The median home value in Newark, NJ is $417,500.
This is
lower than
the county median home value of $450,000.
The national median home value is $308,980.
The average price of homes sold in Newark, NJ is $417,500.
Approximately 21% of Newark homes are owned,
compared to 67% rented, while
12% are vacant.
Newark real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Newark real estate agent to arrange a tour today!
Learn more about Newark.
VERY VIBRANT COMMERCIAL CORRIDOR. MINUTES FROM DOWNTOWN NEWARK AND 1 BLOCK FROM POLICE HEADQUARTER. ***DO NOT CONTACT THE TENANTS AND DO NOT GO THERE WITHOUT AN APPOINTMENT*** THE COMMERCIAL PROPERTY HAS TWO COMMERCIAL SPACES. ONE IS BARBER SHOP AND THE OTHER ONE IS RESTAUANT. HOWEVER, THE RESTAUTANT IS CLOSED. THE PROPERTY IS SELLING "AS IS".
Income producing opportunity!!! Currently close to real 8% cap with room for upside!!! 21 unit corner brick building consisting of 17 residential units, and 4 commercial units. 3 story walkup, with 2 of the units using a separate entrance. The property has gone over many upgrades in recent years, such as new surveillance system, new heating system in every unit, new roof (2-3 yrs), Multiple apartments have been renovated, and common areas as well. Great location and commuter access, close to DT Newark, Ironbound, public transit on the block, with easy access to I-78, RT 1&9, RT 22 and much more! Come see it yourself!
Uncover a remarkable investment potential in Newark! This BRAND NEW MODERN PROPERTY is a mixed-use property features TWO 3-bedrooms with two bathrooms units and 1 adaptable commercial space. Nestled in a prime location. It presents an ideal blend of residential and commercial income possibilities. Whether you're a seasoned investor aiming to diversify or a newcomer seeking a stable investment, this property offers an alluring opportunity for growth. Enhanced by its proximity to urban amenities, transportation, and a vibrant community, seize the chance to optimize returns and broaden your investment portfolio in this thriving area. IT QUALIFIES FOR TAX ABATEMENT