Newark City Homes under $600,000

Welcome to Newark City, New Jersey—a vibrant urban hub nestled in the heart of Essex County. Known for its rich history, diverse culture, and dynamic community, Newark is a city that offers a unique blend of modern living and historic charm. With its strategic location just a short train ride away from New York City, Newark attracts residents seeking both the excitement of city life and the comfort of suburban amenities.

Newark is home to a variety of neighborhoods, each with its own character and appeal. From the bustling streets of Ironbound, renowned for its Portuguese and Brazilian cuisine, to the serene parks and cultural institutions in the North Ward, there’s a place for everyone in this thriving city. The revitalization of downtown Newark has brought an influx of trendy shops, restaurants, and entertainment venues, making it an exciting place to live, work, and play.

For homebuyers looking for affordability without sacrificing quality, Newark offers an impressive selection of homes priced under $600,000. Whether you’re seeking a cozy single-family home, a charming townhouse, or a modern condo with stunning city views, you’ll find a diverse array of options to suit your lifestyle and budget. With the city's ongoing development and investment in infrastructure, now is the perfect time to explore the real estate opportunities in Newark.

Discover the charm and potential of Newark City—where a vibrant community meets affordable living. Your dream home awaits!

Newest Newark City Homes under $600,000

$420,000

6 Beds ⋅ 2 Baths ⋅ 4058117 MLS

Welcome to 157 Milford Avenue, a two-family property generating $3,800 in monthly rental income, totaling $45,600 annually! Each unit features 3 bedrooms, 1 full bathroom, a living room, dining room, and kitchen. The first-floor unit was fully renovated in 2026 and is currently rented for $2,300/month under a one-year lease. The second-floor unit is rented for $1,500/month on a month-to-month basis, offering additional renovation and value-add potential. The unfinished basement includes plumbing hookups for a potential bathroom. The property also features a backyard with room for improvements and is situated on a dead-end street with street parking available. Property needs renovations and is being sold strictly AS IS. An excellent opportunity for investors looking to generate immediate rental income while building long-term equity through property improvements!

157 Milford Ave, Newark City

$555,000

9 Beds ⋅ 3 Baths ⋅ 4058040 MLS

Excellent opportunity for investors seeking a fully occupied, income-producing three-family property located in the Central Ward. Each of the three residential units features 3 bedrooms and 1 full bathroom, offering a total of 9 bedrooms and 3 bathrooms. The property is fully occupied, providing rental income from day one. The owner pays heat, while tenants are responsible for their own gas and electric expenses. Conveniently located near major highways, this property offers accessibility for residents and commuters alike. An attractive opportunity for experienced investors looking to expand their rental portfolio or buyers seeking a multifamily investment with established occupancy and ongoing income potential.

109 S 12Th St, Newark City

$499,000

7 Beds ⋅ 4 Baths ⋅ 4058012 MLS

Welcome to 27 Richelieu Terrace! This beautifully renovated home offers 7 spacious bedrooms and 4 bathrooms, featuring a modern open-concept living room and kitchen, perfect for entertaining and comfortable everyday living. The finished basement provides additional versatile living space. Conveniently located approximately 40 minutes from Manhattan, with easy access to Newark Liberty International Airport, major highways, shopping, dining, and public transportation. Whether you're looking for a spacious primary residence or an investment opportunity, this property offers incredible flexibility and income potential. Explore opportunities for room rentals or short-term rentals such as Airbnb, subject to local regulations and approvals. Move-in ready and ideally located, this is an opportunity you don't want to miss. Schedule your private showing today!

27 Richelieu Ter, Newark City

$590,000

4 Beds ⋅ 3.1 Baths ⋅ 4057885 MLS

Bring your creative vision to this spacious 2 family unit ideal for investors looking to generate rental income or owner occupants. Unit #1 offers 3 levels of living space that includes a full finished basement with it's own separate entrance, 3 spacious bdrms, 3.5 baths, and a bonus room that can used as an office or guest room, located on the 3rd floor. This home boast of charming bay windows, beautifully arched doorways, and high ceilings that enhances the natural sunlight and original architectural designs of this Victorian style home. Unit #2 is a one level that includes a spacious 1bdrm, 1bath with an eat in kitchen. This corner lot makes way for easy access to major highways and mass transit for a seamless commute to neighboring cities.

