124-126 Norwood St Newark, NJ ^$ 550,000

124-126 Norwood St

^$ 550,000

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124-126 Norwood St

Newark, NJ, 07106

^$ 550,000

Bedrooms3 Baths2.1

Monthly Estimate*

^$ 3,431

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Multi-Family Home for sale in Newark, NJ

for $550,000 with 3 bedrooms and 2 full baths, 1 half bath. This home was built in 1927 on a lot size of 0.1.

Excellent two-family opportunity in desirable Lower Vailsberg section of Newark! Off-street parking, oversized lot with large yard, new roof, new sewer line, new chimney line, new water heaters! Unit 1 with one bedroom, full bath, living room, separate dining room, kitchen with gas stove and pantry, rear door. Unit 2 with two bedrooms, full bath, living room, separate dining room, kitchen. Unfinished basement with half bath. Detached garage.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,540

Style

2-Two Story

Lot Size

0.1

Year Built

1927

Town/City

Newark

County/Region

Essex

MLS | Web ID

3974640

Features

General

Sewer Public Sewer

Heating Radiators - Hot Water

Cooling None

Utilities Gas-Natural

Possession At closing

Roof Asphalt Shingle

Garage Spaces 1

Architectural Style 2-Two Story

Year Built 1927

Garage Detached Garage

Township Newark City

Tax Year 2024

Gross Income 999999

County Essex

Net Operating Income 999999

Operating Expense 999999

Total Rooms 9

Full Baths 2

Status Active

Directions Lindsley Avenue to Norwood Street

Open Parking Spaces 3

Number Of Units Total 2

Tax Annual Amount 4540

Drive Blacktop Driveway-Exclusive

Standard Status Active

Tax Assessed Value 119400

Town # 1614

Tax Lot 17

Interior

Basement Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 1

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Fuel Type Gas-Natural

Half Baths 1

Total Bedrooms 3

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Lot Dimensions 44.9X100

Lot Size Acres 0.10

* Excluded Features

List By

CHRISTIAN TIBOK

Listing Agent

Fathom Realty Nj

Broker

christiantibok@gmail.com

Affordability Calculator

$3,810

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $378
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$713,934

Percent of Sale Price 30%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/11/2025	$550,000		Listed Price

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124-126 Norwood St, Newark, NJ, 07106 is a Multi-Family Home for sale at $550,000 with a lot size of 0.1. 124-126 Norwood St has 3 bedrooms, 2.1 baths, and was built in 1927. The property's zip code is 07106 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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124-126 Norwood St

Multi-Family Home for sale in Newark, NJ

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