242 Pomona Avenue, Newark, NJ 07112 - Photo 1

1/1

$425,000

For Sale
Active
Duplex
5 Beds
3 Full Baths
1 Car Garage
Updated 5 days ago

1/1

Property Description

Located in the Weequahic section of Newark, this spacious 2-family property offers strong potential for both investors and owner-occupants. The home features two units along with bonus space providing flexibility for additional living or storage. Property is being sold as is and requires TLC, presenting an excellent opportunity to renovate and add value. Each unit offers a functional layout with the ability to maximize rental income or accommodate extended living. Conveniently located near NJ Transit bus lines with access to train service to NYC. Close to major highways including I-78, Route 1&9, and the Garden State Parkway. Minutes from Newark Liberty International Airport. Near shopping, dining, parks, and everyday amenities. Ideal for those seeking a value-add opportunity in a well-established neighborhood. Buyer is responsible for CO and fire inspection.

Full Property Details

Full Property Details for 242 Pomona Ave

General

Price: $425,000
Taxes: $6,578
Status: Active
Type: Duplex
Source: NJMLS
MLS ID: 26010317
Updated: 3/27/2026
Added to Site: 7 day(s) ago

Interior

Number of Rooms: 12

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: None

Parking

Garage: Yes
Garage Spaces: 1

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Heat

Structural Information

Architectural Style: 2 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $6,578

Listed by RE/MAX First Realty II (908) 664-1500, Sha-Asia Jerez (347) 513-9905

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 242 Pomona Ave —

Sha-Asia Jerez

RE/MAX First Realty II

(347) 513-9905

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 242 Pomona Ave

School District:Newark City School District

Name	Grades	Distance
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112	3-8	0.2 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.8 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	1.1 mi
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112	9-12	0.1 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.5 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.9 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.9 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	2.1 mi
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106	PK-8	2.2 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 242 Pomona Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/26/2026

Listed

$425,000

—

MLS

Get Price Alerts and Save Property

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 242 Pomona Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,256

$164,500

—

2023

$6,133

—

$164,500

—

2022

$6,146

—

$164,500

—

2021

$6,142

33%

$164,500

—

2021

$4,631

-24%

$164,500

—

2018

$6,075

$164,500

—

2017

$5,856

$164,500

—

2016

$5,659

$164,500

—

2015

$5,443

-12%

$164,500

—

2019

$6,187

27%

$164,500

—

2013

$4,858

—

$164,500

—

View All

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 242 Pomona Ave

242 Pomona Avenue, Newark, NJ 07112 (MLS# 26010317) is a Duplex property with 5 bedrooms and 3 full bathrooms. 242 Pomona Avenue is currently listed for $425,000 and was received on March 26, 2026. Want to learn more about 242 Pomona Avenue? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

Tour this property

242 Pomona Ave Newark, NJ 07112