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242 Pomona Ave Newark, NJ $ 425,000
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242 Pomona Ave
$ 425,000
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242 Pomona Ave

Newark, NJ, 07112
$ 425,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 2,617

242 Pomona Ave, Newark, NJ 07112 - Image 1

Multi-Family Home for sale in Newark, NJ

for $425,000 with 5 bedrooms and 3 full baths. This home was built in 1930 on a lot size of 0.09.

Located in the Weequahic section of Newark, this spacious 2-family property presents a great opportunity for both investors and owner-occupants. The home features two units along with bonus space that offers flexibility for storage or other permitted uses. The property is being sold as is and does require TLC, making it a value-add opportunity. Each unit has a functional layout ready for your vision. The property is ideally located near NJ Transit bus lines with access to train service into NYC. It is close to major highways, including I-78, Route 1&9, and the Garden State Parkway, and just minutes from Newark Liberty International Airport. Shopping, dining, parks, and other amenities are nearby. Buyer is responsible for CO and fire inspection.

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Multi-Family Active

Price

$ 425,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,578

Style

3-Three Story

Lot Size

0.09

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

4017076
Features
General
Sewer Public Sewer
Heating Radiators - Steam
Cooling Window A/C(s)
Utilities Gas-Natural
Possession IMMEDIATELY
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 1930
Garage Detached Garage
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 3
Status Active
Directions LYONS AVON TO POMONA
Open Parking Spaces 3
Number Of Units Total 2
Tax Annual Amount 6578
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 164500
Town # 1614
Tax Lot 1
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 40X103
Lot Size Acres 0.09
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* Excluded Features
List By
SHA-ASIA JEREZ

Listing Agent

Re/Max First Realty Ii

Broker

Affordability Calculator

$3,165
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$548
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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2026$425,000 Listed Price

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242 Pomona Ave, Newark, NJ, 07112 is a Multi-Family Home for sale at $425,000 with a lot size of 0.09. 242 Pomona Ave has 5 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 07112 which is in Newark, NJ

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