Newark, NJ Multifamily Homes & Duplexes for Sale

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  /27

  $759,000

  • 7 Beds
  • 3.5 Baths

  60 Vermont Ave, Newark, NJ 07106

  Large 3 Family in Vailsburg - Perfect Turnkey Investment Property or for First Time Homeowners Who Want to Live in One Apartment and Collect Rent. 1st Floor Apartment w/ 3 Bedrooms, New Kitchen (New Stove), New 1.5 Bath Rooms & Living Room; 2nd Floor Apartment w/ 3 Bedrooms, New Kitchen, New Bath, Living Room & Large Front Porch; 3rd Floor Apartment w/ 1 Bedroom, Eat in Kitchen, Living Room &

  

  Augusto Neno

  NENO-ROSA AGENCY

  (201) 389-9282

  

  60 Vermont Ave, Newark, NJ 07106
• Explore Newark

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  /37

  $599,999

  • 8 Beds
  • 3 Baths

  512 S 17th St, Newark, NJ 07103

  Experience the best of both worlds with this newly renovated 2-family home featuring 8 bedrooms and 3 full baths. Each unit offers a classic living and dining room layout, spacious bedrooms, and modern finishes throughout. The property also includes a large backyard, perfect for entertaining or relaxing outdoors. Ideal for owner-occupants or investors, this home lets you live in one unit and rent

  

  Tayllor Cooper

  COOPER MCKELVEY REAL ESTATE CO.

  (201) 808-3956

  

  512 S 17th 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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  /8

  $745,000

  • 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
• 

  

  /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

  $645,000

  • 4 Beds
  • 3 Baths

  155 Lafayette St, Newark, NJ 07105

  

  David Guzman

  EXP Realty, LLC

  (201) 904-4590

  

  155 Lafayette St, Newark, NJ 07105
• 

  

  /28

  $679,000

  • 7 Beds
  • 3 Baths

  150 S 10th St, Newark, NJ 07107

  Welcome to 150 S 10th St, a well-maintained 3-family home offering spacious layouts and strong rental appeal in a convenient Newark location. The first unit has been thoughtfully renovated and features a modern kitchen with updated finishes, freshly painted walls, and new flooring, along with three well-sized bedrooms, an eat-in kitchen, a bright living room, and a full bathroom. The second unit

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 580-5305

  

  150 S 10th St, Newark, NJ 07107
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  /30

  $749,000

  • 8 Beds
  • 4.5 Baths

  537 S 18th St, Newark, NJ 07103

  Welcome to 537 S 18th Street, a spacious and beautifully renovated three-story two-family home in Newark. Updated in 2025, this property offers the perfect blend of size, comfort, and investment potential. The first unit spans two levels with 5 bedrooms and 3 full bathrooms, featuring a primary bedroom, a modern kitchen, and generous living and dining areas. The second unit includes 3 bedrooms

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 308-1108

  

  537 S 18th St, Newark, NJ 07103
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  /48

  $599,900

  • 7 Beds
  • 3 Baths
  • 2,100 Sq Ft

  99 Alexander St, Newark, NJ 07106

  Spacious three-family home offering approximately 2,100 sq ft of living space on a 2,500 sq ft lot. The 1st and 2nd floors each include 3 bedrooms, 1 bath, a kitchen, and a living room ideal for strong rental income potential. The 3rd-floor unit offers 1 bedroom, 1 bath, and a kitchen. Enjoy a generous backyard, perfect for gatherings or relaxation. Conveniently located near schools, shopping,

  

  Lionel Cruz

  NEXTHOME PRIME

  (201) 730-9692

  

  99 Alexander St, Newark, NJ 07106
• 

  

  /23

  $860,000

  • 8 Beds
  • 5 Baths

  221 Clinton Place, Newark, NJ 07108

  Experience the perfect blend of style, comfort, and functionality in this stunning new 2-family home! Each unit offers a spacious open-concept layout featuring 3 bedrooms (including a luxurious master suite), 2 full bathrooms, and a bright, modern kitchen flowing seamlessly into the dining and living areas perfect for entertaining.The fully finished basement expands your living options with 3

  

  David Vanegas

  EXP Realty, LLC

  (201) 231-7475

  

  221 Clinton Place, Newark, NJ 07108
• 

  

  /25

  $860,000

  • 8 Beds
  • 5 Baths

  219-221 Clinton Place, Newark, NJ 07112

  Experience the perfect blend of style, comfort, and functionality in this stunning new 2-family home! Each unit offers a spacious open-concept layout featuring 3 bedrooms (including a luxurious master suite), 2 full bathrooms, and a bright, modern kitchen flowing seamlessly into the dining and living areas perfect for entertaining.The fully finished basement expands your living options with 3

