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50 Underwood St, Newark, NJ, 07106

5beds
4baths
19,998sqft
$599,000
$30price/sqft
$6,604/moest. monthly cost
$264,160/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
59
TransitGood Transit
50
BikeBikeable

Schools

6/10
1/10
West Side High SchoolGrades 9-121.5 mi
1/10
Weequahic High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Family Room,Kitchen,Eat-In Kitchen,Sunroom,Ceiling Fan(s)
  • Flooring: Wood

Heating

  • Heating features: 1 Unit,Radiators - Hot Water,Electric,Natural Gas

Interior Area

  • Total structure area: 19,998
  • Total interior livable area: 19,998 sqft

Property

Details

  • Parcel number: 1614040780000000590000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 36.2 x 90

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Detached Garage,Oversized
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 2