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    50 Palm St, Newark, NJ 07106

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    For Sale
    $540,000

    Multi-Family, 2-Two Story - Newark City, NJ

    Lot size:
    0.06 Acres
    Added:
    Mar 15, 2026
    Days on Market:
    56
    Last Refresh:
    May 9 at 3:06 pm

    Property Features for 50 Palm St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen
    Patio and Porch features
    Porch
    Interior features
    Carbon Monoxide Detector, Smoke Detector
    Exterior features
    Metal Fence, Open Porch(es)
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Standard status
    Active
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    12452

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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    Listing Contact
    NICOLE PALMERI

    Listing agent NICOLE PALMERI

    Listing office RE/MAX SELECT 137 ELMER STREET, Morristown, NJ

    Listing date Mar 15, 2026

    MLS# 4014606 Listing URL

    Copyright © 2026 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.

    HighLights

    • Two‑family home ideal for owner‑occupants or investors seeking rental income.
    • Convenient location with easy access to major highways (I‑78, Garden State Parkway), public transportation, shopping, restaurants, parks, and universities, simplifying commutes to NYC.
    • Each unit features 2 spacious bedrooms and 1 full bathroom with updated interiors and ample natural light.
    • Modern, energy‑efficient climate control with a Nest thermostat.
    • Kitchens equipped with stainless steel appliances.
    • Located in the desirable Lower Vailsburg section of Newark.

    Overview

    Located in the Lower Vailsburg section of Newark, New Jersey, 50 Palm Street is a well-maintained two-family home. Each unit includes 2 bedrooms and 1 full bathroom. The interiors are updated, featuring spacious closets with organizers and living spaces filled with natural light. The kitchens are equipped with stainless steel appliances, and a Nest thermostat provides energy-efficient climate control. The layout offers functional living areas and well-sized bedrooms. The property is conveniently located close to major highways, public transportation, shopping, restaurants, parks, and universities, with easy access to I-78 and the Garden State Parkway, facilitating commutes to NYC and surrounding areas. This property presents an opportunity for owner-occupants or investors seeking rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.23101
    Latitude
    40.74818

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home in a convenient Newark location.
    Where is this duplex located?
    The property is located at 50 Palm St Newark, NJ.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Two‑family home ideal for owner‑occupants or investors seeking rental income.; Convenient location with easy access to major highways (I‑78, Garden State Parkway), public transportation, shopping, restaurants, parks, and universities, simplifying commutes to NYC.; Each unit features **2 spacious bedrooms and 1 full bathroom with updated interiors and ample natural light.**
    More about this property
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