Newark City Homes under $1.5 million

Welcome to Newark City, a vibrant hub located in Essex County, New Jersey. Known for its rich history, diverse culture, and dynamic arts scene, Newark offers residents an unparalleled urban experience combined with the charm of a close-knit community. As the largest city in New Jersey, Newark boasts a variety of attractions, including the renowned New Jersey Performing Arts Center, the beautiful Branch Brook Park, and an array of eclectic dining options that celebrate the city’s multicultural heritage.

For those seeking a home in this thriving city, Newark presents a fantastic opportunity with a selection of properties available for under $1.5 million. Whether you’re a first-time homebuyer or looking to invest in a growing market, Newark’s real estate landscape offers something for everyone. From historic brownstones that exude character to modern condos featuring stunning city views, the choices are diverse and appealing.

Living in Newark means enjoying convenient access to major transportation hubs, making commuting to New York City and other parts of New Jersey a breeze. The city is also home to several top-tier educational institutions and vibrant neighborhoods, each with its own unique flavor.

Embrace the opportunity to be part of Newark’s exciting transformation. With homes under $1.5 million, you can find your perfect abode in a city that celebrates both its past and its bright future. Explore Newark today, and discover the endless possibilities that await you in this remarkable city!

Newest Newark City Homes under $1.5 million

$700,000

8 Beds ⋅ 3.3 Baths

Welcome to this spacious and well-maintained two-family home located in Newark?s desirable Weequahic/Upper Clinton Hill neighborhood. This property features 8 bedrooms, 3 bathrooms, and parking for up to 6 cars, offering plenty of space and convenience. Finished basement with walkout exit. Near transportation and convenience stores and 6 minutes from the Newark Penn Station for an easy commute to NYC and other locations.Whether you are an owner-occupant looking for additional rental income or an investor seeking a multifamily property, this home presents an excellent opportunity.Schedule your showing today and come see all that this property has to offer!

17 Wolcott Ter, Newark City

Listing Courtesy Of EXP REALTY, LLC, Contact: 646-409-0779

$899,000

5 Beds ⋅ 2.2 Baths

Step inside timeless elegance and charm - this Dutch Colonial features a spacious floor plan with rich herringbone parquet hardwood floors, coffered ceilings, custom woodwork, French doors, and intricate artisanal moldings. The house has 5 bedrooms, 2 full baths and 2 half baths. Situated on an 8,500-square-foot corner lot at Ridge Street and Abington Avenue, the property features beautifully manicured landscaping, a detached 2-car garage, and a full unfinished basement offering massive storage or customization potential. Enjoy the perfect balance of suburban tranquility and urban convenience, located just three blocks away from the iconic cherry blossoms of Branch Brook Park. Quick and easy commute to NYC via the light-rail, rail or bus and surrounding metro area. Don't miss this rare opportunity in Forest Hill!

415 Ridge St, Newark City

Listing Courtesy Of HOWARD HANNA RAND REALTY, Contact: 973-694-6500

$649,500

8 Beds ⋅ 2.1 Baths

Great Investment Opportunity in Newark! Welcome to this well-positioned two-family property at 455 4th Ave W, Newark, offering an excellent opportunity for an owner-occupant or investor looking to build equity and generate rental income. The property features two separate units, with one currently occupied and the second unit vacant, providing the perfect setup for an owner occupant to live in one unit while collecting rental income from the other.The property offers a great opportunity to add value with some TLC and personal touches, making it ideal for buyers looking to customize the space and maximize its potential. With its two-family layout, separate living spaces, and income-producing potential, this property offers both flexibility and long-term investment appeal.Located in Newark, the property is conveniently situated near shopping, dining, schools, parks, public transportation, major highways, and commuter routes. Newark's proximity to New York City and its extensive transportation network make it an attractive location for residents and investors alike.Whether you're looking to owner-occupy and offset your mortgage with rental income or add another property to your portfolio, this two-family home presents an exciting opportunity to invest in a desirable Northern New Jersey market. Bring your vision and unlock the potential this property has to offer!

