Newark City Homes under $800,000

Welcome to Newark City, New Jersey—a vibrant urban center that beautifully blends rich history, cultural diversity, and modern conveniences. Nestled in Essex County, Newark is not only the largest city in New Jersey but also a burgeoning hub for arts, education, and innovation. With its strategic location just a short train ride from New York City, Newark offers residents the perfect balance of city living and suburban charm.

As you explore the real estate landscape of Newark, you’ll be delighted to discover a range of homes available for under $800,000. This price point opens the door to a variety of options, from charming historic brownstones to contemporary condominiums, each offering unique character and style. Families, young professionals, and retirees alike can find their dream home in this dynamic city without breaking the bank.

Newark’s neighborhoods, such as Ironbound, known for its rich Portuguese and Brazilian culture, and the picturesque North Ward, offer something for everyone. Enjoy the convenience of local amenities, including parks, schools, and shopping districts, all while being surrounded by the city's vibrant arts scene, featuring museums, theaters, and music venues.

Whether you’re drawn to the bustling streets of downtown or the serene parks that pepper the city, Newark City is a place where community thrives and opportunities abound. Discover your next home in this exciting city, where affordability meets accessibility, and where every corner invites you to explore its charm. Welcome to Newark—your new adventure awaits!

Newest Newark City Homes under $800,000

$799,000

10 Beds ⋅ 5 Baths ⋅ 4058191 MLS

Beautifully renovated three-family residence offering approximately 3,475 square feet of living space in Newark's West Side section, featuring a projected 9.3% cap rate an excellent opportunity for investors seeking strong rental income and return potential. Annual property taxes are approximately $7,438. Hardwood floors and modern kitchens with stainless steel appliances throughout. First floor: Three bedrooms, living room, bonus room, kitchen and one full bath. Full walkout basement: Rec room, sitting area and full bath, with private access from the rear of the home. Second floor: Three bedrooms, living room, kitchen and two full baths. Third floor: Three bedrooms, living room, kitchen and one full bath. Five full baths in total. Separate utilities allow for streamlined expense management. A shared driveway leads to a detached three-car garage, an exceptional feature rarely found in the area. Ideal for investors or owner-occupants looking to live in one unit while renting the others. Conveniently located near The Ironbound, schools, public transportation, shopping and major highways, with easy access to downtown Newark and NYC. Down payment assistance, FHA 100% financing and financing with as little as 3.5%-5% down on 2"4 family properties may be available to qualified buyers, subject to lender approval. Schedule your appointment today before this opportunity is gone!

63 S 7Th St, Newark City

$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

$675,500

7 Beds ⋅ 3.3 Baths ⋅ 4058038 MLS

Excellent investment opportunity in Newark! This spacious multifamily property features two units: a 5-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. Ideal for investors or owner-occupants looking to generate rental income. Conveniently located near public transportation, major highways, shopping, schools, and with easy access to downtown Newark and NYC. A great opportunity to expand your portfolio!

730 S 15Th St, Newark City

$699,500

4 Beds ⋅ 2 Baths ⋅ 4058027 MLS

Great investment opportunity in Newark! This multifamily property features two units, each offering 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms. Includes a full basement, 2-car garage, and parking for 4+ cars. Conveniently located near shopping, transportation, and major highways. Perfect for investors or owner-occupants!

10 Bock Ave, 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

$749,000

9 Beds ⋅ 6 Baths ⋅ 4057891 MLS

Excellent opportunity to own a spacious three-family property at 225 Chadwick Ave, Newark! This multifamily property features three separate units, each offering generously sized rooms and comfortable living spaces. The third-floor unit has been recently renovated, adding updated appeal and value. Conveniently located near major highways and transportation options, this property is ideal for commuters seeking easy access to surrounding areas. Whether you're an experienced investor looking to expand your portfolio or seeking a property with excellent rental income potential, this is an opportunity you won't want to miss!

225 Chadwick Ave, 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

$699,999

10 Beds ⋅ 2.2 Baths ⋅ 4057859 MLS

Welcome to this spacious side-by-side two-family home offering an excellent opportunity for investors and owner-occupants alike. Each unit features three finished levels with 5 bedrooms and 1.5 baths, providing generous living space and flexible room configurations. Both units are currently occupied, offering immediate rental income potential. The property also features a private driveway with parking for approximately 3?5 vehicles, plus an additional 3-car garage for added parking, storage, or workspace. A rare combination of size, parking, garage space, and income-producing potential.

179 Vermont Ave, 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

$750,000

9 Beds ⋅ 4 Baths ⋅ 4057595 MLS

Great ValueExcellent ConditionMust See to Appreciate

90 Cutler St, Newark City

$759,888

9 Beds ⋅ 3 Baths ⋅ 4057255 MLS

Welcome to this spacious two-family home in Newark, offering an excellent opportunity for both owner-occupants and investors. With generous living space across both units, this property is ideal for a buyer looking to live in one unit while generating rental income from the other to help offset monthly housing expenses. Each unit offers a functional layout with plenty of room for comfortable everyday living. Whether you?re a first-time buyer looking to take advantage of an owner-occupied multifamily strategy or someone looking to add a solid property to their portfolio, this home provides flexibility and long-term potential. Why rent when you can own, build equity, and have rental income working for you? Conveniently located near shopping, transportation, major highways, schools, and everything Newark has to offer. Don?t miss the opportunity to make this large two-family your next home and investment!

299 Renner Ave, Newark City

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