, kitchen, and full bathroom Unit 3 (Level 3): 3 bedrooms, living room, kitchen, and full bathroom Whether you're looking to lease all three units or live in one while generating income from the others, the setup is flexible and functional. The exterior features a welcoming front porch, fenced front and back yards, and storage sheds for added convenience. An unfinished basement offers ample storage and houses utilities. With plenty of space and rental potential, this multi-unit home is a smart move for a wide range of buyers.

Highlights

Home typeMulti Family
StatusActive
MLS #25025707

Summary

  • Full Bathrooms: 3
  • Total Bedroom Count: 11
  • List Price: $675,000
  • Annual Tax Amount: $6,005
  • Tax Year: 2024
  • MLS Number: 25025707
  • Office Name: Keller Williams Realty Westfield
  • Office Phone: (908) 233-8502
  • Listing Agent: Michael Martinetti

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 08, 2017
Home Sold
$365,000
Aug 28, 2017
Home Sold
$115,000
Sep 14, 2004
Home Sold
$261,000

Tax history

YearAssessmentProperty Tax
2024$161,100$6,005
2022$161,100$6,015
2021$161,100$6,015
2020$161,100$6,058
2019$161,100$5,949

History based on county public records data.

Nearby schools

4

Thurgood Marshall Elementary School

Public District PK-5

1.0 mi

141 Montgomery Ave # 181

2

Harriet Tubman Elementary School

Public District PK-6

1.3 mi

504 S 10th St

3

Berkeley Terrace Elementary School

Public District PK-5

1.4 mi

787 Grove St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,978. Typical income of Newark, NJ residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

49%
<35k
46%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
32%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
14%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 308 Chadwick Ave

The listing price of 308 Chadwick Ave property is $675,000.

The property 308 Chadwick Ave is a multi located in Newark, New Jersey, 07112.

Active Listing: 308 Chadwick Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 308 Chadwick Ave are: Thurgood Marshall Elementary School (GreatSchools Rating 4/10), Harriet Tubman Elementary School (GreatSchools Rating 2/10), Berkeley Terrace Elementary School (GreatSchools Rating 3/10), Dayton Street Elementary School (GreatSchools Rating 2/10), Belmont Runyon Elementary School (GreatSchools Rating 1/10), Achieve Community Charter School (GreatSchools Rating 4/10), Team Academy Charter School (GreatSchools Rating 5/10), University High School (GreatSchools Rating 5/10), Malcom X Shabazz High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $6,005 (source: MLS/based on county public records data).

The last sale was on December 8, 2017 for $365,000 (source: MLS/tax record).

This home is located at 308 Chadwick Ave in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 11 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $675,000.

In June 2025 in Newark, NJ there were 29.7% more homes for sale than in May. In June 2025, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $499,000.

From Rocket Homes Real Estate and based on county public records data.

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