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$799,900
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Property Description
Welcome to 109 Palm St, Newark, a spacious and modern 2-family home offering 7 bedrooms and 5 full bathrooms across two well-appointed unit with a finished basement. Built in 2018, the property features central air, forced hot-air heating, hardwood floors, stainless-steel appliances, granite countertops, balconies, and a 2-car built-in garage. The first floor will be delivered vacant, offering added flexibility for an owner-occupant or investor. A fantastic opportunity to own a newer multifamily property in a convenient Newark location.
Full Property Details
Full Property Details for 109 Palm St
General
- Price: $799,900
- Taxes: $9,953 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4049834
- Updated: 9/1/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Barbecue, FencVnyl
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Built-In Garage
Location
- County: Essex
- Driving Directions: Use Google Maps
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 2018
- Remodeled/Updated: 2018
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Porch, Master Bedroom
- Square Feet: 2000
- Levels/Stories: 1
- Total Bathrooms: 3
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 1200
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 2 Car Width, Blacktop, See Remarks
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $232,600
- Land Assmt: $16,300
- Tax Amount: $9,953
- Tax Year: 2025
Disclosures and Reports
- Block: 4198
- Lot Number: 20
Listed by Re/Max Select
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Schools
Schools serving 109 Palm St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 0.6 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.8 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 0.9 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2.7 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 1.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.8 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 Palm St
Date
Details
Price
Change
Source
9/01/2026
Listed
$799,900
21.2%
MLS
8/04/2022
Sold
$660,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 109 Palm St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,954
100%
$248,900
—
2022
100%
$248,900
—
2021
100%
$248,900
—
2020
-100%
$248,900
1427%
2018
$602
4%
$16,300
—
2017
$580
3%
$16,300
—
2016
$561
4%
$16,300
—
2015
$539
12%
$16,300
—
2013
$481
—
$16,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 109 Palm St
109 Palm St, Newark, NJ 07106 (MLS# 4049834) is a Multi-Family property with 2 units containing 7 bedrooms and 5 full bathrooms. 109 Palm St is currently listed for $799,900 and was received on September 01, 2026. Want to learn more about 109 Palm St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

