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50 Palm St

Newark City, NJ 07106
  • $540,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 4014606
UPDATED: 47 min ago
$540,000
  • 4
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to 50 Palm Street in Newark, New Jersey, a well-maintained two-family home located in the desirable Lower Vailsburg section. This property offers a great opportunity for owner-occupants or investors looking for rental income in a convenient location.Each unit features 2 spacious bedrooms and 1 full bathroom, with updated interiors, spacious closets with organizers, and comfortable living spaces filled with natural light. The kitchens include stainless steel appliances, and the home is equipped with a Nest thermostat for modern energy-efficient climate control.The layout provides functional living areas and well-sized bedrooms, making each unit both comfortable and practical.Conveniently located close to major highways, public transportation, shopping, restaurants, parks, and universities, with easy access to I-78 and the Garden State Parkway, making commuting to NYC and surrounding areas simple.Whether you?re looking to live in one unit and rent the other or add a solid property to your investment portfolio, this home offers great potential.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-22T06:49:31.613.
www.teambraconihomesales.com/homes/174125953
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50 Palm St Newark City, NJ 07106

  • Price: $540,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 47 min ago
  • MLS #: 4014606
4
Beds
2
Baths
0
½ Baths
0.06
Acres
1915
Built
Neighborhood:
Lower Valisburg
County:
Essex
Area:
Newark City
Elementary School:
Lincoln
Middle School:
Lincoln
High School:
West Side
Property Description
Welcome to 50 Palm Street in Newark, New Jersey, a well-maintained two-family home located in the desirable Lower Vailsburg section. This property offers a great opportunity for owner-occupants or investors looking for rental income in a convenient location.Each unit features 2 spacious bedrooms and 1 full bathroom, with updated interiors, spacious closets with organizers, and comfortable living spaces filled with natural light. The kitchens include stainless steel appliances, and the home is equipped with a Nest thermostat for modern energy-efficient climate control.The layout provides functional living areas and well-sized bedrooms, making each unit both comfortable and practical.Conveniently located close to major highways, public transportation, shopping, restaurants, parks, and universities, with easy access to I-78 and the Garden State Parkway, making commuting to NYC and surrounding areas simple.Whether you?re looking to live in one unit and rent the other or add a solid property to your investment portfolio, this home offers great potential.
Exterior Features

Approximate Lot Size 25X100 Color Of Building Blue Exterior Description Vinyl Siding Exterior Features Metal FenceOpen Porch(es) Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Central AirMulti-Zone Cooling Heating Forced Hot AirMulti-Zone Interior Features Carbon Monoxide DetectorSmoke Detector Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)Range/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving/Dining RoomPantryPorch Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)Range/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving/Dining Room Unit2 Rooms 5 Unit2 Sq Ft 1000

Property Features

Assessment Total 311400 Building Assessment 295100 Easement Unknown Exclusions All personal property - Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 16300 Net Operating Income 0 Renovated Year 2020 Sewer Public Sewer Tax Amount 12452 Tax Rate Amount 3.999 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1700 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Renovated

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of RE/MAX SELECT: 908-233-9292.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-22T06:49:31.613.
 
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