$749,999
23 Edwin Place, Newark, NJ 07112
Turnkey two-family in the heart of Newark completely renovated from top to bottom and ready to perform from day one. Both units have been fully updated with modern finishes throughout, offering bright, comfortable living spaces that today's tenants demand. As a bonus, the property features an additional recreation room ideal for extra living space, a home office, or flex use. Situated in a prime
Carlie Carreira
EXP REALTY, LLC
$770,000
108 Vassar Ave Unit 110, Newark, NJ 07112
Cynthia Barrett-Bismuth
ALEXANDER ANDERSON REAL ESTATE GROUP
$470,000
447 S 17th St, Newark, NJ 07103
Well-maintained two-family home offering strong income potential and functional living space. Perfect opportunity for investors looking to add to their portfolio or buyers looking to live in one unit while generating rental income from the other. Both units include laundry hookups, adding tenant convenience and rental appeal. Unit 2 was lightly updated in 2025. Conveniently located near major
Mitchel Lafortune
Essential Real Estate
$519,000
184 W Runyon St, Newark, NJ 07108
Welcome to 184 W Runyon St, a fantastic 2-family opportunity offering spacious layouts and strong multi-family appeal in Newark. The first unit features two bedrooms and one full bathroom, while the second unit offers three bedrooms and one full bathroom, creating a total of five bedrooms and two full bathrooms across the property. Both units showcase bright Living/Dining Room combinations,
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
$750,000
78 Beverly St, Newark, NJ 07108
Carlos Alex Jesus
GOLDEN REALTY GROUP LLC
$539,000
790 S 14th St, Newark, NJ 07108
Welcome to 790 S 14th St, a well-kept renovated 2-family home offering clean interiors, spacious layouts, and excellent rental potential in a convenient Newark location. Each unit features three well-sized bedrooms, an eat-in kitchen, a comfortable living room, and a full bathroom, providing functional floorplans and bright everyday spaces. With its low-maintenance exterior and practical layout,
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
$770,000
108-110 Vassar Ave, Newark, NJ 07112
Won't Last Long! Legal 3-Family in Newark's desirable Weequahic section. Turnkey investment or owner-occupant opportunity delivered fully vacant. Conveniently located near Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, schools, Newark Airport, and NYC routes. Rare opportunity to own a fully vacant 3-family. Back on Market previous buyer was unable to proceed
Cynthia Barrett-Bismuth
Alexander Anderson Real Estate Group
$999,000
93 Davenport Ave, Newark, NJ 07107
100% Occupied 4-Unit Brick Asset 8.20% CAP $94,339 NOI Exceptional investment opportunity in the Upper Roseville section of Newark. This fully occupied, turnkey 4-unit brick multifamily building is a high-yield performer, generating a Net Operating Income (NOI) of $94,339 with a strong 8.20% CAP rate.The property features (4) spacious 3-bedroom, 1-bathroom units, all currently occupied, providing
Garima Verma
LIVX
$625,000
268 Walnut St, Newark, NJ 07105
Welcome to 268 Walnut St, Newark - Ironbound - 2 Family - 1st Floor w/ 1 Large Bedroom, Living Rm, Eat in Kitchen & Newer Bath Room. 2nd Floor w/3 Bedrooms, Living Rm, Eat in Kitchen & Full Bath. Unfinished Basement w/ Laundry Area and Storage Area. New Roof ( ). Separate Hot Water, Gas & Electric. Owner Pays Heat (Gas). Fenced in property. Short Walk Distance to Independence Park, Shopping &
Augusto Neno
NENO-ROSA AGENCY
$929,000
349-351 Osborne Terrace, Newark, NJ 07112
Turnkey 3-Family Investment in Newarkâ€TMs Coveted Weequahic Section! Discover 349 Osborne Terrace, a beautifully updated 3-family home offering nearly 6,000 sq. ft. of living space on an oversized 50×138 lotideal for investors or an owner-occupant seeking strong rental income. Fully renovated in 2019, each unit boasts sun-filled living areas, generously sized bedrooms, modern eat-in
Zohar Zamir
Keller Williams Village Square Realty
$929,000