  

  David Vanegas

  EXP REALTY, LLC

  (201) 817-6936

  

  219-221 Clinton Place, Newark, NJ 07112
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  /32

  $569,000

  • 7 Beds
  • 3 Baths

  406 S 15th St, Newark, NJ 07103

  Located at 406 S 15th Street in Newark, this multi-family property spans three stories. The first and second floors each feature a 3-bedroom, 1-bathroom layout, offering spacious living areas, well-sized bedrooms, and functional kitchens. The third floor is a versatile bonus space designed as a studio-style living area with a bathroom, offering privacy and convenience. This property presents an

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 613-5935

  

  406 S 15th St, Newark, NJ 07103
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  /38

  $899,000

  • 8 Beds
  • 5 Baths

  13 Wharton St, Newark, NJ 07114

  Welcome to 13 Wharton Street, a spacious and modern three-family home located in the heart of Newark. Built in 2007 and renovated in 2025, this property offers an excellent opportunity for both investors and owner-occupants. Each unit features a well-designed layout with open living and dining areas, comfortable bedrooms, and contemporary finishes throughout. The second unit showcases a brand-new

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (201) 627-9362

  

  13 Wharton St, Newark, NJ 07114
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  /14

  $739,000

  • 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

  EXP REALTY, LLC

  (201) 431-2169

  

  629 S 18th St, Newark, NJ 07103
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  /12

  $1,200,000

  • 6 Beds
  • 2 Baths

  125-129 Malvern St, Newark, NJ 07105

  Located in the Ironbound Section of Newark, this well-situated double lot (62x104) sits within the MX-1 Low Density Residential/Commercial Zoning District. Minutes from Newark Airport, the property offers excellent short-term rental potential. The owner has preliminary plans for the construction of a five-unit dwelling, pending subdivision approval. Conveniently positioned near parks,

  Jorge Velasquez RE/MAX Professionals 1

  

  125-129 Malvern St, Newark, NJ 07105
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  /47

  $749,900

  • 8 Beds
  • 4 Baths

  216 Peshine Ave, Newark, NJ 07108

  A must-see, Weequahic Section newly renovated two-family home offering two large duplex-style apartments withgenerous living space throughout. Ideally located just minutes from hospitals, colleges, and major transportation, thisproperty is perfect as an investment or for an owner-occupant. Each apartment features brand-new kitchens, updatedbathrooms, new flooring, and modern cooling systems

  Chris Stead RE/MAX PROFESSIONALS I

  

  216 Peshine Ave, Newark, NJ 07108
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  /40

  $679,900

  • 9 Beds
  • 3 Baths

  20 Stuyvesant Ave, Newark, NJ 07106

  Great three-family property with separate utilities, ready to generate rental income. One unit is currentlyvacant, while the other two units are tenant-occupied, providing immediate income. The vacant unitoffers additional rental potential or an opportunity for an owner-occupant. Conveniently located nearparks, restaurants, shopping, public transportation, major highways, and with easy access to

  Chris Stead RE/MAX PROFESSIONALS I

  

  20 Stuyvesant Ave, Newark, NJ 07106
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  /42

  $799,000

  • 8 Beds
  • 5 Baths

  14 Willoughby St, Newark, NJ 07112

  Discover this beautifully renovated two-unit home featuring designer finishes throughout. From the moment you step inside, you?ll be greeted by stunning hardwood floors, elegant detailing, and an abundance of natural light. The main units showcase modern stainless steel appliances, updated kitchens, and thoughtfully designed living spaces that blend comfort with contemporary style.The fully

  YEHUDA PRAVER EREALTY ADVISORS, INC.

  

  14 Willoughby St, Newark, NJ 07112
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  /38

  $549,999 Open Sat 1PM - 4PM

  • 6 Beds
  • 2.5 Baths

  12 Patten Place Unit 14, Newark, NJ 07112

  Discover this spacious and well-maintained 6-bedroom, 3-bathroom 2-family home with a bonus unit, located on a quiet street in the desirable Upper Clinton Hill neighborhood of Newark. Built in 1922, this property offers 4,630 sq ft of living space on a 30x100 lot and features a detached garage with parking for one car plus two additional spaces. Each of the main units offers a functional layout

  KIRK JACK PAREDES PEREZ REALTY ONE GROUP LIFESTYLE HOMES

  

