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Downtown Newark Multifamily Homes & Duplexes for Sale

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  • /40

    $988,818

    • 9 Beds
    • 4 Baths

    8 Elm St, Newark, NJ 07102

    Location is everything, and this property delivers unparalleled convenience and lifestyle benefits. Situated in the heart of Newark, it's within walking distance of the Prudential Center and Newark Penn Station, connecting you effortlessly to New York City and beyond. Just an 8-minute drive to Newark Liberty International Airport and with easy access to I-78, the Garden State Parkway, and the New

    YOANN URIBE ESTATES PRIME REALTY

    8 Elm St, Newark, NJ 07102
  • /12

    $629,900

    • 5 Beds
    • 4.5 Baths

    81 Columbia St, Newark, NJ 07102

    Situated in downtown Newark, only a few blocks away from City Hall, Newark Penn Station and Prudential Center. 3 unit property ready for a buyer with ideas. Each apartment offers 2 bedrooms, 1 bathroom, living room and kitchen area. Property fully rented.

    Candido Couto EXIT REALTY LUCKY ASSOCIATES

    81 Columbia St, Newark, NJ 07102
  • /22

    $899,000

    • 8 Beds
    • 4 Baths

    5 Elm St, Newark, NJ 07102

    Rare Opportunity to own a fully BRICK 4 family home!!! HOT location on the border of Downtown Newark and the Ironbound section!Each floor of the 4 floors, features a spacious 2 bedroom, 1 bath, kitchen/Livingroom per floor. Plus an unfinished basement with a newer gas boiler for the hot, and 4 hot water tanks. Separate electric and cooking gas. All 4 apartments have been renovated within the past

    Mordy Abelesz EXP Realty, LLC

    5 Elm St, Newark, NJ 07102

Why Live in Downtown Newark

Downtown Newark, set against the Passaic River, is a dynamic neighborhood experiencing significant transformation. Known for its urban lifestyle, it houses Prudential Financial’s headquarters, federal agencies, and key cultural venues. The area boasts a variety of dining options, including the popular Fernandes Steakhouse and the iconic Tops Diner. Whole Foods Market and boutique shops along Broad and Market streets cater to residents' shopping needs. Nearby Ironbound offers a rich Portuguese culinary scene and hosts the annual Portuguese Day festival. Downtown Newark provides more space compared to New York City, with housing styles ranging from condominiums to single-family homes in Colonial Revival, Cape Cod, and modern contemporary designs. The neighborhood has seen a reduction in crime rates due to increased patrols and community initiatives, making it safer than the national average. Cultural and artistic venues such as Military Park, The Newark Museum of Art, and the New Jersey Performing Arts Center contribute to the lively atmosphere. Sports fans can catch New Jersey Devils games at the Prudential Center. Commuting is convenient with major highways like Interstate 287 and Garden State Parkway, numerous bus stops, and a train station, making it a popular choice for those working in New York City. The area offers a range of schools, including several charter schools, though public options like Oliver Street School and Central High School have moderate ratings.

Home Trends in Downtown Newark, NJ

Housing Trends

Median Single Family Sale Price
$299,900
Average Price Per Sq Ft
$146
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$299,900
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