349 Osborne Terrace Unit 351, Newark, NJ 07112
Turnkey 3-Family Investment in Newark?s Coveted Weequahic Section!Discover 349 Osborne Terrace, a beautifully updated 3-family home offering nearly 6,000 sq. ft. of living space on an oversized 50×138 lotideal for investors or an owner-occupant seeking strong rental income. Fully renovated in 2019, each unit boasts sun-filled living areas, generously sized bedrooms, modern eat-in kitchens, and
Zohar Zamir
KELLER WILLIAMS VILLAGE SQUARE
$590,000
15 Highland Ave, Newark, NJ 07104
15 Highland Ave is a well-maintained/renovated two-family home located in the desirable Seventh Avenue section of Newark, offering a total of 6 bedrooms and 2 bathrooms across approximately 1,944 sq ft of living space. Built in 1897, this property features spacious layouts, bright living areas, and functional kitchens, providing strong rental potential for both owner-occupants and investors. The
Jazmine Clausen-Soir
BHGRE ELITE
$589,000
411 S 15th St, Newark, NJ 07103
Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants.The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. With rental income
Hipolito Touron
Keller Williams Village Square Realty
$729,000
282 Renner Ave Unit 3, Newark, NJ 07112
Johnny Rojas
CENTURY 21 JR GOLD TEAM REALTY
$599,999
48 Salem St Unit 50, Newark, NJ 07106
Tayllor Cooper
COOPER MCKELVEY REAL ESTATE CO.
$475,000
84 Union St, Newark, NJ 07105
Just in Time for the WORLD CUP! Right in the heart of Ironbound - 15 min from METlife, where everything you want is already happening.Step inside this End unit and it just feels easy. Sunlight pours through sliding doors, opening up to not one, but two private balconies where you can enjoy that morning brew with a view. The main level flows the way it should living, dining, kitchen all connected,
Gisel Lainez-Jimenez
EXP Realty, LLC
$599,000
290 Bergen St, Newark, NJ 07103
2 Family - Side-By-Side Duplex Built in 1996 - Both Sides Have 3 Bedrooms, 1.5 Baths, Large Living Room, Eat in Kitchen & Laundry. Owner Pays Heat, Tenants Pay Hot Water & Electric. Parking in Rear for 2 Cars. Conveniently Located Across from Bard High School and Short Walk to Springfield Ave for Stores and Bus Transportation.
Augusto Neno
Neno-Rosa Agency
$599,000
290 Bergen St Unit 2, Newark, NJ 07103
2 Family - Side-By-Side Duplex Built in 1996 - Both Sides Have 3 Bedrooms, 1.5 Baths, Large Living Room, Eat in Kitchen & Laundry. Owner Pays Heat. Tenants Pay Hot Water & Electric. Parking in Rear for 2 Cars. Conveniently Located Across from Bard High School and Short Walk to Springfield Ave for Stores and Bus Transportation.
Augusto Neno
NENO-ROSA AGENCY
$749,999
613 20th St, Irvington, NJ 07111
Fully rented 2 family home with finished ground floor. 1st floor offers 3 bedrooms and 2 bathrooms, 2nd floor 3 bedrooms and 2 bathrooms, Bonus Ground floor finished with a full bathroom.plenty of parking space
Nereyda Martinez
RE/MAX LIFETIME REALTORS
$895,000
58 Vermont Ave, Newark, NJ 07106
Welcome to 58 Vermont Ave in Newark! - 2 Family - New Construction - Vailsburg Section of Newark - Beautiful Modern Home Includes 2 Apartments Featuring Large Master Bedroom Suite w/Walk in Closet & Full Bath, 2 Additional Bedrooms, Dining Room, Modern Kitchen w/Granite Countertops and Stainless Steel Appliances (Stove, Dishwasher, Refrigerator and Microwave) and Living Room. Finished Basement
Augusto Neno
NENO-ROSA AGENCY
$889,000
522 S 19th St, Newark, NJ 07103
Brand-New 2-Family Home! This newly constructed 2-family home offers modern design, quality craftsmanship, and excellent investment potential. The ground level features garage parking for one car along with approximately 1,220 sq ft of finished space, complete with a half bathroom and separate entrance?ideal for flexible use such as a recreation area, home office, or additional living space. Each
Patrick Dwyer
EXIT REALTY LUCKY ASSOCIATES
$690,000
43-45 Brookdale Ave, Newark, NJ 07106