  12 Patten Place Unit 14, Newark, NJ 07112
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  /8

  $630,000

  • 6 Beds
  • 2 Baths

  97 Clinton Place, Newark, NJ 07108

  Well-Maintained Two-Family Duplex. Move-In Ready. Discover this well-maintained two-family duplex offering spacious 5 + 6 room layouts, perfect for investors or owner-occupants seeking rental income. Each unit features its own separate heating system and hot water heater, providing convenience, efficiency, and lower utility costs. Enjoy the benefit of very low taxes, durable aluminum siding, and

  Shana Sanchez PROMINENT PROPERTIES SIR

  

  97 Clinton Place, Newark, NJ 07108
• 

  

  /38

  $549,999

  • 5 Beds
  • 3 Baths

  14 Patten Place, Newark, NJ 07112

  Discover this spacious and well-maintained 6-bedroom, 3-bathroom 2-family home with a bonus unit, located on a quiet street in the desirable Upper Clinton Hill neighborhood of Newark. Built in 1922, this property offers 4,630 sq ft of living space on a 30x100 lot and features a detached garage with parking for one car plus two additional spaces. Each of the main units offers a functional layout

  GEE KAY CHEUNG Realty One Group Lifestyle Homes

  

  14 Patten Place, Newark, NJ 07112
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  /8

  $625,000

  • 4 Beds
  • 2 Baths

  164 Stuyvesant Ave, Newark, NJ 07106

  Welcome to Your Investment Opportunity, Charming Two Family Home Nestled In a Desirable Location, property hardwood floors, with detached garage. Spacious and well appointed living areas provide ample space for comfortable living room & formal dining room with hardwood floors, with two separate units, this property offers the potential for significant rental income. Whether you're an investor

  MARGARETTE ESTIL RE/MAX FIRST REALTY II

  

  164 Stuyvesant Ave, Newark, NJ 07106
• 

  

  /22

  $829,999

  • 10 Beds
  • 3 Baths

  78 Treacy Ave, Newark, NJ 07108

  Exceptional 3-unit property offering strong rental income potential. The 1st floor unit features 4 bedrooms, 1 bathroom, a spacious living room, formal dining room, and an eat-in kitchen. The 2nd floor mirrors the same layout, offering 4 bedrooms, 1 bathroom, living room, dining room, and an eat-in kitchen. The 3rd floor unit includes 1 bedroom, 1 bathroom, a comfortable living room, dining room,

  Sandy Cuevas Weichert Realtors, Jersey City

  

  78 Treacy Ave, Newark, NJ 07108
• 

  

  /26

  $624,999

  • 5 Beds
  • 3 Baths

  26 Vincent St, Newark, NJ 07105

  Beautifully updated multi-family property featuring modern kitchens, renovated baths, and excellent rental appeal. The first-floor unit offers a bright living/dining area, an updated kitchen with white shaker cabinets, granite countertops, and black appliances, along with 2 bedrooms, an updated bath, and luxury vinyl plank flooring. The second-floor unit includes a similar updated kitchen, 2

  Terry Gould COLDWELL BANKER REALTY

  

  26 Vincent St, Newark, NJ 07105
• 

  

  /42

  $634,999

  • 7 Beds
  • 2 Baths

  39 Brookdale Ave, Newark, NJ 07106

  OPPORTUNITY AWAITS! Ideal for both investors and owner-occupants, this expansive two-family home highlights quality modern finishes and amenities throughout. The first floor unit offers 3 bedrooms and 1 full bath and the second floor unit has a 4 bedroom, 1 bath layout. Each apartment includes an inviting, sun-filled living room, modern eat-in kitchen, and washer/dryer hookups for convenient

  Hillel Weinberger NATIONWIDE HOMES REALTY LLC

  

  39 Brookdale Ave, Newark, NJ 07106
• 

  

  /23

  $829,999

  • 10 Beds
  • 3 Baths

  78 Treacy Ave, Newark, NJ 07108

  Exceptional 3-unit property offering strong rental income potential. The 1st floor unit features 4 bedrooms, 1 bathroom, a spacious living room, formal dining room, and an eat-in kitchen. The 2nd floor mirrors the same layout, offering 4 bedrooms, 1 bathroom, living room, dining room, and an eat-in kitchen. The 3rd floor unit includes 1 bedroom, 1 bathroom, a comfortable living room, dining room,

  Sandy Cuevas WEICHERT REALTORS

  

  78 Treacy Ave, Newark, NJ 07108
• 

  

