589 Dr Martin Luther King Jr
Newark City, NJ 07102-1215
- 6 beds
- 2 baths
- 2,600 sqft
- 1,742 sqft lot
- $192 per sqft
- 1895 build
- – on site
Turn-of-the-century charm meets unlimited potential in this spacious 3-story Brownstone located in the heart of Newark. With over 2,500 sq ft, this 6-bedroom, 2-bath single-family home offers historic details like high ceilings, original plaster crown moldings, parquet floors, and wide-plank pine boards that speak to a bygone era. The property also features a large basement ready to be finished, offering additional living space, storage, or the potential for a rec room, studio, or office. Skyline views from the third floor and room for a private rear patio add to the unique appeal. Being sold as-is, this is a rare opportunity for a creative dreamer or first-time buyer to reimagine a true architectural gem. Located just steps from the iconic Krueger Mansion, this home is surrounded by a wave of development and revitalization. Enjoy being within a 20-min. walk to Whole Foods, NJPAC, Prudential Center, and Newark Penn Station. Own a piece of Newark's history and shape its next chapter.
Last checked:
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Last updated Apr 20, 2025
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MLS# 3957639 —
The Building
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Construction Date/Year Built:1895
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Renovated Year:2005
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Style:See Remarks
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Primary Style:See Remarks
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Roof Description:Flat
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Exterior Description:Brick
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Color of Building:Red
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Basement:Yes
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Handicap Modified:No
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Building #:589
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Possible Other Uses:Home-Office
Interior
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Interior Features:Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Skylight, Smoke Detector
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Flooring:Wood
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# of Rooms:9
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Level 1 Rooms:Dining Room, Entrance Vestibule, Foyer, Kitchen, Living Room
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Level 2 Rooms:3 Bedrooms, Bath Main
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Level 3 Rooms:3 Bedrooms, Bath(s) Other
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Kitchen Area:See Remarks
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Dining Area:Formal Dining Room
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Basement Description:Full, Walkout
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Ground Level Rooms:Outside Entrance, Utility Room
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# of Fireplaces:1
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Fireplace Description:Non-Functional
Financial & Terms
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Possession:immediate
Location
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Directions:Broad Street to Court Street to Dr. MLK Blvd.
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Latitude:40.73351943740752
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Longitude:-74.18131398734482
The Property
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Property Subtype:Single Family
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Approx Lot Size:18 Sqft
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Lot Description:Irregular Lot
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Approx SqFt:2,600 Sqft
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Total Acres:0 Sqft
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Lot Identifier:52
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Zoning:residential
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Exterior Features:Curbs, Patio, Sidewalk
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Exclusions:none
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Easements:No
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Farm Assessment:No
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Assessment Land:38000
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (201) 868-3100
Taxes
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Tax ID:*
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Tax ID For Property:1614-02507-0000-00052-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.803
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Tax Amount:$5,183
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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City Code Tax:*
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County Tax:$*
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County Code Tax:*
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Zip Code Tax:*
Beds
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# of Bedrooms:6
Baths
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# of Baths:2.00
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# of Full Baths:2
The Listing
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Home Warranty:No
Heating & Cooling
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Heating:1 Unit, Radiators - Hot Water
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Water Heater:Gas
Utilities
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Utilities:Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
Appliances
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Appliances:Carbon Monoxide Detector, See Remarks
The Community
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Section/Subdiv/Development:University Heights
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Community Living:No
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Pets Allowed:Cats OK, Dogs OK
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Assessment Total:136300
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Assessment Total Tax:*
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Assessment Bldg:98300
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Assess Amount Building Tax:*
Parking
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Parking/Driveway Description:None
Extra Units
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In-Law Suite:No
Monthly cost estimate

Asking price
$499,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,676
|
Taxes | N/A |
Insurance | $137 |
Utilities | $270 See report |
Total | $3,083/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/19/25
Apr 19, 2025
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Listed / Active | GSMLS | $499,900 |

71% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $26k above asking price on average, but some went as high as $125k over asking price.