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$599,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 1 Car Garage
  • Updated 1 hour ago
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This well-maintained multifamily property offers oversized 2-bedroom, 1-bath apartments with spacious layouts, abundant natural light, and tasteful updates throughout. The second-floor unit includes a bonus sunroom offering ideal flex space for a home office, den, or playroom. Both apartments have been freshly painted and updated with new flooring and newer appliances, making this a true turnkey opportunity. Finished attic with full bath adds valuable additional living space. Full unfinished basement provides excellent storage. Exterior highlights include a gated driveway, oversized 1-car garage, and additional parking. Ideal for investors or owner-occupants looking for a move-in ready, income-producing property that has been exceptionally well cared for.

Full Property Details for 50 Underwood St

General

  • Price: $599,000
  • Taxes: $8,373 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4025530
  • Updated: Today (5/7/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 11
  • Interior Features: Security System, Smoke Detector, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Color: grey

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Detached Garage, Oversize Garage

Location

  • County: Essex
  • Driving Directions: Stuyvesant Ave to Underwood Street

Heating & Cooling

  • Cooling Type: No Cooling, Window Air Conditioning
  • Heating Type: 1 Unit, Radiators - Hot Water
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1930

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Sunroom
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 36.2 x 90
  • Driveway/Sidewalk: 1 Car Width

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $188,900
  • Land Assmt: $20,500
  • Tax Amount: $8,373
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 4078
  • Lot Number: 59

Listed by Keller Williams Suburban Realty

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Listing agent

— 50 Underwood St —

  • Keller Williams Suburban Realty

203-912-7403

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 50 Underwood St

School District:Newark City School District
NameGradesDistance
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-80.3 mi
Lincoln Elementary School, Newark, NJ
87 Richelieu Terrace, Newark, NJ 07106
K-80.4 mi
Mount Vernon Elementary School
142 Mount Vernon Place, Newark, NJ 07106
PK-80.7 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-121.5 mi
Weequahic High School
279 Chancellor Avenue, Newark, NJ 07112
9-122 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-122.1 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-81 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.8 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.9 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 Underwood St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$599,000
160.43%
MLS
12/13/2019
Sold
$230,000
—
Public Record
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 for 50 Underwood St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,963
2%
$209,400
—
2022
$7,823
—
$209,400
—
2021
$7,819
48%
$209,400
46%
2021
$5,272
-3%
$143,900
—
2019
$5,412
2%
$143,900
—
2018
$5,314
4%
$143,900
—
2017
$5,123
3%
$143,900
—
2016
$4,950
4%
$143,900
—
2015
$4,762
7%
$143,900
—
2014
$4,462
—
$143,900
—
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 for 50 Underwood St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Suburban Realty

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50 Underwood St, Newark, NJ 07106 (MLS# 4025530) is a Multi-Family property with 2 units containing 5 bedrooms and 4 full bathrooms. 50 Underwood St is currently listed for $599,000 and was received on May 07, 2026. Want to learn more about 50 Underwood 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.

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