455 4Th Ave, Newark City

Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 201-710-0598

$355,000

3 Beds ⋅ 3 Baths

Welcome to this exceptional three-bedroom, two-bath condominium in Newark's desirable Forest Hill neighborhood, where classic elegance meets everyday convenience. A semi-private elevator opens directly into a welcoming foyer, setting the tone for this beautifully maintained residence. The spacious, sun-filled living room flows seamlessly into a formal dining room, creating an inviting setting for entertaining. The well-appointed kitchen offers ample space for meal preparation, while the primary suite provides a peaceful retreat with a private en-suite bathroom and relaxing soaking tub. Residents enjoy a fitness center, elegant grand lobby, doorman service, live-in superintendent, secure deeded garage parking, and convenient basement laundry facilities. Two private entrances offer added flexibility and easy access. Located moments from picturesque Branch Brook Park, celebrated for its stunning cherry blossoms, this home offers convenient access to New York City transportation, major highways, shopping, dining, and local attractions. Impeccably maintained and move-in ready, this condominium is a wonderful opportunity to enjoy comfort, style, and convenience in Forest Hill.

363 Mt Prospect Ave, Newark City

Listing Courtesy Of RE/MAX PROFESSIONALS I, Contact: 973-450-4000

$785,000

6 Beds ⋅ 2 Baths

Welcome to 348 Woodside Avenue, a tastefully complete remodeled 2 family in the Forest Hill area Newark! The first floor consists of living room, eat-in kitchen, 3 bedrooms, 1 bathroom with stainless steel appliances, natural light throughout with access to the basement that can easily turned into family room or ana apartment. Walk to second floor and find living room, eat-in kitchen, 3 bedrooms, 1 bath, connected with a staircase to a large open concept attic with lots of natural lights that can be used as a family room, office or large independent bedroom, with washer and dryer hookups. Each apartment has separate HVAC, gas and electric, the driveway can fit 8+ cars, 2 car garage and approx. 2300 SQFT of backyard between garage and house. Located near parks, houses of worship, high end restaurants, downtown, and major highways. This house needs nothing but a new owner to enjoy it. When you come to see it, bring your checkbook because you will fall in love! the current taxes are under 7k, so the new owner is advised to do their due license for any possible reassessment once CO is produced.

346 Woodside Ave, Newark City

Listing Courtesy Of EREALTY, Contact: 201-453-3510

$775,000

7 Beds ⋅ 4 Baths

Great Opportunity to own this legal three family property in a convenient North Newark location .Each unit features an eat in kitchen, spacious living rooms and comfortable bedrooms, making this property an attractive option for tenants. Unit 1. 3bedrooms, eating kitchen, living room. Unit 2-3 bedrooms, eating kitchen, living room, Unit3-eating kitchen, living room , 1 bedroom. Full finished basement, this property offering plenty of potential, perfect as owner occupied or as an investors seeking rental income. Property is located near The branch Brook Park and convenient stores.

150 Elwood Ave, Newark City

Listing Courtesy Of 3SIXTY REALTY LLC, Contact: 862-754-3616

$689,000

6 Beds ⋅ 4 Baths

Great Opportunity in Great Location for owner occupied or investor with low taxes. Well maintained legal three family features a spacious master bedroom on the 1st floor with two additional bedrooms, living room, fully renovated bathroom with a large eat-in kitchen. This units lead out to a large back patio which is great for entertaining. The 2nd unit feature two bedrooms, living room, Den/office, large eat-in kitchen and renovated bathroom. The 3rd unit features one bedroom, living room, full bath and kitchen. The full finished basement is completed with two rooms, full bathroom and a summer kitchen. ALL units will be delivered vacant. Currently the 1st, 2nd floors and basement are vacant and can easily be shown. Need confirmed appt to show the 3rd unit. The Buyers Home Inspection will be limited to Structural, environmental and Mechanical Issue. No credit will be given for repairs. Fire Place Chimney /Flues sold "AS IS , no known issues.

324 Clifton Ave, Newark City

Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 908-347-4451

$850,000

11 Beds ⋅ 6 Baths

Amazing opportunity to own an unbelievably spacious 3-family property in Newark! This massive gated property offers tremendous potential and is ideal for investors or buyers looking for a large multifamily home. The 1st fl unit features 2 bedrooms, while the 2nd fl offers 4 bedrooms and the 3rd fl features 5 bedrooms. Each unit includes 2 full baths, laundry, eat-in kitchen and unbelievably large living and dining areas with an open concept layout. The property needs TLC but offers incredible space and possibilities. Buyers interested in potentially expanding the property's use to a 4 or 5 family. located in a developing area of Newark with easy access to public transportation. Property is being sold strictly AS IS. No FHA financing. Investors and cash buyers are welcome.

