Newark, NJ Multifamily Homes & Duplexes for Sale

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  /33

  $579,999

  • 6 Beds
  • 3 Baths

  59 Wakeman Ave, Newark, NJ 07104

  Don't miss this beautifully renovated vacant 2-family home located in the vibrant heart of Newark! This versatile property is perfect for owner-occupancy or as a strong investment opportunity. The first-floor unit features 2 spacious bedrooms and 1 full bathroom, offering a bright and comfortable layout. The second-floor duplex unit boasts 4 bedrooms and 2 full bathrooms, ideal for larger

  

  Tayllor Cooper

  COOPER MCKELVEY REAL ESTATE CO.

  (201) 720-6774

  

  59 Wakeman Ave, Newark, NJ 07104
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  Explore Newark

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  /21

  $479,000

  • 4 Beds
  • 2.5 Baths

  142 Sherman Ave, Newark, NJ 07114

  Welcome to this beautifully maintained and freshly painted two-family home in the heart of Newark! Perfect for both investors and owner-occupants, this spacious property offers comfort, functionality, and charm.Unit 1 features a generous layout with a large living room and separate dining area, both finished with warm hardwood floors that bring character and elegance to the space. The

  

  Cintia D'Urso

  VOX REALTY

  (201) 809-3536

  

  142 Sherman Ave, Newark, NJ 07114
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  /20

  $619,000

  • 5 Beds
  • 3 Baths
  • 2,246 Sq Ft

  141 Fabyan Place, Newark, NJ 07112

  Welcome to 141 Fabyan Place, a beautifully renovated two-family home offering a strong investment opportunity in a convenient Newark location. This updated property features a total of 5 bedrooms and 3 full bathrooms across two spacious units. The first unit includes 2 bedrooms and 1 bathroom, while the second offers 3 bedrooms and 2 bathrooms, each with eat-in kitchens, open living/dining areas,

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 762-9946

  

  141 Fabyan Place, Newark, NJ 07112
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  /8

  $649,999

  • 8 Beds
  • 3 Baths

  137 Renner Ave, Newark, NJ 07112

  Recently renovated 3-Family Home offering great income potential! This property features two spacious units with 3 bedrooms and 1 bath each, plus a comfortable 2 bedroom, 1 bath unit. All apartments have generous layouts, natural light, and functional living spaces. Conveniently located near major transportation routes including Garden State Parkway, Routes 1 & 9, and I-78, making commuting to

  

  Cintia D'Urso

  VOX REALTY

  (201) 801-3226

  

  137 Renner Ave, Newark, NJ 07112
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  /15

  $800,000

  • 9 Beds
  • 3 Baths

  384 Badger Ave, Newark, NJ 07112

  Opportunity awaits with this well-maintained 3-family property in Newark, offering both comfortable living space and strong rental income potential. Each unit features 3 bedrooms, 1 bathroom, a spacious living room, and a functional kitchen. The second-floor unit has been fully renovated and is vacant, ready for immediate occupancy, showcasing a modern kitchen with granite countertops, updated

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 730-4865

  

  384 Badger Ave, Newark, NJ 07112
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  /30

  $599,000

  • 5 Beds
  • 2 Baths

  666 S 15th St, Newark, NJ 07103

  Welcome to 666 S 15th Street, a beautifully renovated newer construction two-family home located in a convenient section of Newark. The first unit offers 2 bedrooms and 1 bathroom, while the second unit features 3 bedrooms and 1 bathroom?providing a versatile layout ideal for rental income or personal use. Both units have been thoughtfully updated and offer functional, modern living spaces ready

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 429-0568

  

  666 S 15th St, Newark, NJ 07103
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  /11

  $499,900

  • 5 Beds
  • 4 Baths

  170 Christie St, Newark, NJ 07105

  FIXER-UPPER OPPORTUNITY " TWO-FAMILY HOME IN NORTH IRONBOUND! This unique investment property is in the highly desirable North Ironbound section of Newark. The home features a first-floor unit with a kitchen, living room, dining room, and bedrooms, full bathrooms. Second-floor, a larger unit with kitchen, living room, dining room, and bedrooms, two full bathrooms. It also includes a partially

  

  Augusto Verissimo

  WEICHERT REALTORS - HOME CITY

  (973) 420-5317

  

