242 Pomona Ave
Newark City, NJ 07112
Price: $425,000
GSMLS: 4017076Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: 1-Car
Year Built: 1930
Acres: 0.09
Property Tax: $6,578
Description
Open House Tuesday 5PM–7PM.
Located in the Weequahic section of Newark, this spacious 2-family property presents a great opportunity for both investors and owner-occupants. The home features two units along with bonus space that offers flexibility for storage or other permitted uses. The property is being sold as is and does require TLC, making it a value-add opportunity. Each unit has a functional layout ready for your vision. The property is ideally located near NJ Transit bus lines with access to train service into NYC. It is close to major highways, including I-78, Route 1&9, and the Garden State Parkway, and just minutes from Newark Liberty International Airport. Shopping, dining, parks, and other amenities are nearby. Buyer is responsible for CO and fire inspection.General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
40X103
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
3
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
CookGas
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$425,000
Tax Amount:
$6,578
Land Assessment:
$20,000
Build. Assessment:
$144,500
Total Assessment:
$164,500
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4017076
List Date:
03-26-2026
Days On Market:
2
Listing Broker:
RE/MAX FIRST REALTY II
Listing Agent:
Sha-asia Jerez
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: SeasonsGlenCondos.com
