50 Unity Ave Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated payment $4,168/month
Highlights
- Wood Flooring
- Privacy Fence
- Level Lot
- Separate Outdoor Workshop
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
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
- Asphalt Shingled Roof
- Vinyl Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
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-
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 | $6,785 | $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 |
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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $380,000 | -- | |
| Sheriffs Deed | $136,000 | -- | |
| Deed | $61,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $373,117 | FHA | |
| Previous Owner | $196,400 | New Conventional |
Source: Garden State MLS
MLS Number: 3998235
APN: 14-04077-0000-00055
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Ask me questions while you tour the home.