  170 Christie St, Newark, NJ 07105
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  /11

  $737,000

  • 9 Beds
  • 3 Baths

  205-207 Chancellor Ave, Newark, NJ 07112

  Massive 3-Family Home in Weequahic!Spacious and well-maintained 3-family property featuring 9 bedrooms and 4 bathrooms across three levels. Unit 1 offers 4 beds/1 bath, Unit 2 features 3 beds/2 baths, and the top floor includes 2 beds/1 bath. Hardwood floors, high ceilings, and abundant natural light throughout. Includes a large, clean basement, a 4-car driveway, and a private backyard. Located

  

  Tamayo Oppenheimer

  Silver and Oak Realty

  (201) 561-8122

  

  205-207 Chancellor Ave, Newark, NJ 07112
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  /14

  $769,000

  • 6 Beds
  • 5 Baths

  629 S 18th St, Newark, NJ 07103

  Nestled on a tranquil, tree-lined street, this charming home is just steps away from South Seventeenth Street Elementary School, making it an ideal choice for those seeking convenience and community. Both the 1st & 2nd floor offer an inviting open layout of the living/dining room which seamlessly blends comfort with functionality, perfect for entertaining or gatherings. With three generously

  

  David Vanegas

  EMPIRE REAL ESTATE

  (201) 431-2169

  

  629 S 18th St, Newark, NJ 07103
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  /30

  $575,000

  • 8 Beds
  • 2 Baths

  79 Irving St, Newark, NJ 07104

  Welcome to 79 Irving Street, a well-maintained three-story multi-family property located near the Newark-Belleville border. This spacious home features two vacant units, offering immediate flexibility for investors or owner-occupants. The first unit includes 3 bedrooms and 1 bathroom, while the second unit offers 5 bedrooms and 1 bathroom ideal for maximizing rental income. Each unit features an

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 989-1981

  

  79 Irving St, Newark, NJ 07104
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  /19

  $525,000

  • 6 Beds
  • 3.5 Baths

  348 Sussex Ave, Newark, NJ 07107

  Welcome to 348 Sussex Avenue, a solid brick multi-family property located in the heart of Newark. This under/over style home offers a total of 6 bedrooms and 3.5 bathrooms across two levels. Unit 1 features 3 bedrooms and 2 full baths, with two of the bedrooms located on the basement level. Unit 2 offers 3 bedrooms and 1.5 baths. Both units include spacious living/dining areas and fully equipped

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 212-6802

  

  348 Sussex Ave, Newark, NJ 07107
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  /36

  $589,000

  • 5 Beds
  • 2 Baths

  77 Aldine St, Newark, NJ 07112

  Welcome to 77 Aldine St, a versatile multi-unit property in Newark offering comfort and potential income. This well-maintained home consists of two units, each with its own unique appeal. Unit 1 features 2 bedrooms and 1 bathroom, ideal for a cozy living space, with a spacious and inviting living area. The kitchen has modern appliances and plenty of storage space, making meal preparation a

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 870-0848

  

  77 Aldine St, Newark, NJ 07112
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  /7

  $529,000

  • 6 Beds
  • 3 Baths

  644 15th Ave, Newark, NJ 07103

  Opportunity knocks with this solid 3-family home perfectly situated in the heart of Newark. This property can be transformed into a high-income producing asset.Located just minutes from major highways, public transportation, downtown Newark.

  

  Cintia D'Urso

  VOX REALTY

  (201) 688-7083

  

  644 15th Ave, Newark, NJ 07103
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  /14

  $729,900

  • 6 Beds
  • 4 Baths

  63-65 Milford Ave, Newark, NJ 07108

  Welcome to 63-65 Milford Avenue!!! This Fantastic, well-maintained two-family home is conveniently located in the desirable South Broad Neighborhood. Offering easy access to EWR - Newark Liberty International Airport, Downtown Newark, all major public transportation, and a short commute to NYC. Features an Open floor Plan Concept, Kitchen, Living / Dining Room, three bedrooms, and two full

  

  Augusto Verissimo

  WEICHERT REALTORS - HOME CITY

  (201) 949-3985

  

  63-65 Milford Ave, Newark, NJ 07108
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  /8

  $818,000

  • 6 Beds
  • 5 Baths

  322 Clifton Ave, Newark, NJ 07104

  Beautiful 3 Unit Property in the best area of North Newark, close to Newark Basilica, famous Branch Brook Park , Schools, Major Transportation, Major highways and more. Prime Location, Strong investment. Rare opportunity to own a great 3 unit property, with lots of potential on the desireable Clifton Ave in the heart of Newark. Why pay rent when you can pay less with this enormous property or

