50 Underwood St

Newark City, NJ 07106


 

Price: $599,000

GSMLS:  4025530
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 5
Baths: 4 Full
Garage: 1-Car
Year Built: 1930
Acres: 0.07
Property Tax: $8,373
Description
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Full, Unfinished
Interior:
Security System, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
36.2X90
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Detached Garage, Oversize Garage
Parking:
1 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Security System, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Sunroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Security System, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Hot Water
Heating Fuel:
Electric, Gas-Natural
Cooling:
None,WindowAC
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$8,373
Land Assessment:
$20,500
Build. Assessment:
$188,900
Total Assessment:
$209,400
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4025530
List Date:
05-05-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS SUBURBAN REALTY
Listing Agent:
Robert Coppola
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox