Listing Details

50 Palm St,Newark City, NJ 07106-1118

  • March 15, 2026
    hello

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.

Details

Last Updated On: March 15th, 2026 at 11:26 pm
Property ID:PT-31830482-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 510,000 $
Bedrooms:4
Year Built:1915

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X100
Lot Identifier: 101
Lot Identifier: 101

Home Details

Subdivision: Lower Valisburg
Open Parking: 0
Basement: Yes
Renovated: 2020
Basmnt/Desc: Yes - Unfinished
Acreage: 0.06
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 10
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: At Closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 1000
Unit 1 Rent: 1700
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Pantry, Porch
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1000
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
Color of Building: Blue
Block Identifier: 4199
County Number: 16
Town Number: 1614
YB/Desc: 1915 - Renovated
Color of Building: Blue
Easement: Unknown
Parking/Driveway Description: On-Street Parking
Block Identifier: 4199
County Number: 16
Town Number: 1614
Possession: At Closing

Taxes, Fees & Assessments

Warranty: No
Tax ID For Property: 1614-04199-0000-00101-0000-
Tax Amount: $12,452.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $16,300.00
Building Assessment: $295,100.00
Total Assessment: $311,400.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: Forced Hot Air, Multi-Zone
Cool System: Central Air, Multi-Zone Cooling
Water: Public Water
Sewer: Public Sewer
Utilities: All Underground

Schools

Grade School: LINCOLN
Middle School: LINCOLN
High School: WEST SIDE

Features

  • Carbon Monoxide Detector
  • Metal Fence
  • Open Porch(es)
  • Smoke Detector

Statistics

Schedule a Tour

Similar Listings

23 Nichols St,Newark City, NJ 07105-1609

729,000 $

Nichols St, Newark City, Essex

Beds 4

342 Sherman St,Passaic City, NJ 07055-3130

875,000 $

Sherman St, Passaic City, Passaic

Beds 6

45 Sand Rd,Westwood Boro, NJ 07675-2417

829,000 $

Sand Rd, Westwood Boro, Bergen

Beds 6

224 Gordon St,South Amboy City, NJ 08879-1845

615,000 $

Gordon St, South Amboy City, Middlesex

Beds 4

44 Forsythia Ln,Paramus Boro, NJ 07652-4307

1,599,000 $

Forsythia Ln, Paramus Boro, Bergen

Beds 8

52 Stone,Newark City, NJ 07104-2518

785,000 $

Stone, Newark City, Essex

Beds 6

Write a Review

510,000 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.