  

  Roy Castro

  REALTY ONE GROUP LIVING

  (201) 992-5516

  

  322 Clifton Ave, Newark, NJ 07104
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  /17

  $899,900

  • 8 Beds
  • 5 Baths

  281 Morris Ave, Newark, NJ 07103

  Massive 3-Family Home on Oversized Lot " Prime Newark Location Near UMDNJ! Welcome to this exceptional investment opportunity just steps from UMDNJ in Newark! This massive 3-family property offers an unbeatable location, impressive square footage, and endless potential for both owner-occupants and savvy investors.Situated on an extra-large lot, this home boasts spacious units with high ceilings,

  

  Carlie Carreira

  EXP REALTY, LLC

  (862) 358-8812

  

  281 Morris Ave, Newark, NJ 07103
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  /20

  $589,000

  • 5 Beds
  • 2 Baths

  219 N 6th St, Newark, NJ 07107

  Welcome Home! 219 N 6th is located in one of the,most desirable neighborhoods in Newark, offering 2 units in great condition, first floor unit offering a spacious open concept layout with 2 bedrooms and up to date kitchen and bathroom, second floor unit offers 3 bedrooms and up to date finishes... whether you are looking to live in 1 unit or rent the other, or just looking to generate income 219

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 977-4109

  

  219 N 6th St, Newark, NJ 07107
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  /22

  $639,900

  • 5 Beds
  • 4 Baths

  22 Kossuth St, Newark, NJ 07105

  WELCOME TO 22 Kossuth St!!! This solid brick two-family home is unique, exceptionally well-maintained, and conveniently located in the vibrant and bustling Ironbound Neighborhood. Everything just steps from your door. Local Restaurants & Wilson Avenue/ Ferry Shopping Stores / Nightlife, and all major Highways and public transportation. Offers spacious apartments consisting of a sizable

  

  Augusto Verissimo

  WEICHERT REALTORS - HOME CITY

  (201) 365-9934

  

  22 Kossuth St, Newark, NJ 07105
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  /2

  $919,900

  • 8 Beds
  • 5 Baths

  78 Mayor Kenneth A Gibson Blvd, Newark, NJ 07104

  Welcome!!!!! This is a fantastic opportunity to own this well-maintained three-family home conveniently located in the highly desirable North Ward in the Lower Broadway neighborhood. Everything steps away from your door. Bloomfield Avenue shopping stores, Restaurants, each apartment offers an Open floor plan Concept, kitchen, living-dining room, three bedrooms, two full baths, an in-unit laundry

  

  Augusto Verissimo

  WEICHERT REALTORS - HOME CITY

  (201) 890-5011

  

  78 Mayor Kenneth A Gibson Blvd, Newark, NJ 07104
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  /2

  $919,900

  • 8 Beds
  • 5 Baths

  78-80 Broad St, Newark, NJ 07104

  Welcome!!!!! This is a fantastic opportunity to own this well-maintained three-family home conveniently located in the highly desirable North Ward in the Lower Broadway neighborhood. Everything is steps away from your door. Bloomfield Avenue shopping stores, Restaurants, each apartment offers an Open floor plan Concept, kitchen, living-dining room, three bedrooms, two full baths, an in-unit

  

  Augusto Verissimo

  Weichert Home City Realty

  (201) 975-5457

  

  78-80 Broad St, Newark, NJ 07104
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  /2

  $649,900

  • 7 Beds
  • 4.5 Baths

  23 Edwin Place, Newark, NJ 07112

  BACK ON THE MARET! Excellent opportunity to own a spacious and versatile 2-family home in the heart of Newark! This property is in great condition and features two separate units, perfect for rental income. As a bonus, there's an additional recreational room ideal for a home office, playroom, gym, or additional bedroom. Located just minutes from major transportation options, this home offers both

  

  Carlie Carreira

  EXP REALTY, LLC

  (201) 365-9690

  

  23 Edwin Place, Newark, NJ 07112
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  /43

  $649,000

  • 6 Beds
  • 3 Baths

  1371 Clinton Ave Unit 1373, Irvington, NJ 07111

  Spacious and conveniently located with an oversized backyard, this income generating home is a must see. The first unit comprises a two bedroom apartment and full finished basement with a bonus room. The upstairs unit spans the second and third floors and offers four beds and two baths. While the property is in need of some general repairs and is being sold as is, much has been done to update it.