2 Howell Pl, Newark City

$276,000

2 Beds ⋅ 1 Baths ⋅ 4057796 MLS

Welcome to this turnkey 2bedroom, 1bathroom condo in the Forest Hill Terrace condominium community, ideally situated directly across from Newark's spectacular Branch Brook Park. Located on the first floor, this bright and inviting home features an open-concept living and dining area, beautiful hardwood floors, large windows, a newer kitchen, an updated bathroom, and two comfortable bedrooms privately positioned toward the rear. A reasonable monthly HOA fee makes this an attractive opportunity for both owner-occupants and investors.The location is the true highlight. Branch Brook Park offers approximately 360 acres of scenic green space, walking and biking paths, lakes, recreation, community events, and the nation's largest collection of cherry blossom trees. Residents can enjoy one of Essex County's most treasured destinations just steps from home.Forest Hill is one of Newark's quieter residential communities, known for its tree-lined streets and historic architecture. The Branch Brook Park Light Rail station is approximately 0.3 mile away and provides service to Newark Penn Station, where commuters can connect to PATH and NJ Transit trains for easy access to New York City. NJ Transit bus routes 27 and 99 also stop at Heller Parkway and Forest Hill Parkway, just steps from the property.Move right into this well-located condo and enjoy updated interiors, convenient first-floor living, park-front surroundings, and excellent access to transportation.

63 Forest Hill Pkwy, Newark City

$485,000

3 Beds ⋅ 2 Baths ⋅ 4057719 MLS

Welcome to 70 Columbia Avenue in Newark! This beautifully fully renovated 3-bedroom, 2-full-bath home offers modern updates, comfort, and convenience. Step inside to discover a refreshed interior featuring a stylish kitchen equipped with brand-new stainless steel appliances, including a dishwasher. Enjoy the comfort of central air conditioning, along with a fully finished basement that provides additional versatile space for entertaining, recreation, or everyday living. Washer and dryer ready. Ideally situated near a local park, this move-in-ready home combines modern living with a convenient location. Schedule your private showing today and see all this home has to offer!

70 Columbia Ave, Newark City

$400,000

4 Beds ⋅ 1.1 Baths ⋅ 4057096 MLS

281 Smith St, Newark City

$499,900

8 Beds ⋅ 2 Baths ⋅ 4057554 MLS

INVESTMENT OPPORTUNITY! 126 S 7th St is a two-family property offering two spacious 4-bedroom, 2-bath units, making this an attractive opportunity for investors seeking a multi-family rental property. The property's two-unit configuration provides flexibility for an investor, owner-occupant, or buyer looking to build a residential investment portfolio. The generous 4-bedroom layouts offer potential for strong tenant appeal, while the property presents an opportunity to renovate, modernize, and add value. Ideal for investors seeking a value-add property, rental income opportunity, or long-term real estate investment. Conveniently located near transportation, shopping, schools, and major roadways. Property is being sold AS-IS. Buyer is responsible for conducting their own due diligence regarding property condition, zoning, permits, rental requirements, and potential uses.

126 S 7Th St, Newark City

$599,999

6 Beds ⋅ 4 Baths ⋅ 4057450 MLS

Welcome to this spacious 2-family home in Newark offering a great opportunity for its next owner! Both units will be delivered vacant, providing flexibility from day one. The property showcases beautiful original character throughout, including hardwood floors, detailed woodwork, decorative trim, and generously sized rooms. A standout feature is the detached 3-car garage, offering ample space for parking and additional storage. With two separate units, plenty of interior space, and distinctive architectural details throughout, this property offers endless possibilities. Conveniently located near major roadways, public transportation, shopping, dining, and other local amenities. Don't miss the opportunity to see everything this Newark multi-family has to offer!

45 S 9th St, Newark City

$375,000

2 Beds ⋅ 2 Baths ⋅ 4056969 MLS

SINGLE FAMILY IN THE IRON BOUND SECTION OF NEWARK, OFF FERRY STREET, 2 BEDROOMS, 2 BATH, FULL BASEMENT WITH SPARE ROOM AND LAUNDRY, COZY BACK YARD. LOCATED NEXT TO SCHOOL AND AMENITIES. SOLD AS IS. COME SEE!

14 Lentz Ave, Newark City

$199,000

3 Beds ⋅ 1 Baths ⋅ 4057229 MLS

**INVESTOR OPPORTUNITY!** Bring your vision to this total-rehab property located in Newark's Lower Vailsburg section. Featuring 3 bedrooms, 1 bathroom, a formal dining room, living room, and bonus attic room, this property offers plenty of potential for the right investor.Property is being sold strictly **AS-IS** and requires a full renovation. Seller will make absolutely no repairs or improvements and makes no representations or warranties regarding the condition of the property, its systems, or improvements. Buyer is responsible for conducting all desired due diligence.**PLEASE BE ADVISED:** No unauthorized showings or entry onto the premises. Do not enter, inspect, walk, or otherwise access the property without prior consent and a confirmed appointment.

55 Commonwealth Ave, Newark City

$465,000

4 Beds ⋅ 3 Baths ⋅ 4056908 MLS

Renovated 4 Bedroom Home with 3 Full Baths, Finished Basement, New Flooring New Kitchen and Baths. Central air and Heat. Driveway with Parking.

78 Valley St, Newark City

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