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$715,000
786-788 Lake Street, Newark, NJ, 07104
MLS# 26026356
7
Bedrooms
4
Bathrooms
2
Half Baths
0.115 acres (5,000 sqft)
Lot Size
1900
Year Built
Residential — Colonial
Property Type
Description
Presence and pedigree define this stately Dutch Colonial Revival, built c. 1920, with its distinctive barn-shaped gambrel roof, large shed dormers, and symmetrical upper windows. Soft sage-green trim in a historically appropriate palette accents the broad covered front porch and second-floor balcony. Inside: gleaming hardwood floors, original wood trim and cornice detailing, pocket doors, and a cozy fireplace. The refinished kitchen features stainless steel appliances, a subway tile backsplash, farmhouse sink, and a convenient powder room. The upper floors offer seven bedrooms, including rooms currently used as a home office and gym, plus two full bathrooms: one beautifully renovated with a glass-enclosed shower and modern vanity, and another featuring a classic clawfoot tub that preserves the home's historic charm. A full basement includes a washer and dryer, an additional half bathroom, and ample storage. Outside: a beautifully maintained, large fenced yard, private covered back porch, wide driveway, and detached garage. Near Branch Brook Park, with easy access to the Light Rail, Newark Penn Station, Route 280, and Downtown Newark.
Tax & Financial Information
| Annual Property Taxes | $8,488 (NJ Public Records) |
| Tax Assessment | $223,200 |
| Land Assessment | $72,500 |
| Original List Price | $750,000 |
| Listed | July 14, 2026 |
Property Features
Interior
- ✓Heating: Baseboard,Gas
- ✓Cooling: Win/AC
- ✓Basement: Prt Finished
Exterior & Lot
- ✓Parking: Detached
Listing Information
Listing Office: EXP Realty, LLC — 866-201-6210
Listing Agent: Lesley Cecchi — 973-494-4057 — lesley.cecchi@exprealty.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 7/27/2026.
Total Monthly Cost
$5,311/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $143,000 | Loan: $572,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Newark
Northeast Corridor / PATH
Newark Penn Station
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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