  

  Michael Dunn

  EXP REALTY, LLC

  (201) 817-5916

  

  1371 Clinton Ave Unit 1373, Irvington, NJ 07111
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  /43

  $879,000 New Construction

  • 6 Beds
  • 4.5 Baths

  22 Speedway Ave, Newark, NJ 07106

  Brand new construction in 2025! Welcome to 22 Speedway Avenue, a stunning newly built 2-family home in Newark, offering modern design, comfort, and strong investment potential. This under/over-style property features two spacious units: Unit 1 includes 3 bedrooms, 2.5 baths, a large living/dining area, and a beautiful eat-in kitchen; Unit 2 offers 3 bedrooms, 2 full baths, and a bright, open

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 822-2604

  

  22 Speedway Ave, Newark, NJ 07106
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  /34

  $699,000 Open Sat 12PM - 3PM

  • 6 Beds
  • 6 Baths

  70 19th Ave, Newark, NJ 07103

  Introducing a brand-new two-family home built from the ground up by a reputable local builder. The exterior features brick veneer with fiber cement window accents for a modern finish. Each unit includes three bedrooms, a half bath, and a private master bath, along with separate utilities. Inside, you'll find spacious layouts and a well-designed kitchen with custom cabinets and an island.

  YAZDAJE BEDOYA FLOROSTONE REALTY INC.

  

  70 19th Ave, Newark, NJ 07103
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  /9

  $749,999

  • 10 Beds
  • 5 Baths

  25-27 Treacy Ave, Newark, NJ 07108

  Welcome to 25-27 Treacy Avenue, a rare opportunity to own a beautifully renovated multi-family property in the heart of Newark's vibrant Upper Clinton Hill neighborhood. This spacious residence features multiple sun-filled units with modern kitchens, updated bathrooms, and thoughtful finishes throughout perfect for both homeowners and investors. With ample bedrooms, flexible living space, and

  Edwin Botchway REAL

  

  25-27 Treacy Ave, Newark, NJ 07108
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  /30

  $749,900

  • 9 Beds
  • 6 Baths

  145 Ridgewood Ave, Newark, NJ 07108

  Fantastic opportunity to acquire this sun filled vacant three-unit property that been completely renovated from top to bottom. Unique ability to collect market value rents on all units from day one. House has new electric, plumbing, flooring, and HVAC. Each unit is comprised of 3 Bedrooms and 2 full baths. Sleek eat-in kitchens with stainless steel appliances, shaker cabinets, and quartz

  Justin Kiliszek EXP REALTY, LLC

  

  145 Ridgewood Ave, Newark, NJ 07108
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  /43

  $869,000

  • 3,198 Sq Ft

  623-625 Sanford Ave, Newark, NJ 07106

  Turnkey 3-family Newark home with strong rental potential! The first floor is currently vacant, and the basement has an extra 2 rooms and a full bath, offering flexibility to move in immediately, providing steady cash flow. Features include a finished basement, separate utilities for each unit, and a durable, lowmaintenance exterior. Ideally located near shopping, dining, schools, parks, and

  Armando Pina LIFESTYLE INTERNATIONAL REALTY

  

  623-625 Sanford Ave, Newark, NJ 07106
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  /31

  $639,000

  • 7 Beds
  • 2 Baths
  • 2,736 Sq Ft

  359 S 20th St Unit 361, Newark, NJ 07103

  Welcome home to this large and beautifully renovated home. Features new kitchens, quartz countertops, laundry room, separate entraces to each unit and so much more!

  Kamran Mirza BLVD REALTY GROUP

  

  359 S 20th St Unit 361, Newark, NJ 07103
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  /35

  $749,900

  • 8 Beds
  • 5 Baths

  190 S 11th St, Newark, NJ 07107

  Welcome to 190 S 11th St, Newark! This spacious 2-Family home with a finished ground level and bonus living space is perfect for investors or owner-occupants seeking rental income. Featuring a total of 8 bedrooms and 5 bathrooms, this property offers generous living space along with hardwood floors, central air, separate utilities, and a 1-car garage. Conveniently located near NYC transportation,

  Felix Rosario RE/MAX PROFESSIONALS I

  

  190 S 11th St, Newark, NJ 07107
• 

  

  /13

  $719,000

  • 7 Beds
  • 3 Baths

  20-22 Noll Place, Newark, NJ 07106

  3 FAM ON A QUIET STREET NEAR SOUTH ORANGE BORDER, EXCELLENT CONDITION, ALL SEPARATE UTILITIES, GREAT FOR FIRST TIME BUYERS OR IDEAL FOR INVESTORS! WON'T LAST!

