48 Salem St, Newark, NJ 07106
Local realty services provided by:Better Homes and Gardens Real Estate Elite
48 Salem St,Newark City, NJ 07106
$589,999
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tayllor cooper
Office: cooper mckelvey real estate co.973-424-7066
MLS#:4063465
Source:NJ_GSMLS
Price summary
- Price:$589,999
About this home
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....
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Home facts
- Year built:1925
- Listing ID #:4063465
- Added:1 day(s) ago
- Updated:November 08, 2026 at 03:21 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement Description:Basement, Unfinished
Heating and cooling
- Heating:Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1925
- Lot area:0.07 Acres
- Architectural Style:2-Two Story
- Construction Materials:Aluminum Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$589,999
- Tax amount:$5,982 (2025)
Parking
- Parking description:1 Car Width, Blacktop Driveway, Detached Garage, Garage Parking
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