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137 Palm St Newark, NJ $ 500,000
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$ 500,000 Get more info
137 Palm St
$ 500,000
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Open House 6/6 12pm - 2pm
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137 Palm St

Newark, NJ, 07106
$ 500,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 3,079

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Multi-Family Home for sale in Newark, NJ

for $500,000 with 5 bedrooms and 2 full baths. This home was built in 1910 on a lot size of 0.08.

Don't miss this two-family income-producing property in the heart of Newark! Sitting on a generous 35x100 lot, this 5-bedroom, 2-bath home features two separately metered units ideal for maximizing rental returns or living in one unit while your tenant covers the mortgage. Both units offer updated kitchens with stainless steel appliances and gas ranges, tiled bathrooms with tub/shower combos, and a mix of hardwood and updated flooring throughout. The partially finished basement adds extra utility space, complete with laundry. A private driveway rounds out this turnkey investment opportunity.

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Open House

6/6/2026 12:00 PM - 2:00 PM
137 Palm St 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 Coming Soon

Price

$ 500,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,950

Style

2-Two Story

Lot Size

0.08

Year Built

1910

Town/City

Newark

County/Region

Essex

MLS | Web ID

4031996
Features
General
Sewer Public Sewer
Heating Radiators - Hot Water
Cooling Ceiling Fan Window A/C(s)
Utilities See Remarks
Possession 0-30
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1910
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 9
Full Baths 2
Status Coming Soon
Directions From I-78 take Exit 55 for Union Ave. Turn onto Union Ave then left onto Palm St to #137.
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 4950
Drive Driveway-Exclusive
Standard Status Coming Soon
Tax Assessed Value 123800
Town # 1614
Tax Lot 6
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Interior
Basement Partial
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
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 Brick Vinyl Siding
Lot Dimensions 35X100
Lot Size Acres 0.08
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* Excluded Features
List By
NEVILLE PARMAR

Listing Agent

The Real Estate Company

Broker

Affordability Calculator

$3,491
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$413
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
6/3/2026$500,000 Listed Price

Map

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137 Palm St, Newark, NJ, 07106 is a Multi-Family Home for sale at $500,000 with a lot size of 0.08. 137 Palm St has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 07106 which is in Newark, NJ

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