  CESAR GONZALEZ RE/MAX PROFESSIONALS I

  

  20-22 Noll Place, Newark, NJ 07106
• 

  

  /9

  $499,000

  67-69 Parkview Terrace, Newark, NJ 07112

  Great Investment opportunity!! This three-story, 3-family home in the heart of Newark comes with plenty of its original character and charm. Sitting on a corner lot, on a quiet, tree-lined street, this 5 bedroom/3 bathroom colonial home offers an incredible opportunity for owner-occupants or investors looking to maximize their real estate portfolio and build equity. The first-floor unit offers a

  THEODORA PARKER STOKELY KELLER WILLIAMS ELITE REALTORS

  

  67-69 Parkview Terrace, Newark, NJ 07112
• 

  

  /23

  $725,000

  • 9 Beds
  • 3 Baths

  48-50 Cedar Ave, Newark, NJ 07106

  Presenting a rare three-family home in the heart of Newark's Lower Vailsburg, an evolving neighborhood. This versatile property spans three unique units, complete with a detached garage and drive access. Whether you're an investor seeking rental income or a homeowner looking for rental income, this gem offers endless opportunity. Positioned in a lively, walkable community,

  Hernan Castro The Real Estate Company

  

  48-50 Cedar Ave, Newark, NJ 07106
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  /28

  $750,000

  • 7 Beds
  • 3 Baths

  146 Sherman Ave, Newark, NJ 07114

  Experience the perfect blend of modern upgrades and strong rental potential at 146 Sherman Ave, a fully renovated mixed-use gem in the heart of Newark. This four-unit property features a street-level retail space and three spacious residential units, all thoughtfully updated with contemporary finishes, newer mechanical systems, and stylish details throughout. Tenants enjoy central air, updated

  Grisela Flores FLOROSTONE REALTY INC.

  

  146 Sherman Ave, Newark, NJ 07114
• 

  

  /23

  $725,000

  • 9 Beds
  • 3 Baths

  48 Cedar Ave Unit 50, Newark, NJ 07106

  Presenting a rare three-family home in the heart of Newark's Lower Vailsburg, an evolving neighborhood. This versatile property spans three unique units, complete with a detached garage and drive access. Whether you're an investor seeking rental income or a homeowner looking for rental income, this gem offers endless opportunity. Positioned in a lively, walkable community

  HERNAN CASTRO THE REAL ESTATE COMPANY

  

  48 Cedar Ave Unit 50, Newark, NJ 07106
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  /26

  $699,999

  • 10 Beds
  • 3 Baths

  464 Avon Ave, Newark, NJ 07108

  Spacious and Income Generating in Newark's Brick City! This large 5,100 sq ft three-family home at 464 Avon Ave, recently renovated with separate utilities, can generate approximately $8,000/month. Unit one features three bedrooms, an eat-in kitchen, and a living room; unit two offers four bedrooms with an eat-in kitchen and living room; and unit three has three bedrooms with an open-concept

  Juaquanna Gaines ESSENTIAL REAL ESTATE

  

  464 Avon Ave, Newark, NJ 07108
• 

  

  /27

  $599,999

  • 4 Beds
  • 3 Baths

  23 Foundry St, Newark, NJ 07105

  Your multi family investment search ends here, right in Ironbound, Newark! Welcome to 23 Foundry St, Newark, NJ 07105 " A Prime Opportunity in the Heart of Ironbound!This legal 2-family home is perfectly located right off Ferry Street in one of Newark's most desirable neighborhoods, Ironbound, Newark. Whether you're an investor seeking rental income or a homeowner looking to live in one unit

  Marlon Tatis Keller Williams Village Square Realty

  

  23 Foundry St, Newark, NJ 07105
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  /27

  $599,999

  • 4 Beds
  • 3 Baths
  • 1,885 Sq Ft

  23 Foundry St Unit 2, Newark, NJ 07105

  Your multi family investment search ends here, right in Ironbound, Newark! Welcome to 23 Foundry St, Newark, NJ 07105 " A Prime Opportunity in the Heart of Ironbound!This legal 2-family home is perfectly located right off Ferry Street in one of Newark's most desirable neighborhoods, Ironbound, Newark. Whether you're an investor seeking rental income or a homeowner looking to live in one unit

