Newark Homes under $1.5 million

Welcome to Newark, New Jersey – a vibrant city steeped in rich history and cultural diversity. Nestled in Essex County, Newark is not just the largest city in the state; it’s a thriving hub of arts, education, and innovation. With its strategic location just a short train ride from New York City, Newark offers residents the perfect blend of urban excitement and suburban charm.

Newark boasts an impressive array of amenities, including world-class dining, shopping, and entertainment options. The city is home to several renowned institutions, such as Rutgers University-Newark and the New Jersey Performing Arts Center, making it a lively center for education and the arts. Outdoor enthusiasts will appreciate the expansive Branch Brook Park, famous for its stunning cherry blossoms, and the scenic riverfront parks that provide picturesque views of the Passaic River.

For those looking to invest in a home without breaking the bank, Newark offers an enticing selection of properties under $1.5 million. Whether you’re seeking a charming brownstone with historic character, a modern condo with breathtaking skyline views, or a spacious family home in a welcoming neighborhood, Newark has something to suit every lifestyle and budget.

With a strong sense of community, diverse neighborhoods, and a commitment to revitalization, Newark is an excellent place to call home. Explore the possibilities of living in this dynamic city, where you can enjoy an affordable yet vibrant lifestyle just steps away from the energy of metropolitan life. Discover your dream home in Newark today!

Newest Newark Homes under $1.5 million

$699,500

7 Beds ⋅ 3 Baths

658-660 12th St, Newark

Listing courtesy of Listing Agent: Maikol Puebla () from Listing Office: Coldwell Banker, Ridgewood.

$665,000

6 Beds ⋅ 3 Baths

Welcome to 214 Smith Street, Newark, NJ! This two-family property presents an excellent opportunity for investors and owner-occupants alike. Featuring two spacious residential units, each offering three bedrooms and one full bathroom, this property provides a versatile layout with a total of six bedrooms across both units. Whether you're looking to expand your investment portfolio or own a home with the potential to generate rental income, this property offers plenty of possibilities. Located in Newark's Lower Vailsburg neighborhood, the property offers convenient access to local shopping, restaurants, everyday essentials, and public transportation. Commuters will appreciate the accessibility of major roadways, including the Garden State Parkway, while nearby connections to South Orange and other surrounding communities provide additional convenience. Newark's broader employment, educational, and transportation hubs are also within reach, making this a practical location for a variety of lifestyles. With its two-unit configuration and desirable three-bedroom layouts, 214 Smith Street offers the flexibility to explore different ownership and investment strategies, subject to applicable regulations and property conditions. Don't miss this opportunity to own a multi-family property in Newark with the potential to build long-term value. Schedule your showing today and discover the possibilities this property has to offer!

214 Smith St, Newark

Listing courtesy of Listing Agent: Maikol Puebla () from Listing Office: Coldwell Banker, Ridgewood.

$649,500

8 Beds ⋅ 3 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

Listing courtesy of Listing Agent: Maikol Puebla () from Listing Office: Coldwell Banker, Ridgewood.

$899,000

11 Beds ⋅ 3 Baths

114-116 2nd St, Newark

Listing courtesy of Listing Agent: Lim Bances () from Listing Office: Lim Bances Realty.

$1,100,000

10 Beds ⋅ 5 Baths

Fantastic four-family investment opportunity in a convenient Downtown Newark location. This well-positioned multifamily property features two spacious 4-bedroom apartments and two 1-bedroom apartments, with one unit currently vacant and three units occupied, offering an investor immediate rental income with additional upside. The property also includes a semi-finished basement and private backyard, providing valuable additional space.Ideal for investors looking to expand their rental portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Conveniently located near public transportation, shopping, dining, schools, and major Newark amenities, with easy access to Newark's downtown transportation network and commuter connections. A strong opportunity for both seasoned investors and buyers looking to add a multifamily property to their portfolio.

11 Cottage St, Newark

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

$699,999

10 Beds ⋅ 4 Baths

Welcome to this spacious side-by-side two-family home offering an excellent opportunity for investors and owner-occupants alike. Each unit features three finished levels with 5 bedrooms and 1.5 baths, providing generous living space and flexible room configurations. Both units are currently occupied, offering immediate rental income potential. The property also features a private driveway with parking for approximately 3?5 vehicles, plus an additional 3-car garage for added parking, storage, or workspace. A rare combination of size, parking, garage space, and income-producing potential.

