288 Pomona Ave #3, Newark, NJ, 07112
About This Home
Coming Soon!!! Welcome to 288 Pomona Ave an exceptional legal 3 family income-producing opportunity in the highly desirable Weequahic section! Situated on a quiet dead-end street just minutes from the exciting upcoming Lionsgate Studios development, this bright and spacious 3-family home offers incredible versatility for both investors and owner-occupants.The property features 6 bedrooms with the potential for up to 7 bedrooms, 3 full bathrooms, spacious eat-in kitchens with pantry space, beautiful hardwood floors, and flexible layouts designed to maximize rental income. Unit 2 includes an enclosed porch and a den, while Unit 1 offers a bonus room that can be used as a home office or additional Storage.Whether you're looking to live in one unit while the other 2 apartments help offset your mortgage, expand your investment portfolio, or capitalize on strong rental demand, this property offers endless possibilities and excellent income-generating potential.Ideally located near schools, shopping, restaurants, parks, Newark Liberty International Airport, major highways, train stations, and convenient local and NYC transportation, this property combines location, flexibility, and long-term value in one outstanding investment. Don't miss your chance to own a multi-family property with tremendous upside in one of Newark's growing neighborhoods!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Asphalt Shingle
- Construction materials: Brick,Vinyl Siding
Notable Dates
- Major remodel year: 2018
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Eat-in Kitchen,Kitchen,Living Room,Storage,Eat-In Kitchen,Pantry,Family Room
Heating & Cooling
- Heating features: 1 Unit,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Accessibility
- Accessibility features: Handicap Modified
Details
- Parcel number: 1614037180000000100000
- Exclusions: Tenants personal Items
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: 40 x 102
Parking
- Total spaces: 6
- Parking features: 1 Car Width
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,881 | $34,572 |
| Home Insurance * | $299 | $3,588 |
| Property Taxes | $997 | $11,964 |
| Electricity | $193 | $2,318 |
| Total | $4,370 | $52,440 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Pending sale | $569,900 |
| 2026-07-25 | Listed for sale | $569,900 |
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