  MARLON TATIS KELLER WILLIAMS VILLAGE SQUARE

  

  23 Foundry St Unit 2, Newark, NJ 07105
• 

  

  /8

  $500,000

  • 4 Beds
  • 3 Baths

  168 Christie St Unit 2, Newark, NJ 07105

  Great 2 Family Property opportunity in the IRONBOUND SECTION. Close to Major Highways (Turnpike, 1&9 ), Close to the Park, schools and Shopping. Easy to commute to NYC. 2 spacious Beds,1Bath, Kitchen & living room in each floor All Utilities are separated, Finished Basement with bathroom. 2nd Floor under renovations. Property Sold STRICTLY "AS IS", NO concessions neither credit back to buyers.

  CLAUDIA FABRINI RE/MAX SELECT

  

  168 Christie St Unit 2, Newark, NJ 07105
• 

  

  /37

  $749,900

  • 7 Beds
  • 5 Baths

  22 Wakeman Ave, Newark, NJ 07104

  Welcome to this newer construction two-family home built in 2005, perfectly located in North Newark. Each spacious unit offers three bedrooms and two full bathrooms, featuring hardwood floors throughout, generous living space, and three walk-in closets including two in the main bedroom. A bonus ground-level suite with its own full bath adds even more versatility, ideal for extended living or

  Julian Velasquez RE/MAX PROFESSIONALS I

  

  22 Wakeman Ave, Newark, NJ 07104
• 

  

  /10

  $499,000

  • 5 Beds
  • 3 Baths

  67 Parkview Terrace Unit 69, Newark, NJ 07112

  Great Investment opportunity!! This three-story, 3-family home in the heart of Newark comes with plenty of its original character and charm. Sitting on a corner lot, on a quiet, tree-lined street, this 5 bedroom/3 bathroom colonial home offers an incredible opportunity for owner-occupants or investors looking to maximize their real estate portfolio and build equity. The first-floor unit offers a

  THEODORA PARKER-STOKELY KELLER WILLIAMS ELITE REALTORS

  

  67 Parkview Terrace Unit 69, Newark, NJ 07112

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Why Live in Newark

Newark's cultural scene thrives at the New Jersey Performing Arts Center, which hosts Broadway-caliber shows, while the Prudential Center brings NHL action with the New Jersey Devils and major concert events. The Newark Museum of Art showcases diverse collections including Tibetan art within the historic Ballantine House. Branch Brook Park contains the largest collection of cherry blossom trees in the United States, creating spectacular spring displays. The Cathedral Basilica of the Sacred Heart stands as an architectural marvel, while the revitalized Riverfront Park provides scenic walks along the Passaic River. The dining scene features standout restaurants like Fornos of Spain serving traditional Spanish cuisine and Adega Grill offering Portuguese seafood specialties.

The housing market presents diverse options across neighborhoods. The median sale price in Newark is $415,600. Single-family homes in Forest Hill command a median price of $575,000, while similar homes in the Ironbound area have a median price of $416,000. Downtown Newark single-family homes reach a median of $834,400. Condominiums provide more affordable options, with one-bedroom units at a median price of $239,000 and two-bedroom units at $337,500.

The cost of living in Newark runs 13.9% above the national average. A family with school-age children needs approximately $120,000 annually to live comfortably, while renters should aim for $73,000. Property taxes in Essex County stand at 2.02%, slightly higher than nearby Jersey City at 1.85%. Transportation options include NJ Transit trains, PATH service to Manhattan, and Newark Light Rail. The city houses prestigious institutions including Rutgers University-Newark and New Jersey Institute of Technology. Science Park High School stands out among public schools with an A rating, while private institutions like St. Benedict's Preparatory School serve multiple neighborhoods with A-rated education.

Learn more about living in Newark

Home Trends in Newark, NJ

On average, homes in Newark, NJ sell after 54 days on the market compared to the national average of 52 days. The median sale price for homes in Newark, NJ over the last 12 months is $415,780, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$415,780

Median Single Family Sale Price

$449,000

Median Townhouse Sale Price

$405,000

Median 2 Bedroom Sale Price

$349,000

Median 1 Bedroom Sale Price

$249,950

Average Price Per Sq Ft

$283

Number of Homes for Sale

150

Last 12 months Home Sales

610

Months of Supply

3.00

Median List Price

$415,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

8%