Newark Homes under $1.5 million

Welcome to Newark, New Jersey—an urban gem nestled in the heart of Essex County, where rich history meets modern vibrancy. As one of the oldest cities in the United States, Newark boasts a diverse cultural landscape, making it a fantastic place to call home. With its close proximity to New York City, residents enjoy easy access to the hustle and bustle of the Big Apple while relishing the charm of their own community.

Newark is known for its thriving arts scene, highlighted by the Newark Museum of Art and the New Jersey Performing Arts Center, both of which offer a plethora of events and exhibitions year-round. The city is also home to beautiful parks, such as Branch Brook Park, famous for its stunning cherry blossoms in the spring. With a variety of dining options ranging from local eateries to international cuisine, Newark is a food lover's paradise.

For those looking to invest in real estate, Newark presents an exciting opportunity with a selection of homes available for under $1.5 million. Whether you're seeking a cozy townhouse, a spacious single-family home, or a chic loft, Newark has something to suit every taste and budget. The city's ongoing revitalization efforts and strong community spirit make it an ideal place for families, young professionals, and anyone looking to enjoy urban living with a suburban feel.

Explore the possibilities that await you in Newark, where every neighborhood tells a story, and your dream home is just around the corner!

Newest Newark Homes under $1.5 million

$649,900

9 Beds ⋅ 3 Baths

INVESTOR OPPORTUNITY! Well-positioned 3-family property offering three spacious 3-bedroom, 1-bath units, providing an attractive setup for investors seeking a multi-family rental property. Each unit features a 3-bedroom layout and separate utilities, offering flexibility for ownership and management. The property presents a potential value-add opportunity for an investor looking to renovate, improve, and maximize the property's long-term rental potential. Ideal for investors, owner-occupants, or buyers seeking a multi-family income property. Conveniently located near transportation, shopping, schools, and major roadways. Property is being sold AS-IS. Buyer is responsible for conducting their own due diligence regarding property condition, zoning, permits, rental requirements, and potential uses. Don't miss the opportunity to add this 3-family property to your investment portfolio.

428 S 17th St, Newark

Listing courtesy of Listing Agent: Jorge Velasquez () from Listing Office: RE/MAX Professionals 1.

$949,000

14 Beds ⋅ 4 Baths

Professional pictures coming soon. Extremely rare opportunity in Newark's Upper Clinton Hill! This massive 8,358 sq ft, legal 4-family offers an impressive 14 bedrooms and 4 full baths, providing tremendous flexibility for investors or owner-occupants. Each side features a spacious 4-bedroom/1-bath unit over a 3-bedroom/1-bath unit. Every apartment is fully updated with new kitchens, bathrooms flooring SS appliances etc. All units provide generous living areas, separate kitchens with dining space, high-end finishes for this turnkey consistently strong income producing property. Separate utilities add convenience and help simplify ownership. Two large unfinished basements, each with interior and exterior access, offer outstanding possibilities for additional usable space, tenant storage, or a shared coin-operated laundry area. Outside, the property offers valuable off-street parking plus 3 garage spaces that can provide additional rental income, with potential to expand to 4 spaces. An exceptional combination of size, versatility, parking, garage space, and income potential in a quiet Upper Clinton Hill location for the serious buyers. This is not your typical 4-family one of the largest to come to market in the past few years, it would be a generational opportunity. This will not last, come see it before it is gone!

29-31 Goodwin Ave, Newark

Listing courtesy of Listing Agent: James Dellomo () from Listing Office: RE/MAX First Realty II.

$759,888

9 Beds ⋅ 3 Baths

Welcome to this spacious two-family home in Newark, offering an excellent opportunity for both owner-occupants and investors. With generous living space across both units, this property is ideal for a buyer looking to live in one unit while generating rental income from the other to help offset monthly housing expenses. Each unit offers a functional layout with plenty of room for comfortable everyday living. Whether you're a first-time buyer looking to take advantage of an owner-occupied multifamily strategy or someone looking to add a solid property to their portfolio, this home provides flexibility and long-term potential. Why rent when you can own, build equity, and have rental income working for you? Conveniently located near shopping, transportation, major highways, schools, and everything Newark has to offer. Don't miss the opportunity to make this large two-family your next home and investment!

299-301 Renner Ave, Newark

Listing courtesy of Listing Agent: Peter Tlatelpa () from Listing Office: Real.

$850,000

9 Beds ⋅ 4 Baths

5 YEAR TAX ABATEMENT HAS JUST STARTED! NEWLY BUILT, UNIQUE two-family featuring a rare ground-level unit with 2 rooms and a full bath, home office, or added flexibility. The definition of turnkey, located in Newark Built by an experienced builder with no expense spared, showcasing quality craftsmanship, modern finishes, and thoughtful design throughout. ideal for Owner-occupants or investors seeking low maintenance, strong rental appeal, and long-term value in a high-demand location close to major transportation, shopping, and dining. come turn this house into a home before someone else does!

149 Mount Prospect Ave, Newark

Listing courtesy of Listing Agent: Brendan Dasilva () from Listing Office: Keller Williams Realty - NJ Metro Group.

