Date
Details
Price
Change
Source
1/21/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/8
$550,000
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Property Description
Remarks: Fantastic Investment Opportunity! 3-family home in the vailsburg section of Newark with great potential. The three floor offers 3 bedrooms and 1bath each with spacious kitchen. The property needs some work but presents an excellent opportunity for investors or buyers looking to customize. With a bit of renovation, it can become a strong income producer or a great option for an owner-occupant to live in one unit and rent out the others. Conveniently located near Downtown Newark, NJPAC, Prudential Center, EWR Airport, and major transportation.
Full Property Details
Full Property Details for 49 Norwood St #3
General
- Price: $550,000
- Taxes: $6,339 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4006323
- Updated: 1/22/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: South Orange Avenue to Norwood Street
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 3 Units
- Heating Fuel: Natural Gas, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1904
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Laundry Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 30 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $149,800
- Land Assmt: $16,900
- Tax Amount: $6,339
- Tax Year: 2024
Disclosures and Reports
- Block: 4066
- Lot Number: 69
Listed by Lara Realty Corp
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Listing agent
— 49 Norwood St #3 —
Lara Realty Corp
973-622-1672
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 49 Norwood St #3
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 0.4 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.7 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 0.7 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2.1 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 2.5 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 49 Norwood St #3
Tax History
Tax History for 49 Norwood St #3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,340
2%
$166,700
—
2022
$6,228
—
$166,700
—
2021
$6,225
33%
$166,700
—
2021
$4,693
-25%
$166,700
—
2019
$6,270
2%
$166,700
—
2018
$6,156
4%
$166,700
—
2017
$5,935
4%
$166,700
—
2016
$5,734
4%
$166,700
—
2015
$5,516
12%
$166,700
—
2013
$4,923
—
$166,700
—
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 49 Norwood St #3
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Listed by Pulte Communities of NJ Limited Partnership
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- Business
- Active
- Commercial
- Active
- Condo
- Active
- Updated 4 hours ago
- 1Bed
- 1Total Bath
Listed by The Real Estate Company
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49 Norwood St #3, Newark, NJ 07106 (MLS# 4006323) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 49 Norwood St #3 is currently listed for $550,000 and was received on January 21, 2026. Want to learn more about 49 Norwood St #3? 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.