Newark, NJ Multifamily Homes & Duplexes for Sale

• 

  

  

  /25

  $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
• 

  

  

  /31

  $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
• 

  

  

  /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
• 

  

  

  /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
• 

  

  

  /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
• 

  

  /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
• 

  

  /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
• 

  /2

  $1,400,000

  • 9 Beds
  • 6 Baths

  136-138 E Kinney St, Newark, NJ 07105

  3 family home located in the heart of Ironbound section, near Penn Station to New York. Close to all major highways.

  

  Augusto Verissimo

  Weichert Home City Realty

  (973) 420-5317

  

  136-138 E Kinney St, Newark, NJ 07105
• 

  

  /20

  $569,000

  • 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
• 

  

  /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
• 

  

  /20

  $729,000

  • 8 Beds
  • 5 Baths

  56 Willoughby St, Newark, NJ 07112

  Welcome to 56 Willoughby Street, a spacious and well-maintained two-family home located in the heart of Newark. This modern property offers a total of 8 bedrooms and 5 full bathrooms across two large units, making it ideal for both investors and extended households. Unit 1 features 5 bedrooms and 3 full baths, while Unit 2 offers 3 bedrooms and 2 full baths each with generous living and dining

  

  TOVIA LICHTMAN

  KELLER WILLIAMS MID-TOWN DIRECT

  (347) 470-6144

  

  56 Willoughby St, Newark, NJ 07112
• 

  

  /20

  $649,000

  • 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) 778-6612

  

  141 Fabyan Place, Newark, NJ 07112
• 

  

  /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
• 

  

  /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
• 

  

  /40

  $747,000

  • 7 Beds
  • 4.5 Baths

  71 Hartford St, Newark, NJ 07103

  Exceptional Multi-Family Opportunity w/Income Potential! Dona€TMt miss this investment/owner occupant opportunity in a spacious & well maintained multi-family home currently configured as a 2-family residence, w/potential to convert the full 1st floor unit into a 3rd income producing unit (buyer due diligence). Each existing unit features 3 BRS, 2 full baths, including ensuite master baths,

  Cheryl Schuck RE/MAX Neighborhood Properties

  

  71 Hartford St, Newark, NJ 07103
• 

  

  /47

  $799,999

  • 8 Beds
  • 3 Baths

  42 Wakeman Ave, Newark, NJ 07104

  Welcome home to this renovated multifamily home in the desirable North Newark area. Great multifamily with open floor concept with stainless steel appliances in each unit. Units 1 and 2 both feature three bedrooms and one full bathroom. The third floor bonus unit offers two bedrooms with a full bathroom. Washer and dryer hookup in Units 1 and 2. Full unfinished walkout basement with tons of

  ARIEL MOREL KELLER WILLIAMS VILLAGE SQUARE

  

  42 Wakeman Ave, Newark, NJ 07104
• 

  

  /19

  $650,000

  • 9 Beds
  • 3 Baths

  256 S 11th St, Newark, NJ 07107

  Welcome to 256 S 11th St in Newark! This spacious 3-family home offers the perfect opportunity to live in one unit while generating rental income from the others. Two of the three units have been recently renovated with modern updates, including refreshed kitchens and bathrooms. Located in a convenient and growing area of Newark, you're just minutes from major highways, public transportation,

  JOHN CASOLARO THE MOUNTAINTOP GROUP LLC

  

  256 S 11th St, Newark, NJ 07107
• 

  /2

  $625,000

  • 6 Beds
  • 3 Baths

  118-120 N 9th St, Newark, NJ 07107

  Spacious Multifamily Property in the Heart of Newark Dona€TMt miss this incredible opportunity to own a large multifamily home situated on an oversized 50 x 130 lot with parking for up to six cars a€” a rare find in the area. This property is perfect for both investors and homeowners, offering tons of potential with the right vision. One unit, currently owner-occupied, will be delivered vacant at

  John Bowe Jr. Weichert Realtors, Tenafly-Cresskill

  

  118-120 N 9th St, Newark, NJ 07107
• 

  /2

  $625,000

  • 6 Beds
  • 3 Baths

  118 N 9th St Unit 120, Newark, NJ 07107

  Spacious Multifamily Property in the Heart of Newark Don't miss this incredible opportunity to own a large multifamily home situated on an oversized 50 x 130 lot with parking for up to six cars a rare find in the area. This property is perfect for both investors and homeowners, offering tons of potential with the right vision. One unit, currently owner-occupied, will be delivered vacant at