Well-maintained 2-family home offering a total of 5 bedrooms and 3 full bathrooms, perfect for owner-occupants and investors.Features include a 2-car garage, an exclusive driveway for additional parking, and a backyard with an above-ground pool, ideal for relaxing and entertaining. Conveniently located in a great location close to shopping, transportation, schools, and everyday amenities.A
David Ledesma HOMESMART FIRST ADVANTAGE
$700,000
126 Scofield St, Newark City, NJ 07106
Welcome to 124-126 Schofield Street, a spacious and well-maintained multifamily property located in Newark's desirable 07106 neighborhood. Offering over 4,300 square feet of living space, this impressive property presents an outstanding opportunity for both investors and owner-occupants alike. Each unit provides generous living areas, functional layouts, and ample natural light, creating
BRENDAN DASILVA KELLER WILLIAMS - NJ METRO GROUP
$685,000
100-102 Lyons Ave, Newark, NJ 07112
Investor Opportunity 2-family Home, Newark Income-producing 2-family property offering strong upside for investors or Owner-occupants seeking rental potential. This oversized home features 8 total bedrooms and 3 full bathrooms, with flexible living arrangements across multiple finished levels. The finished basement adds usable bonus space, while the attic includes 2 additional bedrooms,
Paulo (Paul) Quintela Align Right Realty Homekeys
$750,000
461 S 14th St, Newark, NJ 07103
Newer 2-family home built in 2005, features a total of 8 bedrooms and 5 bathrooms, each with separate utilities for added convenience. This property is close to schools, parks, shopping, and public transportation. Whether you're an investor seeking a great income-producing property or a buyer looking for a multi-family home to live in, this is a must-see. Ground & First floor are VACANT!!!
Tajudeen Ajadi LARA REALTY CORP
$479,000
861 S 19th St, Newark, NJ 07108
Roel DeVilla United Global Properties
$889,000
350 New St, Newark, NJ 07103
Legal 3 family house with 3bdrms, 2bths each unit. Spacious layout with finished basement, backyard, and driveway. This property is centrally located in one of the most ideal locations of Newark, near Rutgers University, minutes from Newark Penn Station and so much more.
ROSANGELY NEGRON THE ARENDEL GROUP LLC
$599,000
288 Pomona Ave, Newark, NJ 07112
Welcome to this bright spacious 3-family home tucked away in the Weequahic Section, perfectly situated on a quiet dead-end street near upcoming Lionsgate studios, with 5 bedrooms, potential for 7 BEDS, 3 baths, EIK with pantries, hardwood floors, unit 2 had enclosed porch & den. Unit 1 has a bonus room, This property is ideal for an owner occupant landlord. Enjoy easy access to schools,
TRACY CHERRY-ARNOLD EXIT PLATINUM REALTY
$569,000
61 Victoria Ave, Newark, NJ 07104
Well-maintained 3-family brick property located in the desirable North Newark section, just moments from Branch Brook Park. Unit 1 and 3 features 2 bedrooms and 1 full bath, offering strong rental potential and consistent layout appeal. Unit 2 is a one bed one bath. Conveniently situated near downtown Newark, major shopping, universities, NYC transportation, and public transit options. Ample
Bridget Papino THE THOMPSON REALTY GROUP
$625,000
647 S 19th St, Newark, NJ 07103
This legal two-family home features 8 bedrooms and 3 full baths on a quiet Newark street. The first and second floors each feature three bedrooms, an eat-in kitchen, and a living room. The third floor provides two bedrooms, a kitchen, and a living area. Move-in ready Close to shops, schools, parks, and public transportation. Minutes from major highways and Seton Hall University. Just 20 minutes
Moshe Wigder BHGRE ELITE
$599,900
416 S 15th St, Newark, NJ 07103
Huge 2 family house with bonus finished attic and semi-finished basement that it can be easily finished for extra income. 1St & 2nd Floor has 3 beds, 1 full bath, kitchen & living room. Attic has 1 bed, 1 full bath and kitchen. Hot water tanks from 2023, 2 HVACs from 2023. Possible rental income of $5,800 per month without the basement.
WILSON MERCHAN MERCHAN TEAM REALTY LLC.
