50 Halstead St Newark, NJ 07106
Upper Vailsburg NeighborhoodEstimated payment $3,788/month
About This Home
Welcome to Upper Vailsburg where you'll find a fantastic investment opportunity in a thriving Newark neighborhood! This spacious 3-family home was updated in 2012 and is move-in ready, making it ideal for both investors and owner-occupants looking to generate rental income. On the first level, you'll find a bright unit featuring 3 bedrooms, 1 bathroom, and an open living/dining area, perfect for comfortable living. The second level mirrors this layout with 3 bedrooms, 1 bathroom, a living room, and a dining room, offering ample space and flexibility. The third level has a cozy setup with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen, giving it a warm, homey feel. The property also includes an unfinished basement with utilities and mechanicals, providing storage or future finishing potential. A privacy fence surrounds the home, adding extra security and outdoor space for tenants to enjoy. Conveniently located near the VA Medical Center and major transportation, this property is positioned in a high-demand rental area. Whether you're expanding your portfolio or searching for a home with income-producing potential, this 3-family residence offers both immediate value and long-term upside.
Listing Agent
KELLER WILLIAMS REALTY Brokerage Phone: 908-967-1889 Listed on: 09/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,370
Year Built
- Built in 1910
Lot Details
- 3,049 Sq Ft Lot
- Privacy Fence
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Utilities
- Window Unit Cooling System
- Multiple Heating Units
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1614-04204-0000-00015-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $6,244 | $167,500 | $16,800 | $150,700 |
| 2024 | $6,244 | $167,500 | $16,800 | $150,700 |
| 2022 | $6,258 | $167,500 | $16,800 | $150,700 |
| 2021 | $6,254 | $167,500 | $16,800 | $150,700 |
| 2020 | $6,365 | $167,500 | $16,800 | $150,700 |
| 2019 | $6,300 | $167,500 | $16,800 | $150,700 |
| 2018 | $6,186 | $167,500 | $16,800 | $150,700 |
| 2017 | $5,963 | $167,500 | $16,800 | $150,700 |
| 2016 | $5,762 | $167,500 | $16,800 | $150,700 |
| 2015 | $5,543 | $167,500 | $16,800 | $150,700 |
| 2014 | $5,194 | $167,500 | $16,800 | $150,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/22/2025 09/22/25 | Pending | -- | -- | -- | |
| 09/06/2025 09/06/25 | For Sale | $618,000 | +140.5% | -- | |
| 11/13/2015 11/13/15 | Sold | $257,000 | -- | -- | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $257,500 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Bargain Sale Deed | $80,000 | None Available | |
| Sheriffs Deed | -- | Land Title Svcs Of Nj Inc | |
| Deed | $319,000 | -- | |
| Deed | $119,780 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,200 | New Conventional |
Source: Garden State MLS
MLS Number: 3984278
APN: 14-04204-0000-00015
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