The median home value in Newark, NJ is $355,000.
This is
lower than
the county median home value of $450,000.
The national median home value is $308,980.
The average price of homes sold in Newark, NJ is $355,000.
Approximately 21% of Newark homes are owned,
compared to 67% rented, while
12% are vacant.
Newark real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Newark real estate agent to arrange a tour today! Learn more about Newark.
INVESTORS!! CONTRACTORS!! BUILDERS!!******2024 Appraisal came back at 3.250M!! Price stays the same!!On a beautiful block just 2 min away from Branch Brook Park, and nearby 5 star rated schools, sits this Estate, Original stately home built with stone and rare rocks in 1910. It's approx. 9000 sqft on a double lot 59X105. In this Estate you will find 20 licensed SRO Units on three floors.On site parking for 10-12 cars. Gas fired heat and hot water system 2 yrs old. Electricity - PSE&GGas - PSE&G. Zoned as C-1 Neighborhood Commercial (see pic with description).Building will be delivered VACANT!!Must see in person!
Introducing a promising mixed-use gem in Newark's redevelopment zone! This corner property boasts 1500 sq. ft. of commercial space on the ground floor, ideal for entrepreneurial ventures. Upstairs, discover a charming two-bedroom, one-bathroom apartment awaiting your personal touch. With a prime location, this property offers immense potential for investment and growth. While some updates and work are needed, envision the possibilities of transforming this space into a thriving business and comfortable living quarters. Don't miss this opportunity to make your mark in Newark's evolving real estate landscape. Act now and unlock the hidden potential of this mixed-use gem! Being sold as is, all cash only. No contingencies.
Outstanding investment opportunity in the heart of Newark, NJ. This multi-functional 2,381 square-foot property, located at 282 Chancellor Ave, is for sale and it's an asset you don't want to miss.Featuring a unique blend of two commercial units and one residential rental unit, this property is ideal for both seasoned investors and new entrants looking to make a mark in the commercial real estate market. The commercial spaces are versatile, catering to an array of business needs - from retail outlets to professional offices or service businesses.In addition, the property includes residential rental unit, with potential to split into 2 units. Perfect for attracting long-term tenants or offering a unique live-work arrangement.