  John Bowe Jr. WEICHERT RLTRS TEN-CRESKL

  

  118 N 9th St Unit 120, Newark, NJ 07107
• 

  

  /31

  $675,000

  • 8 Beds
  • 3 Baths

  181-183 Osborne Terrace, Newark, NJ 07112

  Back on the Market! Spacious multi-family property in the heart of Newark. Welcome to this versatile multi-family home, perfect for both investors and owner-occupiers! This property features a driveway with a garage on one side and an oversized lot on the other, providing ample parking. One unit features a layout with three bedrooms and one bathroom, a living room, a kitchen, and a dining room,

  Ligia Theodorou C-21 GEMINI, LLC.

  

  181-183 Osborne Terrace, Newark, NJ 07112
• 

  

  /26

  $949,000

  • 8 Beds
  • 5 Baths

  181 S 11th St, Newark, NJ 07107

  Completely renovated 3-family home in Newark! This turnkey property features three updated units. The 1st floor offers 3 bedrooms, 2 full baths, and a laundry room. The 2nd floor includes 4 bedrooms, 2 full baths, and laundry. The 3rd floor has 1 bedroom and 1 bath. Each unit boasts an open layout, modern kitchens with stainless steel appliances, large bedrooms, and great natural light. All units

  whitney dasilva Essential Real Estate

  

  181 S 11th St, Newark, NJ 07107
• 

  

  /18

  $950,000

  • 10 Beds
  • 5 Baths

  56 Vermont Ave, Newark, NJ 07106

  Don?t miss this incredible opportunity to own a fully detached 4-family home in the desirable Vailsburg section of Newark! This well-maintained property offers four spacious units, each with separate utilities?perfect for investors seeking strong rental income or owner-occupants looking to house-hack. Featuring a private driveway, fenced yard, and great curb appeal, this home sits on a quiet

  Heri Calcano PRESTIGE PROPERTY GROUP MONTCLAIR

  

  56 Vermont Ave, Newark, NJ 07106
• 

  

  /44

  $899,900

  • 6 Beds
  • 4.5 Baths

  62 Hillside Ave, Newark, NJ 07108

  Legal 2-Family Home " New Construction Just Completed in 2025! This stunning 3-level property is a rare find, offering modern living with income potential. Featuring sleek black powder-coated railings and fixtures, all Separate Utilities, Each Unit has own WASH DRYER in unit INCLUDED & hardwood flrs throughout, every detail reflects high-end craftsmanship. The designer kitchens include quartz

  Tina Torres RE/MAX LIFETIME REALTORS

  

  62 Hillside Ave, Newark, NJ 07108
• 

  

  /19

  $850,000

  • 13 Beds
  • 5 Baths

  209 Mount Prospect Ave, Newark, NJ 07104

  Unique Opportunity large 2 family with 13 bedrooms and 5 bathrooms, offering excellent rental income potential. Ideal for investors looking to add value. Property is being sold strictly as-is a€” buyer responsible for all municipal requirements and certifications.Dona€TMt miss this high-density rental opportunity! Feel free to contact the listing agent at 551.399.9946

  Martyna Rembarz Real

  

  209 Mount Prospect Ave, Newark, NJ 07104
• 

  

  /20

  $739,000

  • 9 Beds
  • 5 Baths

  420 Jelliff Ave, Newark, NJ 07112

  Property was recently renovated, beautiful large apartments, great location, perfect for investors or first time buyers, driveway for 5-6 cars, central heat, absolutely nothing to do, maintenance free, wont last.

  CESAR GONZALEZ RE/MAX PROFESSIONALS I

  

  420 Jelliff Ave, Newark, NJ 07112
• 

  

  /7

  $729,000

  • 9 Beds
  • 5 Baths

  251-253 Wainwright St, Newark, NJ 07112

  Property was renovated, beautiful large apartments, great location, perfect for investors or first time buyers, driveway for 5-6 cars, central heat, absolutely nothing to do.

