This home is located at 38 Palm St, Newark, NJ 07106 and is currently priced at $821,500. 38 Palm St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.
Last Agent to Sell the Property
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 908-289-7746
Last Buyer's Agent
SHELDON ALFRED
LUXE LISTINGS
Home Type
Est. Annual Taxes
Lot Details
$880,000
This mixed-use property features a fully rented commercial space on the 1st floor, generating $2,570/month with a 10-year lease and a 3% annual increase, ensuring long-term income stability. The spacious 4-bedroom, 1-bath apartment on the 2nd floor is currently vacant and listed for $2,700/month, offering immediate rental potential at market value. The 3rd-floor 3-bedroom, 1-bath unit is rented
Albertina Goncalves RE/MAX IN ACTION
$625,000
Recently Renovated "Two Family Home" 1st Floor Vacant "Move in Condition" Located near Vailsburg Park, Garden State Parkway & University Heights-Features Hardwood Floors, Central Heat & much more-Low Property Taxes
Joaquim Ferreira CORNERSTONE REALTY ASSOCIATES
$760,000
Exceptional Three-Family Home in Prime Newark Location! This property presents a fantastic blend of investment potential and comfortable living. Generating a strong monthly gross income of close to $6,000,(possible to deliver vacant). the home features 10 spacious bedrooms and 3 full bathrooms across three units (3 bedrooms on the first and third floors, 4 bedrooms on the second). A Six-car
JACK QIZHAN YAO REALMART REALTY
$647,500
Welcome to this beautifully renovated 4-bedroom, 2-bathroom multi-family home in the heart of Newark, NJ. Whether you are seeking an investment opportunity or a spacious home with rental income potential, this property offers combination of modern updates and classic charm.
LASANDA SHEPPY WEICHERT REALTORS
$649,999
Discover the perfect investment or multi-generational home in West Ward! This renovated 2-family gem features two units, each with three spacious bedrooms, a bonus room, a living room, and dining space. The gourmet kitchens shine with Samsung appliances, granite countertops, and ample cabinetry. A sunroom on the second floor adds charm, while the finished basement offers a full bath and extra
Irving Cham Coldwell Banker, Metuchen
$649,999
Discover the perfect investment opportunity or multi-generational living space in this spacious and recently renovated 2-family home, ideally located in the heart of West Ward! Designed for both style and functionality, each unit boasts three spacious bedrooms plus a bonus room perfect for a home office or creative space, sunroom, living room, and dining space. The gourmet kitchens feature sleek
NAKIA THOMAS COLDWELL BANKER REALTY
$799,900
Recently Renovated "Three Family Home" Vacant " Move in Condition Located near Vailsburg Park, Garden State Parkway & Newark Downtown "Large Home" Rear Yard & Two car Gargar[
Joaquim Ferreira CORNERSTONE REALTY ASSOCIATES
$699,000
Welcome to 17-19 Chelsea Ave located at very desirable neighborhood of Newark! Newly renovated 3 family home beautifully redone with many upgrades and a finished basement.. Perfect for a first time homebuyer or Investor! First and second floor offering three bedrooms, one full bath, living room and upgraded kitchen. While third floor has two bedrooms, one full bath, living room and an equipped
EYAL LEVY KELLER WILLIAMS PARK VIEWS
$639,000
One of the best homes on the street! Move-right in. Home was updated in 2020. First floor is vacant 3 beds 1 bath. second floor has month to month tenant, 3rd flr and 2nd flr are combined, unit offers 4 beds and 2 baths. Basement has offers lots of space for storage or for a new owner to finish as they would like. Backyard has a great open space to park cars or use for personal enjoyment. It's
HERNAN CASTRO THE REAL ESTATE COMPANY
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $821,500 | Stewart Title Guaranty Company | |
| Deed | -- | American Land Title | |
| Deed | $175,000 | None Listed On Document | |
| Sheriffs Deed | $125,000 | None Listed On Document |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $799,256 | FHA | |
| Previous Owner | $199,035 | FHA |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | For Rent | $2,800 | 0.0% | -- |
| 02/03/2025 02/03/25 | Sold | $821,500 | -0.9% | -- |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 09/16/2024 09/16/24 | For Sale | $829,000 | +373.7% | -- |
| 01/18/2024 01/18/24 | Sold | $175,000 | -12.1% | -- |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $199,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,048 | $28,100 | $17,500 | $10,600 |
| 2022 | $1,050 | $28,100 | $17,500 | $10,600 |
| 2021 | $1,049 | $28,100 | $17,500 | $10,600 |
| 2020 | $1,068 | $28,100 | $17,500 | $10,600 |
| 2019 | $1,057 | $28,100 | $17,500 | $10,600 |
| 2018 | $1,038 | $28,100 | $17,500 | $10,600 |
| 2017 | $0 | $28,100 | $17,500 | $10,600 |
| 2016 | $0 | $28,100 | $17,500 | $10,600 |
| 2015 | -- | $28,100 | $17,500 | $10,600 |
| 2014 | -- | $28,100 | $17,500 | $10,600 |
Source: Garden State MLS
MLS Number: 3924195
APN: 14-04199-0000-00095
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