$799,999

6 Beds ⋅ 5 Baths

A rare opportunity to own a truly one of a kind, custom-built three-family property. Unlike anything else on the market, this unique offering features three attached buildings, each comprised of two spacious duplex residences for a total of six thoughtfully designed homes. Every detail was carefully considered, from the custom kitchens and designer bathrooms to the high-end finishes and functional layouts that set this property apart. Built with quality, longevity, and modern living in mind, this is a showcase of craftsmanship from top to bottom. Enjoy the added peace of mind of a 10-year new construction home warranty, along with the significant savings of a 5-year tax abatement. Whether you're an investor or owner-occupant, this is a landmark opportunity that simply cannot be replicated.

643 S 10th St, Newark

Listing courtesy of Listing Agent: Brendan Dasilva () from Listing Office: Keller Williams Realty - NJ Metro Group.

$799,999

6 Beds ⋅ 5 Baths

647 S 10th St, Newark

Listing courtesy of Listing Agent: Brendan Dasilva () from Listing Office: Keller Williams Realty - NJ Metro Group.

$450,000

6 Beds ⋅ 3 Baths

Welcome to 233 Meeker Avenue in Newark! This charming corner property offers space, character, and an unbeatable location just moments from Weequahic Park. The home features 6 bedrooms and 2.5 bathrooms, providing a flexible floor plan that can accommodate a variety of living arrangements and lifestyle needs. Situated on a desirable corner lot, the property offers added curb appeal, abundant natural light, and a welcoming presence. Inside, you'll find timeless character throughout, along with an opportunity to personalize the home to suit your style and preferences. Whether you need additional rooms for a home office, hobby space, guest accommodations, or other uses, this property offers versatility to meet a range of needs. Conveniently located near parks, schools, shopping, dining, major highways, and public transportation, the home provides easy access to everyday amenities and commuting options. Enjoy the outdoor recreation and scenic beauty of nearby Weequahic Park, just a short distance away. Don't miss this opportunity to own a character-filled corner property in one of Newark's established neighborhoods. Come turn this house into your home before somebody else does!

233-237 Meeker Ave, Newark

Listing courtesy of Listing Agent: Brendan Dasilva () from Listing Office: Keller Williams Realty - NJ Metro Group.

$825,000

This multi-family property offers a great opportunity for investors or owner-occupants. Conveniently located near public transportation, major highways, shopping, dining, and local amenities. A great opportunity to add to your investment portfolio or enjoy multi-unit living in Newark. Schedule your showing today!

379 S 9th Street, Newark

Listing courtesy of Keller Williams Realty West Monmouth. Contact:

$400,000

4 Beds ⋅ 2 Baths

Welcome to 281 Smith St, located in Newark's Lower Vailsburg section. This well-maintained brick-front home features an open-concept first-floor layout with living, dining, and kitchen areas. The property includes a finished basement providing additional living space, a long private driveway with off-street parking, and a detached garage offering additional storage and convenience. The home is conveniently located near major highways, public transportation, shopping, schools, and local amenities. The property offers a functional layout with additional living space, parking, and storage. Come turn this house into a home before someone else does!

281 Smith St, Newark

Listing courtesy of Listing Agent: Brendan Dasilva () from Listing Office: Keller Williams Realty - NJ Metro Group.

$465,000

4 Beds ⋅ 3 Baths

78 Valley St, Newark

Listing courtesy of Listing Agent: Francis D. Thurman () from Listing Office: eRealty Advisors, Inc..

$520,000

4 Beds ⋅ 2 Baths

Great opportunity to own a 2-family property in the heart of Newark! This income-producing home features two units that has: Unit 1 offers 1 bedroom and 1 full bath, while Unit 2 provides 3 bedrooms and 1 full bath, ideal for owner-occupants or investors looking for strong rental potential. Major updates include 2 new boilers and 1 new furnace, offering peace of mind and added value. Conveniently located near transportation, shopping, dining, schools, and major highways, making commuting and everyday living a breeze. Whether you're looking to live in one unit and rent the other or expand your portfolio, this is an excellent opportunity you don't want to miss!

30 N 11th St, Newark

Listing courtesy of Listing Agent: Peter Boutros () from Listing Office: EXP Realty, LLC.

$799,999

Spacious Mix Use Commercial Building with 2 Residential Units is the investment opportunity you've been looking for! Currently all units are leased, guaranteeing easy extra income. Well maintained, situatuated in a prime commuter location just steps to the bus line, close to major roads, shopping, and Branch Brook park. The ground level commercial unit offers a multitude of uses, offering a front reception area, large multi-use all-purpose room, a private office, and 2 convenient 1/2 baths. The 2 residential units each offer a spacious living area, eat-in-kitchen, 2 bedrooms, and 1 full bath. Semi-privatre entrances and separate utilities. This is a prime opportunity to claim a slice of the bustling New Jersey market. Don't miss out! Come and see today!

294 Orange St, Newark

Listing courtesy of Listing Agent: Robert Dekanski () from Listing Office: RE/MAX 1st Advantage.

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board logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Imperial Realty Properties are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
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