$674,900
PENDING

50 Unity Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated payment $4,042/month

Total Views 4,087
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Separate Outdoor Workshop
  • Privacy Fence
  • Level Lot

About This Home

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 comfortable living room and eat-in kitchen, ideal for added rental income. Additional highlights include parking for 4"5 cars and separate utilities for all units. Conveniently located near schools, parks, shopping, and public transportation, this property is perfect for investors or owner-occupants looking for a move in ready multi-family home in a prime Newark location.

Listing Agent

Grisela Flores

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 11/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,784

Year Built

  • Built in 1925

Lot Details

  • 41 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • West Side High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units

Additional Features

  • Basement Fills Entire Space Under The House
  • Separate Outdoor Workshop

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-04077-0000-00055-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,784

Year Built

Built in 1925

Lot Details

41 Sq Ft Lot

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Clinton Ave and Orange Ave to Unity Ave
  • I D: 5397338
  • Section Subdiv Development: Vailsburg
  • Attribution Contact: 908-445-5339
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Privacy Fence, Sidewalk, Workshop
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Additional 1/2 Car Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • High School: WEST SIDE

Lot Info

  • Lot Size: 41.8X107.5
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6784
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04077-0000-00055-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $6,651 $178,400 $22,300 $156,100
2024 $6,651 $178,400 $22,300 $156,100
2022 $6,665 $178,400 $22,300 $156,100
2021 $6,661 $178,400 $22,300 $156,100
2020 $6,779 $178,400 $22,300 $156,100
2019 $6,710 $178,400 $22,300 $156,100
2018 $6,588 $178,400 $22,300 $156,100
2017 $6,351 $178,400 $22,300 $156,100
2016 $6,137 $178,400 $22,300 $156,100
2015 $5,903 $178,400 $22,300 $156,100
2014 $5,532 $178,400 $22,300 $156,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2026 01/19/26 Pending -- -- --
11/17/2025 11/17/25 For Sale $674,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $380,000 --
Sheriffs Deed $136,000 --
Deed $61,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $373,117 FHA
Previous Owner $196,400 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 3998235

Garden State MLS

APN: 14-04077-0000-00055

New Jersey Essex County Newark 07106 Lower Vailsburg

50 Unity Ave, Newark, NJ

Pending

MultiFamily

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Grisela Flores
Listing Agent
Grisela Flores
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FLOROSTONE REALTY INC.
(201) 508-9275
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