$618,000

50 Halstead St, Newark City, NJ 07106

  • 8 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Welcome to Upper Vailsburg where you'll find a fantastic investment opportunity in a thriving Newark neighborhood! This spacious 3-family home was updated in 2012 and is move-in ready, making it ideal for both investors and owner-occupants looking to generate rental income. On the first level, you'll find a bright unit featuring 3 bedrooms, 1 bathroom, and an open living/dining area, perfect for comfortable living. The second level mirrors this layout with 3 bedrooms, 1 bathroom, a living room, and a dining room, offering ample space and flexibility. The third level has a cozy setup with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen, giving it a warm, homey feel. The property also includes an unfinished basement with utilities and mechanicals, providing storage or future finishing potential. A privacy fence surrounds the home, adding extra security and outdoor space for tenants to enjoy. Conveniently located near the VA Medical Center and major transportation, this property is positioned in a high-demand rental area. Whether you're expanding your portfolio or searching for a home with income-producing potential, this 3-family residence offers both immediate value and long-term upside.

Listing Status:
Active
Date Added:
September 6, 2025 at 12:00AM
Listing Office:
KELLER WILLIAMS REALTY : 908-233-8502
MLS ID:
3984278
  • Basement: Unfinished
  • A/C: Window A/C(s)
  • Heating: 3 UnitsGas-Natural

This listing courtesy of KELLER WILLIAMS REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alexander Street Elementary School

, Newark, NJ, 07106

Grades 1-8

0.42 miles away

A

Alexander Street Elementary School

, Newark, NJ, 07106

Grades 1-8

0.42 miles away

W

West Side High School

403 S Orange Ave, Newark, NJ, 07103

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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