242 Pomona Avenue Newark, NJ $ 425,000
242 Pomona Avenue
$ 425,000
Recently Listed
Open House 3/28 1pm - 3pm
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242 Pomona Avenue

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

Monthly Estimate*

$ 2,617

242 Pomona Avenue, Newark, NJ 07112 - Image 1

Multi-Family Home for sale in Newark, NJ

for $425,000 with 5 bedrooms and 3 full baths.

Located in the Weequahic section of Newark, this spacious 2-family property offers strong potential for both investors and owner-occupants. The home features two units along with bonus space providing flexibility for additional living or storage. Property is being sold as is and requires TLC, presenting an excellent opportunity to renovate and add value. Each unit offers a functional layout with the ability to maximize rental income or accommodate extended living. Conveniently located near NJ Transit bus lines with access to train service to NYC. Close to major highways including I-78, Route 1&9, and the Garden State Parkway. Minutes from Newark Liberty International Airport. Near shopping, dining, parks, and everyday amenities. Ideal for those seeking a value-add opportunity in a well-established neighborhood. Buyer is responsible for CO and fire inspection.

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Open House

3/28/2026 1:00 PM - 3:00 PM
242 Pomona Avenue Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 425,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,578

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26010317

Features
General
Utilities Sep Heat
Garage Spaces 1.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 12
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 6578.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 5
Total Baths 3
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* Excluded Features

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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$425,000 Listed Price

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242 Pomona Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $425,000. 242 Pomona Avenue has 5 bedrooms and 3.0 baths. The property's zip code is 07112 which is in Newark, NJ