137 Palm St, Newark, NJ 07106

Newark
Local realty services provided by:Better Homes and Gardens Real Estate Elite
137 Palm St,Newark City, NJ 07106
$500,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Jun 06
    12:00 pm - 02:00 pm
Listed by: neville parmar
Office: the real estate company908-686-7800
MLS#:4031996
Source:NJ_GSMLS

Price summary

  • Price:$500,000

About this home

Don't miss this two-family income-producing property in the heart of Newark! Sitting on a generous 35x100 lot, this 5-bedroom, 2-bath home features two separately metered units ideal for maximizing rental returns or living in one unit while your tenant covers the mortgage. Both units offer updated kitchens with stainless steel appliances and gas ranges, tiled bathrooms with tub/shower combos, and a mix of hardwood and updated flooring throughout. The partially finished basement adds extra utility space, complete with laundry. A private driveway rounds out this turnkey investment opportunity.

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Home facts

  • Year built:1910
  • Listing ID #:4031996
  • Added:2 day(s) ago
  • Updated:June 06, 2026 at 10:13 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Basement Description:Basement, Partial

Heating and cooling

  • Cooling:Ceiling Fan, Wall A/C Unit(s)
  • Heating:Radiators - Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1910
  • Lot area:0.08 Acres
  • Architectural Style:2-Two Story
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Tax amount:$4,950 (2025)

Parking

  • Parking description:Driveway-Exclusive
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated June 6, 2026

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