179 Vermont Ave, Newark

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

$950,000

5 Beds ⋅ 4 Baths

Great opportunity to own a 3-Unit house in the highly desirable Ironbound section of Newark, conveniently located just off Ferry Street. This property offers excellent potential for investors or owner-occupants looking to generate rental income while enjoying a prime location. Situated close to restaurants, shopping, public transportation, major highways, and Newark Penn Station.

147 Van Buren St, Newark

Listing courtesy of Listing Agent: James Rosa () from Listing Office: Rosa Agency-Ironbound, LLC.

$276,000

2 Beds ⋅ 1 Baths ⋅ Forest Hills Terrace BLDG.

Welcome to this turnkey 2bedroom, 1bathroom condo in the Forest Hill Terrace condominium community, ideally situated directly across from Newark's spectacular Branch Brook Park. Located on the first floor, this bright and inviting home features an open-concept living and dining area, beautiful hardwood floors, large windows, a newer kitchen, an updated bathroom, and two comfortable bedrooms privately positioned toward the rear. A reasonable monthly HOA fee makes this an attractive opportunity for both owner-occupants and investors.The location is the true highlight. Branch Brook Park offers approximately 360 acres of scenic green space, walking and biking paths, lakes, recreation, community events, and the nation's largest collection of cherry blossom trees. Residents can enjoy one of Essex County's most treasured destinations just steps from home.Forest Hill is one of Newark's quieter residential communities, known for its tree-lined streets and historic architecture. The Branch Brook Park Light Rail station is approximately 0.3 mile away and provides service to Newark Penn Station, where commuters can connect to PATH and NJ Transit trains for easy access to New York City. NJ Transit bus routes 27 and 99 also stop at Heller Parkway and Forest Hill Parkway, just steps from the property.Move right into this well-located condo and enjoy updated interiors, convenient first-floor living, park-front surroundings, and excellent access to transportation.

63 Forest Hill Pkwy Unit K1, Newark

Listing courtesy of Listing Agent: Tamayo Oppenheimer (tamayo@silverandoak.com) from Listing Office: Silver and Oak Realty.

$355,000

3 Beds ⋅ 2 Baths ⋅ Mount Prospect Manor BLDG.

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.

363-377 Mt Prospect Unit 2AW, Newark

Listing courtesy of Listing Agent: Carmen Jimenez (cjimenez116@aol.com) from Listing Office: RE/MAX Professionals 1.

$375,000

2 Beds ⋅ 2 Baths

Single Family Home in Ironbound with 2 Bedrooms, 2 bathrooms, Livingroom and Eat-in Kitchen, newly painted. Home in good condition but need some renovation. Home Sold AS-IS. Finished basement with one extra room, bathroom and laundry room. Heating - baseboard heater. Street parking, close to schools. Cozy and private backyard. Come see!

14 Lentz Ave, Newark

Listing courtesy of Listing Agent: Claudia Forster () from Listing Office: Century 21 Venture Real Estate-Kearny.

$650,000

9 Beds ⋅ 5 Baths

Great opportunity in Newark's Fairmount section! This spacious 3-family property features a total of 9 bedrooms and 5 bathrooms, offering generous living space and flexibility for a variety of permitted uses. The property features hardwood floors throughout, well-sized units, and a layout with strong potential for rental income or owner occupancy. Conveniently located near major highways, public transportation, local colleges, shopping, and other Newark amenities. Whether you're looking for an owner-occupied property or an addition to your investment portfolio, this property offers a great combination of space, location, and potential. Come turn this house into your home before somebody else does!

78 S 13th St, Newark

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

$829,000

4 Beds ⋅ 4 Baths

Located in the highly desirable Ironbound section of Newark, this 4-family property presents an excellent opportunity for investors or owner-occupants looking to generate rental income. Ideally situated in a vibrant neighborhood, the property offers convenient access to public transportation, Newark Penn Station, major highways, shopping, restaurants, and local amenities. A prime location in one of Newark's most sought-after neighborhoods, offering excellent potential for long-term investment. Don't miss this opportunity to own a property in the heart of the Ironbound!

284 Adams St, Newark

Listing courtesy of Listing Agent: James Rosa () from Listing Office: Rosa Agency-Ironbound, LLC.

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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 Century 21 AG Realty Group 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. “2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”