# 50 Palm St, Newark City, NJ 07106-1118

> **TL;DR:** 4bd/2ba residential multi family, $510,000, built 1915.
> Basement. Est. $2,210/mo. Listed 26 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $510,000 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Year Built | 1915 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 26 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,210 |
| **Total** | **$2,210** |

## Nearby Schools

- **Elementary:** LINCOLN
- **Middle:** LINCOLN
- **High:** WEST SIDE

## Key Amenities

- Basement

## Property Highlights

- Built in 1915
- 0.06 acre lot

## Description

### 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.

## Location

- **Address:** 50 Palm St, Newark City, NJ 07106-1118
- **County:** Essex
- **Neighborhood:** Lower Valisburg
- **Coordinates:** 40.74818, -74.23101
- **Google Maps:** https://www.google.com/maps?q=40.74818,-74.23101

## Listing Agent

- **Name:** NICOLE PALMERI
- **Brokerage:** RE/MAX SELECT
- **Phone:** 9082339292
- **Email:** njhomesbynicole@gmail.com

## Primary Photo

![50 Palm St - Primary Photo](http://lh.rdcpix.com/b80be9377ceabc88a6ff2febb0651cbfl-f1291577416r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/50-palm-st-newark-city-nj-07106-1118-4014606)*

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**MLS#:** 4014606 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/50-palm-st-newark-city-nj-07106-1118-4014606)

---

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