50 Underwood St Newark, NJ $ 599,000
50 Underwood St
$ 599,000
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50 Underwood St

Newark, NJ, 07106
$ 599,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 3,688

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Multi-Family Home for sale in Newark, NJ

for $599,000 with 5 bedrooms and 4 full baths. This home was built in 1930 on a lot size of 0.07.

This well-maintained multifamily property offers oversized 2-bedroom, 1-bath apartments with spacious layouts, abundant natural light, and tasteful updates throughout. The second-floor unit includes a bonus sunroom offering ideal flex space for a home office, den, or playroom. Both apartments have been freshly painted and updated with new flooring and newer appliances, making this a true turnkey opportunity. Finished attic with full bath adds valuable additional living space. Full unfinished basement provides excellent storage. Exterior highlights include a gated driveway, oversized 1-car garage, and additional parking. Ideal for investors or owner-occupants looking for a move-in ready, income-producing property that has been exceptionally well cared for.

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Multi-Family Active

Price

$ 599,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,373

Style

3-Three Story

Lot Size

0.07

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

4025530

Features
Interior
Interior Amenities Security System Smoke Detector Wood Floors
Basement Full 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 Electric Gas-Natural
Half Baths 0
Total Bedrooms 5
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General
Sewer Public Sewer
Heating 1 Unit Radiators - Hot Water
Cooling None WindowAC
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 1930
Garage Detached Garage Oversize Garage
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 11
Full Baths 4
Status Active
Directions Stuyvesant Ave to Underwood Street
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 8373
Home Warranty Y/N No
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 209400
Town # 1614
Tax Lot 59
Farm Assessment No
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 36.2X90
Lot Size Acres 0.07
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* Excluded Features
List By
ROBERT COPPOLA

Listing Agent

Keller Williams Suburban Realty

Broker

Affordability Calculator

$4,386
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
$698
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
Pricing History
DatePricePrice ChangeDescription
5/6/2026$599,000 Listed Price

Map


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50 Underwood St, Newark, NJ, 07106 is a Multi-Family Home for sale at $599,000 with a lot size of 0.07. 50 Underwood St has 5 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 07106 which is in Newark, NJ