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6 Beds
2 Baths

$589,999

48 Salem St, Newark City NJ, 07106

Built in1925
Property typeMulti-family

Overview

Active

Listed Nov 6, 2026

Updated 4 days ago

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.

$3,925/mo

Est. mortgage payment based on a $589,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4063465

Interior Features

Bedrooms
6
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$5,982
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of COOPER MCKELVEY REAL ESTATE CO. with TAYLLOR COOPER,
Listing Contact: 9734247066 

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