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50 Palm St Newark, NJ $ 510,000
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50 Palm St
$ 510,000
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50 Palm St

Newark, NJ, 07106
$ 510,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,140

​

Multi-Family Home for sale in Newark, NJ

for $510,000 with 4 bedrooms and 2 full baths. This home was built in 1915 on a lot size of 0.06.

Welcome to 50 Palm Street in Newark, New Jersey, a well-maintained two-family home located in the desirable Lower Vailsburg section. This property offers a great opportunity for owner-occupants or investors looking for rental income in a convenient location.Each unit features 2 spacious bedrooms and 1 full bathroom, with updated interiors, spacious closets with organizers, and comfortable living spaces filled with natural light. The kitchens include stainless steel appliances, and the home is equipped with a Nest thermostat for modern energy-efficient climate control.The layout provides functional living areas and well-sized bedrooms, making each unit both comfortable and practical.Conveniently located close to major highways, public transportation, shopping, restaurants, parks, and universities, with easy access to I-78 and the Garden State Parkway, making commuting to NYC and surrounding areas simple.Whether you?re looking to live in one unit and rent the other or add a solid property to your investment portfolio, this home offers great potential.

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Multi-Family Active

Price

$ 510,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 12,452

Style

2-Two Story

Lot Size

0.06

Year Built

1915

Town/City

Newark

County/Region

Essex

MLS | Web ID

4014606
Features
Interior
Interior Amenities Carbon Monoxide Detector Smoke Detector
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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General
Sewer Public Sewer
Heating Forced Hot Air Multi-Zone
Cooling Central Air Multi-Zone Cooling
Utilities All Underground
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style 2-Two Story
Exclusions All personal property -
Year Built 1915
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Lower Valisburg
Total Rooms 10
Full Baths 2
Status Active
Directions Maps
High School WEST SIDE
Open Parking Spaces 0
Number Of Units Total 2
Elementary School LINCOLN
Tax Annual Amount 12452
Home Warranty Y/N No
Middle/Junior High School LINCOLN
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 311400
Town # 1614
Tax Lot 101
Farm Assessment No
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Exterior
Exterior Amenities Metal Fence Open Porch(es)
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
NICOLE PALMERI

Listing Agent

Re/Max Select

Broker

njhomesbynicole@gmail.com

Email

Affordability Calculator

$4,178
Per Month
75%
25%
0%
Monthly Principal & Interest
$3,140
Monthly Property Taxes
$1,038
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4945419 Elementary School
5421090 Middle School
West Side High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/16/2026$510,000 Listed Price

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50 Palm St, Newark, NJ, 07106 is a Multi-Family Home for sale at $510,000 with a lot size of 0.06. 50 Palm St has 4 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 07106 which is in Newark, NJ

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