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About This Home

This 4-bedroom, 2-bathroom residential multi family at 50 Palm St in Newark City, NJ is listed for $510,000. Built in 1915, on a 0.06 acres lot.

Agent Description

Welcome to 50 Palm Street in Newark, New Jersey, a well-maintained two-family home located in the desirable Lower Vailsburg section. This property offers a great opportunity for owner-occupants or investors looking for rental income in a convenient location.Each unit features 2 spacious bedrooms and 1 full bathroom, with updated interiors, spacious closets with organizers, and comfortable living spaces filled with natural light.

The kitchens include stainless steel appliances, and the home is equipped with a Nest thermostat for modern energy-efficient climate control.The layout provides functional living areas and well-sized bedrooms, making each unit both comfortable and practical.Conveniently located close to major highways, public transportation, shopping, restaurants,

parks, and universities, with easy access to I-78 and the Garden State Parkway, making commuting to NYC and surrounding areas simple.Whether you?re looking to live in one unit and rent the other or add a solid property to your investment portfolio, this home offers great potential.

Key Features

  • Built in 1915
  • 0.06 acre lot

Property Details

2 full
1915

Amenities

Basement

Monthly Cost Estimate

$2,728/mo

20% down · 6.5% · 30 years

Principal$369
Interest$2,210
Insurance$149

Estimates only. Actual payments may vary.

Location

50 Palm St

Newark City, NJ 07106-1118

Lower Valisburg

Features & Amenities

Interior Features

Carbon Monoxide DetectorSmoke Detector

Exterior Features

Metal FenceOpen Porch(es)

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Cooling

Central Air

Appliances

Oven - GasRangeRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 50 Palm St is listed at $510,000. The estimated monthly payment is $2,210 based on 20% down at 6.5% interest.

Key features include: Built in 1915, 0.06 acre lot. Interior Features: Carbon Monoxide Detector, Smoke Detector. Exterior Features: Metal Fence, Open Porch(es).

This property is listed by NICOLE PALMERI and can be reached at 9082339292 or njhomesbynicole@gmail.com.

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NP

NICOLE PALMERI

Agent at RE/MAX SELECT

(908) 233-9292

Listed by RE/MAX SELECT · View on Broker Site

MLS# 4014606· Source: listhub· Updated 26 days ago

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.

50 Palm St, Newark City, NJ 07106-1118

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