50 Palm Street, Newark, NJ 07106 - Photo 1

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$510,000

For Sale
Active
Duplex
4 Beds
2 Full Baths

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Property Description

Welcome to 50 Palm Street in Newark, New Jersey, a well-maintained two-family home located in the desirable Lower Vailsburg section. This property offers a great opportunity for owner-occupants or investors looking for rental income in a convenient location.Each unit features 2 spacious bedrooms and 1 full bathroom, with updated interiors, spacious closets with organizers, and comfortable living spaces filled with natural light. The kitchens include stainless steel appliances, and the home is equipped with a Nest thermostat for modern energy-efficient climate control.The layout provides functional living areas and well-sized bedrooms, making each unit both comfortable and practical.Conveniently located close to major highways, public transportation, shopping, restaurants, parks, and universities, with easy access to I-78 and the Garden State Parkway, making commuting to NYC and surrounding areas simple.Whether you're looking to live in one unit and rent the other or add a solid property to your investment portfolio, this home offers great potential.

Full Property Details

Full Property Details for 50 Palm St

General

Price: $510,000
Taxes: $12,452
Status: Active
Type: Duplex
Source: NJMLS
MLS ID: 26008689
Updated: 3/16/2026
Added to Site: 17 day(s) ago

Interior

Number of Rooms: 10

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: See Remarks

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Other (See Remarks)

Structural Information

Architectural Style: 2 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $12,452

Listed by RE/MAX SELECT - Westfield (908) 233-9292, Stephany Donoso (973) 651-7536

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Listing agent

— 50 Palm St —

Stephany Donoso

RE/MAX SELECT - Westfield

973-651-7536

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NMLS#: 1598647

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Schools

Schools serving 50 Palm St

School District:Newark City School District

Name	Grades	Distance
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106	K-8	0.4 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	0.8 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	2.3 mi
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112	9-12	2.7 mi
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106	PK-8	1.1 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 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 50 Palm St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/16/2026

Listed

$510,000

39.73%

MLS

12/30/2020

Sold

$365,000

—

Public Record

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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 50 Palm St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$11,843

$311,400

—

2022

$11,634

205%

$311,400

—

2021

$3,809

-2%

$311,400

205%

2020

$3,876

$102,000

—

2019

$3,836

$102,000

—

2018

$3,767

$102,000

—

2017

$3,631

$102,000

—

2016

$3,509

$102,000

—

2015

$3,375

12%

$102,000

—

2013

$3,012

—

$102,000

—

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 50 Palm St

50 Palm Street, Newark, NJ 07106 (MLS# 26008689) is a Duplex property with 4 bedrooms and 2 full bathrooms. 50 Palm Street is currently listed for $510,000 and was received on March 16, 2026. Want to learn more about 50 Palm Street? 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.

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50 Palm St Newark, NJ 07106