  CESAR GONZALEZ RE/MAX PROFESSIONALS I

  

  251-253 Wainwright St, Newark, NJ 07112
• 

  

  /13

  $439,900

  • 4 Beds
  • 2 Baths

  648 S 11th St, Newark, NJ 07103

  Investor Opportunity " 2-Unit Home with Income Potential!Attention investors and renovators! This 2-family home, located in an urban city setting, offers solid potential for the right buyer. Prime opportunity to build equity and generate rental income. Each unit features 2 bedrooms, a living area, kitchen, and bath, ideal for tenants or live in one unit and rent out the other. With the right

  Christina Calvo GENSTONE II LLC.

  

  648 S 11th St, Newark, NJ 07103
• 

  

  /31

  $600,000

  • 6 Beds
  • 3 Baths

  297 W Runyon St, Newark, NJ 07108

  Welcome to a move-in ready 2-family home that checks every box renovated, income-generating, and loaded with opportunity. The first floor stuns with a full modern renovation, while the bonus 3rd-floor suite offers an additional bedroom, living space, and full bath ideal for extended guests or maximizing rental income. Each unit features spacious layouts, eat-in kitchens, and bright living rooms.

  Daniel Montano SIGNATURE REALTY NJ

  

  297 W Runyon St, Newark, NJ 07108
• 

  

  /31

  $519,000

  • 5 Beds
  • 2.5 Baths

  168 Tuxedo Pkwy, Newark, NJ 07106

  Estate Sale - Well kept 2-Family Home in Desirable Upper Vailsburg – Steps from Maplewood! Discover this well maintained two-family residence located in the sought-after Upper Vailsburg neighborhood, just moments from the vibrant Maplewood community. Perfect for homeowners or investors alike, this spacious property offers exceptional comfort, style, and convenience. Each unit features: • Newer

  Steven Bell BOYNE REALTY

  168 Tuxedo Pkwy, Newark, NJ 07106
• 

  

  /26

  $635,000

  • 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

  

  23 Foundry St, Newark, NJ 07105
• 

  

  /18

  $675,000

  • 11 Beds
  • 3 Baths

  308 Chadwick Ave, Newark, NJ 07112

  Opportunity knocks with this charming 3-family Colonial. Ready for investors, or anyone looking to offset their mortgage with rental income. Conveniently situated just half a mile from public bus transportation, this property combines space, convenience, and potential. Each unit offers a spacious layout: Unit 1 (Level 1): 4 bedrooms, living room, kitchen, and full bathroom Unit 2 (Level 2): 4

  Michael Martinetti KELLER WILLIAMS REALTY

  

  308 Chadwick Ave, Newark, NJ 07112
• 

  /2

  $599,999

  • 7 Beds
  • 3 Baths

  188 N 11th St, Newark, NJ 07107

  Prime Investment Opportunity " Newark, NJ. Discover the perfect blend of value and versatility with this three-family home located in one of Newark's most desirable neighborhoods. Situated in a high-demand rental area with convenient access to major transportation routes, shopping, dining, and local attractions, this property offers strong investment potential and long-term growth. Each unit

  ALNISA TUCKER OPTION 1 REALTY GROUP, LLC

  

  188 N 11th St, Newark, NJ 07107
• 

  

  /16

  $589,000

  • 3 Beds
  • 1.5 Baths

  235 S 7th St, Newark, NJ 07103

  235 S 7TH IS DEEDED TO BE A 2 FAMILY HOME. .IT IS FULLY RENOVATED TO BE A 6 BEDROOM, 3 BATHROOM SINGLE FAMILY HOME. .IT CAN BE CONVERTED INTO TWO 3 BEDROOM APARTMENT UN ITS. THIS WILL PROVIDE A GREAT OPPORTIUNITY FOR THE OWNER TO LIVE IN ONE UNIT AND RENT THE OTHER UNIT SO THE OWNER CAN OFFSET THEIR MONTHLY MORTGAGE PAYMENTS WITH THE RENTAL INCOME.

  William Liederman COLDWELL BANKER REALTY

  

  235 S 7th St, Newark, NJ 07103
• 

  

  /24

  $529,000

  • 7 Beds
  • 2 Baths

  75 S 6th St, Newark, NJ 07107

  Welcome to this nicely renovated 2 family home, with a private entrance to each apartment!!Unit 1 features 3 beds, 1 bath, living room and kitchen, with access to a big private backyard. Unit 2 features 4 bedrooms, 1 bath, living room and kitchen.Both units have hardwood floors throughout. Granite counters, stainless steel appliances. Central AC and much more!The property has been fully renovated

  Mordy Abelesz EXP REALTY, LLC

  

