Properties

Description

Move right into this newly renovated two-family home at 48 Salem Street in Newark! Both units feature identical floor plans that include hardwood floors throughout, stainless steel appliances, quartz countertops, washer/dryer hookups, spacious bedrooms, and inviting living areas. Off-street parking and a garage add valuable convenience! Looking to own and invest at the same time? Live in one unit and rent the other to help offset housing costs, or explore the income potential of both units. A two-family home offers flexibility for owner-occupants and investors alike, with an opportunity to build your real estate portfolio in Newark?s established market. A renovated two-family home with parking, a garage, and owner-occupant potential is ready for its next chapter. Schedule your showing and explore the possibilities at 48 Salem Street! Financing opportunity: Through the seller?s preferred lender, qualified buyers may be eligible for a conventional loan with a fixed 5.2% interest rate, 5.3% APR, 5% down, and no PMI. Seller concessions toward closing costs may also be available with a qualifying offer. Loan terms, eligibility, and program details apply; inquire for details.

Features

  • Heating System : Forced Hot Air
  • Basement : Unfinished
  • Roof Deck : Asphalt Shingle
  • Parking : 3
  • Parking Description: 1 Car Width, Blacktop
  • Tax Assessed Valuation: 149600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: See Remarks

Additional Info

  • Office Name: COOPER MCKELVEY REAL ESTATE CO.
  • Office MLS ID: 5941
  • Agent ID: 296596
  • Tax: 5982
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$589,999

48 Salem St, Newark City, *

  • SQFT 46.10 Acre
  • Bedroom 6
  • Built Year 1925

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5472853
  • Price: $589,999
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1925
  • Year Built Description: Renovated
  • Lot Area: 46.10 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Salem St
  • Street Number: 48
  • Street Direction: S Orange Ave to Salem St
  • Floor Number: 0
  • Longitude: W75° 46' 12''
  • Latitude: N40° 44' 41''
  • Internet Display Address: No
Property