$750,000
926 Bergen St, Newark, NJ 07112
Newer 2-family home built in 2005, features a total of 6 bedrooms and 4 bathrooms, each with separate utilities for added convenience. This property is close to schools, parks, shopping, and public transportation. Whether you're an investor seeking a great income-producing property or a buyer looking for a multi-family home to live in, this is a must-see.
Tajudeen Ajadi LARA REALTY CORP
$875,000
71 N 14th St, Newark, NJ 07107
Brand-new 2-family home under construction. 3750 square feet of luxurious living space. Ground level: built-in 2-car garage, large rec room, half bath. Second level: 6 rooms, 3 bedrooms, 2 full baths. Third level: 6 rooms, 3 bedrooms, 2 full baths. Oak hardwood flooring throughout with ceramic tile in kitchens and baths. Two zones of central air conditioning and forced hot air. Property is
Shawn Rosa ROSA AGENCY
$850,000
535 Mount Prospect Ave Unit 537, Newark, NJ 07104
DO NOT DISTURB OCCUPANTS -SOLD OCCUPIED- Property is being sold as-is and occupied; interior access is not available. Buyer responsible for all due diligence. Drive-by only do not disturb occupants. Property sold as-is, Purchaser responsible for CO
Yosef Beane KEYPOINT REALTY LLC
$890,000
34 Parkhurst St, Newark, NJ 07114
Brand new two family construction built by one of the most reputable builders in town. This impressive corner property offers a total of 6 bedrooms, 4 full bathrooms, and 1 half bathroom, featuring a spacious ground level, a one car garage, and an additional driveway parking space. Designed with a distinctive architectural style and high quality craftsmanship, this home stands out from the
OSCAR NUNEZ-PAZ KELLER WILLIAMS CITY VIEWS REALTY
$549,900
544 S 11th St, Newark, NJ 07103
Rare Fully Vacant Newark 2-Family. Turnkey & Cash-Flow Ready. Two updated 2-bedroom units withhardwood floors, separate utilities, forced hot air, and central air. Full basement plus spacious backyard.Suitable for investors, owner-occupants, and house hackers. Minutes to I-280, Route 21, DowntownNewark, Penn Station, NJIT, Rutgers, and NYC commuter lines. Vacant on delivery, position the
ALAIN BEADE RE/MAX PROFESSIONALS I
$875,000
32 Doctor Martin Luther King Junior Blvd, Newark, NJ 07104
Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a
LUIZ BENTO XENTRY PROPERTY GROUP LLC
$850,000
604 S 19th St, Newark, NJ 07103
Welcome to this stunning new construction two-family home located in the South area of Newark. This modern property offers an excellent opportunity for both homeowners and investors alike. The ground level features a spacious rec room and half-bath; while the upper levels include two beautiful designed apartments, each offering 3 bedrooms and 2 full bathrooms. Each unit is thoughtfully laid out
Esther Guerra DIAS & ASSOCIATES REALTY
$800,000
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
$650,000
852 S 13th St Unit 854, Newark, NJ 07108
Large 3 story Legal SINGLE family,, separate entrances , possible conversion to a multi, with finished attic , 2 car detached garage . Being sold in "as is condition. Needs some TLC .
JULIE FUSELLI INVESTORS REALTY INC
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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.
The median home sale price in Newark, NJ is $415,000, consistent with the median home sale price year-over-year. Homes in Newark sell in 49 days on average, compared to the national average of 57 days.
|
Median Sale Price
$415,000
|
Median Single Family Sale Price
$450,000
|
|
Median Townhouse Sale Price
$405,000
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Median 2 Bedroom Sale Price
$350,000
|
|
Median 1 Bedroom Sale Price
$250,000
|
Average Price Per Sq Ft
$285
|
|
Number of Homes for Sale
164
|
Last 12 months Home Sales
614
|
|
Months of Supply
3.20
|
Median List Price
$415,500
|
|
Median Change From 1st List Price
0%
|
Median Home Sale Price YoY Change
0%
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In Newark, buyers often prioritize affordability, space, and access to public transit or job centers in North Jersey and NYC.
In Newark, there are currently 333 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $2,700 to $1,250,000, there's a range to accomodate every budget. As of July, 2026 the median home price in Newark is $415,500, while the average sale price is $428,103, offering insights into the local housing market. On average, multi-family homes spend 49 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Newark, NJ.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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