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$540,000
Est. payment /mo
4 Beds
2 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $270
Subdivision Lower Valisburg
MLS Listing ID 4014606
Style 2-Two Story
Bedrooms 4
Full Baths 2
Year Built 1915
Annual Tax Amount $12,452
Tax Year 2025
Lot Size 2,613 Sqft
Property 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
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, Smoke Detector
Heating Gas-Natural
Cooling Central Air, Multi-Zone Cooling
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Schools
Elementary Schools Lincoln
Middle Schools Lincoln
High Schools West Side
Others
Senior Community No
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Listed by RE/MAX SELECT
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