  75 S 6th St, Newark, NJ 07107
• 

  

  /26

  $475,000

  • 6 Beds
  • 3 Baths

  164 Renner Ave, Newark, NJ 07112

  This expansive, two-family residence presents a compelling opportunity. Boasting a total of 6 bedrooms and 3 full bathrooms, the property offers spacious, well-lit interiors across both units. Each unit features a thoughtfully designed layout with functional kitchens and ample living space. Additional highlights include off-street parking, a valuable amenity in this vibrant urban setting. Don't

  WANDA NUILA THE REAL ESTATE COMPANY

  

  164 Renner Ave, Newark, NJ 07112
• 

  

  /27

  $650,000

  • 6 Beds
  • 4 Baths

  74 Smith St, Newark, NJ 07106

  Legal Two Family on a corner lot with finished basement AND attic space!!! Renovated just a few years ago, this massive two-family property is perfect for the first-time homebuyer looking to live in one of the units while collecting rental income or for a savvy investor looking to add another property to their portfolio! 2nd Floor Unit can be rented as a duplex with the attic. Two-car garage in

  BRENDAN DASILVA KELLER WILLIAMS - NJ METRO GROUP

  

  74 Smith St, Newark, NJ 07106
• 

  

  /21

  $679,999

  • 6 Beds
  • 3 Baths

  575 Bergen St, Newark, NJ 07108

  This thoughtfully maintained multi-unit property offers a rare opportunity to live in one unit while generating rental income from the other or operate it as a full rental investment. Ideal for owner-occupants seeking flexibility, income, in Newark's vibrant community. First unit features, 3 sizable bedrooms, one bath with ample closet space. Second unit features 3 bedrooms with 2 baths

  VICTORIA AFIA AGYEMAN COLDWELL BANKER REALTY

  

  575 Bergen St, Newark, NJ 07108
• 

  

  /15

  $560,000

  • 8 Beds
  • 3 Baths
  • 2,682 Sq Ft

  305 S 11th St, Newark, NJ 07103

  Welcome to 305 S 11th Street, Newark! This two-family home offers a practical layout with a total of 8 bedrooms and 3 bathrooms across both units. The first-floor unit features 3 bedrooms and 1 full bath, while the upper unit spans two levels with 5 bedrooms and 2 full baths ideal for larger households or maximizing rental income. A shared driveway provides off-street parking. Conveniently

  ELIJAH HUGHES KELLER WILLIAMS - NJ METRO GROUP

  

  305 S 11th St, Newark, NJ 07103
• 

  

  /18

  $1,089,000 Open Sat 1:30PM - 4PM

  • 9 Beds
  • 6 Baths
  • 3,897 Sq Ft

  138 New York Ave, Newark, NJ 07105

  FULLY RENOVATED 3 FAMILY AT THE IRONBOUND SECTION OF NEWARK! This lovely fully renovated home has many modern features that makes this property unique. All units have their own character featuring Living-Dining room combination, 3 Bedrooms, 2 modern bathrooms, modern kitchen, laundry room with W/D in every unit, Central Air, Push-Air heat, laminated floors throughout. Appliances included. On

  Claudia Forster C-21 SEMIAO & ASSOCIATES

  

  138 New York Ave, Newark, NJ 07105
• 

  

  /32

  $499,000

  • 7 Beds
  • 3 Baths

  18-20 Beverly St, Newark, NJ 07108

  Fantastic 2-Family Investment Opportunity in Prime Newark Location! Discover this two-story multi-family property offering immediate income potential. Unit 1 features 2 bedrooms and 1 bath and is currently tenant-occupied, providing instant cash flow. Unit 2 boasts 3 spacious bedrooms, 2 full baths, a finished attic for extra living space, and is owner-occupied ideal for an owner-investor or easy

  Peter Boutros EXP REALTY, LLC

  

  18-20 Beverly St, Newark, NJ 07108

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 49 days on the market compared to the national average of 70 days. The median sale price for homes in Newark, NJ over the last 12 months is $441,000, up 32% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$441,000

Median Single Family Sale Price

$480,000

Median Townhouse Sale Price

$450,000

Median 2 Bedroom Sale Price

$345,000

Median 1 Bedroom Sale Price

$187,000

Average Price Per Sq Ft

$323

Number of Homes for Sale

15

Last 12 months Home Sales

245

Months of Supply

0.70

Median List Price

$430,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

32%