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    50 Halstead St Newark, NJ 07106

    Pending
    For Sale
    $618,000

    3-Three Story, Multi-Family - Newark City, NJ

    Lot size:
    0.07 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 50 Halstead St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    8
    Bathrooms
    3
    Exterior features
    Privacy Fence
    Fencing
    Fenced, Privacy
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.07 Acres

    Building Details

    Year built
    1910
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Keller Williams Realty Premier Properties of Westfield (908) 233-8502 [email protected]

    Listing agent MICHAEL MARTINETTI (908) 233-8502

    Listing date Sep 22, 2025

    MLS# 3984278 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multi-Family Newark Investment

    Located in the Upper Vailsburg neighborhood of Newark City, this multi-family property presents an investment opportunity. The updated three-story home, renovated in 2012, is suitable for investors and owner-occupants seeking rental income. The first and second levels each feature a unit with 3 bedrooms, 1 bathroom, and an open living/dining area. The third level offers a unit with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. The property includes an unfinished basement housing utilities and mechanicals, providing storage space or potential for future finishing. A privacy fence encloses the property, offering security and outdoor space. Situated near the VA Medical Center and major transportation routes, the residence is located in a high-demand rental area. The lot size is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.22851
    Latitude
    40.74812

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    FAQs

    What type of property is this?
    Triplex - Spacious, updated 3-family home in Newark, ideal for investors.
    Where is this triplex located?
    The property is located at 50 Halstead St Newark, NJ.
    What is the asking price?
    The asking price for this property is $618,000.
    What are key features of this property?
    This property features: - Income-producing 3-family home in a high-demand rental area.; - Move-in ready condition with updates completed in 2012.; - Convenient location near the VA Medical Center and major transportation.
    (908) 233-8502
    Request Owner's contact information
    50 Halstead St Newark, NJ 07106
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    Newark, NJ 07106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Halstead St Newark, NJ 07106
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