  /29

  $455,000 Open Sat 1PM - 3PM

  • 4 Beds
  • 2 Baths
  • 1,672 Sq Ft

  28 11th Ave, East Orange, NJ 07018

  Fantastic Multi-Family Duplex Opportunity! Perfect for investors, end users, or savvy house-hackers, this spacious duplex offers high ceilings, generous room sizes, and an abundance of natural light throughout. The first-floor unit features a large one-bedroom layout with a nice-sized living room and a great walk-in pantry just off the kitchen a rare and highly functional touch. Upstairs, the

  CHRISTINE CEDERQUIST REALTY ONE GROUP LIFESTYLE HOMES

  

  28 11th Ave, East Orange, NJ 07018
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  /38

  $719,000

  • 9 Beds
  • 6 Baths

  676 S 20th St, Newark, NJ 07103

  Experience the perfect balance of modern elegance and everyday comfort in this beautifully renovated multi-family residence.Each apartment features three spacious bedrooms, two full bathrooms, a convenient in-unit laundry room, and a serene primary suite designed for privacy and relaxation.The open-concept living area seamlessly blends contemporary design with functional living, filling the space

  William Barraza KELLER WILLIAMS - NJ METRO GROUP

  

  676 S 20th St, Newark, NJ 07103
• 

  

  /41

  $849,000

  • 7 Beds
  • 3 Baths
  • 3,312 Sq Ft

  149 Union St, Newark, NJ 07105

  This solid brick 3-family property is located in the heart of Newark's Ironbound, offering an exceptional opportunity in one of the city's most vibrant and sought-after neighborhoods. Each of the three units features two spacious bedrooms, one full bathroom, and bright living areas with large room sizes that provide comfortable living and strong rental appeal. The building's brick construction

  MORGAN COUTO NENO-ROSA AGENCY

  

  149 Union St, Newark, NJ 07105
• 

  

  /17

  $650,000

  • 4 Beds
  • 2 Baths

  504 N 7th St Unit 506, Newark, NJ 07107

  Welcome to 506 N 7th St in the heart of Newark a versatile 2-family home offering excellent investment potential , The first floor is occupied by a long-term, reliable tenant, providing immediate rental income. The vacant second floor features beautiful hardwood floors, spacious rooms, 2 bedrooms, and exclusive access to a full walk-up attic, perfect for storage or future expansion

  Nicholas Verdi KELLER WILLIAMS CITY VIEWS REALTY

  

  504 N 7th St Unit 506, Newark, NJ 07107
• 

  

  /3

  $550,000

  • 5 Beds
  • 4 Baths

  24 Taylor St, Newark, NJ 07104

  TWO FAMILY WITH BONUS ATTIC AND WALK OUT BASEMENT! This is it. Unit 1 2/3 bedrooms, living room, 2 bathrooms with walkout basement. Located in Newarks North Ward. Great income potential. Unit 2 Owner Occupied, 2 bedrooms, porch, stairway to back yard, walk up attic and 3 bathrooms. Quiet backyard for summer night entertaining. Come turn this house into a home before someone else does!

  BRENDAN DASILVA KELLER WILLIAMS - NJ METRO GROUP

  

  24 Taylor St, Newark, NJ 07104
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  /35

  $578,900

  • 5 Beds
  • 3 Baths

  502 S 20th St, Newark, NJ 07103

  This fully vacant 2-family home is an excellent opportunity for an owner-occupant looking to live comfortably while collecting additional income. Located on a quiet residential block in Newark, the property offers private parking for up to 4 cars, a rare convenience in the area. The second unit features a spacious 2-story layout with 3 bedrooms and 2 full bathrooms, highlighted by a private

  Matthew Meisels New and Modern Group

  

  502 S 20th St, Newark, NJ 07103
• 

  

  /36

  $578,900

  • 5 Beds
  • 3 Baths

  500 S 20th St Unit 502, Newark, NJ 07103

  This fully vacant 2-family home is an excellent opportunity for an owner-occupant looking to live comfortably while collecting additional income. Located on a quiet residential block in Newark, the property offers private parking for up to 4 cars, a rare convenience in the area. The second unit features a spacious 2-story layout with 3 bedrooms and 2 full bathrooms, highlighted by a private

  Matthew Meisels NEW AND MODERN GROUP

  

