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    50 Unity Ave Newark, NJ 07106

    For Sale
    $674,900

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

    Lot size:
    0.10 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 50 Unity Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    3
    Parking
    4
    Interior features
    Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
    Exterior features
    Privacy Fence, See Remarks, Sidewalk, Workshop
    Fencing
    Fenced, Privacy
    Basement Y/N
    1
    Lot size
    0.10 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1925
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    See Remarks, Workshop

    Grisela Flores (908) 445-5339 [email protected]

    Listing agent GRISELA FLORES (908) 445-5339

    Listing date Nov 19, 2025

    MLS# 3998235 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

    Remodeled Multi-Family Home in Newark

    This is a three-story multi-family home located in the Vailsburg section of Newark City, New Jersey. The property was fully remodeled in 2019. The first and second floors each contain a large two-bedroom unit, including a living room, formal dining room, and eat-in kitchen. These units have the potential to be used as three-bedroom units. The third floor features a well-maintained one-bedroom unit with a living room and eat-in kitchen. The property includes parking space for four to five cars. Each unit has separate utilities. The property is located near schools, parks, shopping, and public transportation. It is located in Newark City, in Essex County, with postal code 07106-2695. The lot size is 0.1 acres. The zoning is residential. This property is suitable for investors or owner-occupants.
    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
    -74.22989
    Latitude
    40.73718

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    FAQs

    What type of property is this?
    Triplex - Spacious, remodeled 3-family home in prime Newark location.
    Where is this triplex located?
    The property is located at 50 Unity Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: - Fully remodeled in 2019.; - Spacious 3-family home with large units (2-bedroom units on the 1st and 2nd floors, 1-bedroom unit on the 3rd floor).; - Separate utilities for all units.
    (908) 445-5339
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    50 Unity Ave 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 Unity Ave Newark, NJ 07106
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