787 Clinton Ave, Newark City

Listing Courtesy Of ESSENTIAL REAL ESTATE, Contact: 973-860-7018

$689,500

7 Beds ⋅ 2.2 Baths

Welcome to a c. 1920 Dutch Colonial Revival in Newark's Forest Hill Historic District, two blocks from Branch Brook Park. Gambrel roof, sage green trim, covered front porch, and second-floor balcony. Inside: hardwood floors, original trim and cornice work, pocket doors, a fireplace, and a refinished kitchen with stainless appliances and a farmhouse sink. The home has 7 bedrooms and 4 baths, including a rain-shower hall bath and an original clawfoot tub. Outside are a large fenced yard, a back porch, a wide driveway, and a detached garage. Newer Roof, Sump Pump. Close to the Light Rail, Route 280, Montclair, and NYC buses.

786 Lake, Newark City

Listing Courtesy Of EXP REALTY, LLC, Contact: 973-494-4057

$950,000

8 Beds ⋅ 5 Baths

BRAND NEW CONSTRUCTION! Newly built two-family home in Newark featuring a flexible ground-level area with 2 rooms and a full bath. The space offers additional versatility for uses permitted by applicable zoning and occupancy requirements. 3 PARKING SPOTS! Built with attention to quality craftsmanship, modern finishes, and thoughtful design throughout. Ideal for owner-occupants or investors seeking a newly constructed property in a convenient location close to major transportation, shopping, and dining. Come turn this house into a home before someone else does!

388 Summer Ave, Newark City

Listing Courtesy Of KELLER WILLIAMS - NJ METRO GROUP, Contact: 973-783-7400

$699,999

9 Beds ⋅ 3 Baths

Great opportunity to own a fully vacant, well-maintained three-family home featuring a total of 9 bedrooms and 3 full bathrooms. Each unit offers 3 bedrooms and 1 full bath and has been freshly painted, making the property move-in ready and ideal for owner-occupants or investors seeking immediate rental potential. Unit 2 features an oversized primary bedroom with a gas fireplace and private balcony. Recent improvements include an upgraded 200-amp electrical service, new electrical panels, and separate meters for each unit. The partially finished basement features high ceilings and a private entrance, providing additional flexible space for storage, recreation, or other uses. Very LOW property taxes! Owner is a New Jersey licensed real estate realtor.

803 S 13Th St, Newark City

Listing Courtesy Of PREMIER HOMES, Contact: 908-245-6767

$410,000

3 Beds ⋅ 3 Baths

Space, style, and flexibility come together beautifully in this updated 3-bedroom, 3-full-bath home, offering three finished levels and the rare convenience of a full bath on every floor. Thoughtfully designed for both everyday comfort and entertaining, the home feels warm, inviting, and wonderfully adaptable. The main level unfolds from a welcoming foyer into a spacious living room and formal dining room, enhanced by wood flooring and abundant natural light. An updated kitchen anchors the living space, while the bonus den/sunroom adds a relaxed and versatile retreat perfect for a home office, reading nook, hobbies, or simply unwinding. A dedicated laundry room and full bath complete this level. Upstairs are three comfortable bedrooms, including a generously sized primary bedroom, along with an updated full bath. Downstairs, the finished walkout lower level adds exceptional flexibility with two additional finished rooms, another full bath, storage, and direct access to the rear yard. Outdoors, enjoy a private fenced backyard with a deck and raised garden beds that will remain with the property an inviting backdrop for dining, gardening, entertaining, or quiet afternoons at home. Brand-new heat and central air conditioning (2025) and a hot water heater (2022) add to the appeal. Convenient to shopping, dining, transportation, and the South Orange border, this move-in-ready home delivers comfortable living and versatility across all three levels.

64 Norwood St, Newark City

Listing Courtesy Of BHHS FOX & ROACH, Contact: 973-224-2430

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