49 Norwood St # 3 Newark, NJ $ 550,000
49 Norwood St # 3
$ 550,000
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49 Norwood St # 3

Newark, NJ, 07106
$ 550,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 3,386

49 Norwood St # 3, Newark, NJ 07106 - Image 1
49 Norwood St # 3, Newark, NJ 07106 - Image 2
49 Norwood St # 3, Newark, NJ 07106 - Image 3
49 Norwood St # 3, Newark, NJ 07106 - Image 4
49 Norwood St # 3, Newark, NJ 07106 - Image 5
49 Norwood St # 3, Newark, NJ 07106 - Image 6
49 Norwood St # 3, Newark, NJ 07106 - Image 7
49 Norwood St # 3, Newark, NJ 07106 - Image 8

Multi-Family Home for sale in Newark, NJ

for $550,000 with 9 bedrooms and 3 full baths. This home was built in 1904 on a lot size of 0.07.

Remarks: Fantastic Investment Opportunity! 3-family home in the vailsburg section of Newark with great potential. The three floor offers 3 bedrooms and 1bath each with spacious kitchen. The property needs some work but presents an excellent opportunity for investors or buyers looking to customize. With a bit of renovation, it can become a strong income producer or a great option for an owner-occupant to live in one unit and rent out the others. Conveniently located near Downtown Newark, NJPAC, Prudential Center, EWR Airport, and major transportation.

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Multi-Family Active

Price

$ 550,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,339

Style

3-Three Story

Lot Size

0.07

Year Built

1904

Town/City

Newark

County/Region

Essex

MLS | Web ID

4006323

Features
General
Sewer Public Sewer
Heating 3 Units
Cooling None
Utilities Gas In Street
Possession TBD
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1904
Garage On-Street Parking
Township Newark City
Unit Number 3
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 18
Full Baths 3
Status Active
Directions South Orange Avenue to Norwood Street
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 6339
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 166700
Town # 1614
Tax Lot 69
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Interior
Basement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 30X100
Lot Size Acres 0.07
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* Excluded Features
List By
TAJUDEEN A AJADI

Listing Agent

Lara Realty Corp

Broker

lararealty1@yahoo.com

Email

Affordability Calculator

$3,915
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$528
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
1/22/2026$550,000 Listed Price

Map


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49 Norwood St # 3, Newark, NJ, 07106 is a Multi-Family Home for sale at $550,000 with a lot size of 0.07. 49 Norwood St # 3 has 9 bedrooms, 3.0 baths, and was built in 1904. The property's zip code is 07106 which is in Newark, NJ