  500 S 20th St Unit 502, Newark, NJ 07103
• 

  /2

  $669,999

  • 6 Beds
  • 4 Baths

  286 Bergen St Unit 288, Newark, NJ 07103

  This is a well kept move-in condition two family side-by-side duplex with each unit boasting of 3 bedrooms and 1.5 bathrooms. Enter from the main entrance to a living room , a half bath off the walk way as you make your way to the eat-in kitchen . The second floor has three bedrooms and a full bath. There is a share driveway( easement) that goes beside the property that other owners on the lane

  EMMANUEL BAAKO-BOAFO WEICHERT REALTORS

  

  286 Bergen St Unit 288, Newark, NJ 07103
• 

  

  /8

  $579,000

  • 6 Beds
  • 3 Baths

  789 S 17th St, Newark, NJ 07103

  Located in Newark's rapidly appreciating West Side Neighborhood and one of the strongest equity-growth areas in both the city and count. This property boasts fully updated features with high-end finishes, new siding, modern appliances, and upgraded mechanicals for long-term efficiency and reliability. Just minutes from the Garden State Parkway, the property provides excellent regional

  Dawn Masenya Vylla Home

  

  789 S 17th St, Newark, NJ 07103
• 

  

  /41

  $674,900

  • 5 Beds
  • 3 Baths

  50 Unity Ave, Newark, NJ 07106

  Wow!! Don't miss this fantastic opportunity to own a spacious 3-family home in the sought-after Vailsburg section of Newark. Fully remodeled in 2019, the property features large 2-bedroom units on the 1st and 2nd floors, each with a living room, formal dining room, and eat-in kitchen, with the potential to be used as 3-bedroom units. The 3rd floor offers a well-maintained 1-bedroom unit with a

  Grisela Flores FLOROSTONE REALTY INC.

  

  50 Unity Ave, Newark, NJ 07106
• 

  

  /12

  $730,000

  • 9 Beds
  • 3 Baths

  130 Isabella Ave Unit 132, Newark, NJ 07106

  Great investment opportunity in a 3 family house with all three floors occupied but house can be delivered vacant to an owner occupying buyer. First and second floors are 4 bedrooms with a 1 bedroom on the third floor. Full, unfinished basement, own driveway with access to back of the house. All separate utilities.

  INGRID CASSIDY COLDWELL BANKER REALTY

  

  130 Isabella Ave Unit 132, Newark, NJ 07106
• 

  

  /13

  $730,000

  • 9 Beds
  • 5 Baths

  130-132 Isabella Ave, Newark, NJ 07106

  Great investment opportunity in a 3-family house with all three floors occupied but house can be delivered vacant to an owner occupying buyer. First and second floors are 4 bedrooms with 2 bathrooms and a 1 bedroom with 1 bathroom on the third floor. Full, unfinished basement, own driveway with access to back of the house. All separate utilities.

  Ingrid Cassidy Coldwell Banker, Hoboken

  

  130-132 Isabella Ave, Newark, NJ 07106
• 

  

  /3

  $399,999

  • 5 Beds
  • 2 Baths

  195 Lehigh Ave, Newark, NJ 07112

  Property features a spacious 2-bedroom, 1-bath first-floor unit and a multi-level second unit offering 2 bedrooms and 1 bath on the main level, plus a third bedroom on the top floor The property includes a full basement, driveway and a small backyard. New boiler and water tank. Highest and best due Monday 11/24 by 4 pm.

  MAYA R. ELLIOTT COLDWELL BANKER REALTY

  

  195 Lehigh Ave, Newark, NJ 07112
• 

  

  /15

  $599,900

  • 4 Beds
  • 2 Baths
  • 2,200 Sq Ft

  183 Ellery Ave, Newark, NJ 07106

  Introducing a prime investment opportunity in the highly desirable Ivy Hill section of Newark, New Jersey! This meticulously maintained two-family home is truly move-in ready and ideal for both owner-occupants and investors seeking strong rental potential. Each of the recently renovated two-bedroom units showcases modern style and thoughtful functionality. Enjoy spacious living rooms, tasteful

  Nicholas Verdi KELLER WILLIAMS CITY VIEWS REALTY

  

  183 Ellery Ave, Newark, NJ 07106

Showing Results 1 - 40, Page 1 of 7

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 53 days on the market compared to the national average of 53 days. The median sale price for homes in Newark, NJ over the last 12 months is $410,000, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$410,000

Median Single Family Sale Price

$437,000

Median Townhouse Sale Price

$403,000

Median 2 Bedroom Sale Price

$348,250

Median 1 Bedroom Sale Price

$201,000

Average Price Per Sq Ft

$279

Number of Homes for Sale

126

Last 12 months Home Sales

621

Months of Supply

2.40

Median List Price

$410,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

3%