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55 Commonwealth Ave Newark, NJ $ 199,000
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$ 199,000 Get more info
55 Commonwealth Ave
$ 199,000
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55 Commonwealth Ave

Newark, NJ, 07106
$ 199,000
Bedrooms3 Baths1.0

Monthly Estimate*

$ 1,374

55 Commonwealth Ave, Newark, NJ 07106 - Image 1

Single Family Home for sale in Newark, NJ

for $199,000 with 3 bedrooms and 1 full bath. This home was built in 1924 on a lot size of 0.06.

**INVESTOR OPPORTUNITY!** Bring your vision to this total-rehab property located in Newark?s Lower Vailsburg section. Featuring 3 bedrooms, 1 bathroom, a formal dining room, living room, and bonus attic room, this property offers plenty of potential for the right investor.Property is being sold strictly **AS-IS** and requires a full renovation. Seller will make absolutely no repairs or improvements and makes no representations or warranties regarding the condition of the property, its systems, or improvements. Buyer is responsible for conducting all desired due diligence.**PLEASE BE ADVISED:** No unauthorized showings or entry onto the premises. Do not enter, inspect, walk, or otherwise access the property without prior consent and a confirmed appointment.

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Single Family Active

Price

$ 199,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 5,146

Style

Colonial, Fixer Upper

Lot Size

0.06

Year Built

1924

Town/City

Newark

County/Region

Essex

MLS | Web ID

4057229
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater Radiant - Hot Water
Cooling Central Air
Utilities All Underground
Possession Closing
Roof Asphalt Shingle
Appliances See Remarks
Garage Spaces 0
Architectural Style Colonial Fixer Upper
Year Built 1924
Township Newark City
Tax Year 2025
Ownership Fee Simple
County Essex
Total Rooms 8
Full Baths 1
Status Active
Directions Sanford Ave to Commonwealth Ave
High School SCIENCE
Elementary School LINCOLN
Tax Annual Amount 5146
Middle/Junior High School LINCOLN
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 128700
Town # 1614
Tax Lot 36
Primary Style Colonial
Sub Property Type Single Family
Community Living No
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Interior
Basement Unfinished
Total Fireplaces 1
Fireplace Features See Remarks
Fuel Type Oil Tank Above Ground - Inside
Half Baths 0
Total Bedrooms 3
Kitchen Features Eat-In Kitchen
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Exterior
Exterior Amenities Metal Fence
Pool No
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
TYRE CEASER

Listing Agent

Compass New Jersey Llc

Broker

Tyreceaserrealestate@gmail.com

Email

Affordability Calculator

$1,803
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,374
Monthly Property Taxes
$429
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5570181 Elementary School
5545462 Middle School
Science High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2026$199,000 Listed Price

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55 Commonwealth Ave, Newark, NJ, 07106 is a Single Family Home for sale at $199,000 with a lot size of 0.06. 55 Commonwealth Ave has 3 bedrooms, 1.0 baths, and was built in 1924. The property's zip code is 07106 which is in Newark, NJ

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