Newark Homes under $500,000

Welcome to Newark, New Jersey – a vibrant city steeped in rich history and cultural diversity! As the largest city in Essex County, Newark offers a unique blend of urban energy and suburban charm. Known for its dynamic arts scene, Newark is home to the New Jersey Performing Arts Center, the Newark Museum of Art, and a variety of galleries and theaters that showcase local talent and international acts alike.

But Newark is not just about culture; it’s also a city with a bright future. With ongoing revitalization efforts, new restaurants, and modern amenities, Newark is an exciting place to call home. The city boasts excellent public transportation options, making commuting to New York City a breeze, and offers easy access to major highways for those who prefer to drive.

For homebuyers seeking affordability without compromising on location, Newark presents an incredible opportunity. There are numerous charming homes available for under $500,000, making it an ideal choice for first-time buyers, families, or investors looking to tap into the city’s potential. From historic brownstones with architectural character to contemporary condos with modern finishes, Newark’s housing market is diverse and inviting.

With its rich cultural tapestry, convenient amenities, and affordable housing options, Newark is a city that welcomes you to explore and grow. Discover your dream home in this thriving community, where every street tells a story and every neighborhood has its own unique charm. Come and experience the best of Newark – your new beginning awaits!

Newest Newark Homes under $500,000

$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

Listing courtesy of Listing Agent: Kelly A. Hartnett () from Listing Office: Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair.

$450,000

4 Beds ⋅ 3 Baths

273 18th St, Newark

Listing courtesy of Listing Agent: Francis D. Thurman () from Listing Office: eRealty Advisors, Inc..

$449,000

3 Beds ⋅ 2 Baths

Fall in love from the moment you walk into this stunning, completely move-in ready 3-bedroom, 2-bathroom masterpiece. This meticulously maintained residence captures your attention the moment you step inside with elegant tray ceilings, custom crown molding, and bright recessed lighting. The spacious living areas offer a neutral, designer-approved color palette, high-quality tile, and rich flooring throughout. At the heart of the home is a brilliantly lit kitchen with ample cabinetry, pristine countertops, and a layout optimized for both daily meal prep and entertaining. The generous primary suite serves as a peaceful sanctuary with unique ceiling details and a private en-suite bath. Two additional versatile bedrooms offer excellent closet space, while both full bathrooms feature timeless tile work and contemporary vanities. With its pristine condition and highly desirable layout, this turn-key property is ready for its next chapter. Schedule your private tour today!

31-33 Voorhees St, Newark

Listing courtesy of Listing Agent: Eyal Levy () from Listing Office: Keller Williams Park Views.

$374,900

2 Beds ⋅ 3 Baths ⋅ Society Hill BLDG.

It's ready for you! Welcome to this freshly renovated 2-bedroom, 2.5-bath townhouse-style condo in Society Hill at University Heights II. New flooring and fresh paint brighten the open living and dining area, where a wood-burning fireplace and sliding doors to a balcony add to the appeal. The kitchen features new cabinetry, a new gas range and dishwasher, and recessed lighting. Upstairs, the primary bedroom has a walk-in closet and private full bath. A second bedroom and full bath offer flexibility for guests or a home office, while the second-floor laundry room has washer/dryer hookups. One assigned parking space is included. Conveniently located near Newark's universities, dining, shopping, and transit, with Science Park High School and ShopRite nearby.

26 Seton Hall Dr Unit 514, Newark

Listing courtesy of Listing Agent: Robert Bailey-Lemansky (Bob@MontclairNJRealty.com) from Listing Office: Keller Williams Suburban Realty.

$475,000

3 Beds ⋅ 2 Baths

Welcome to this private single family home in Newark's highly desirable North Ironbound neighborhood, where city convenience meets surprising indoor and outdoor space! Freshly painted throughout with newly refinished hardwood floors, this inviting home offers a warm, move-in-ready interior with an easy flow for everyday living and entertaining. The spacious kitchen opens directly to the brand-new 285-square-foot Trex deck and deep backyard, creating the perfect setup for grilling, outdoor dining, entertaining, or simply relaxing. Upstairs, you'll find three bedrooms, including a generously sized primary bedroom, along with a full hall bath. Need even more space? The large finished basement with it's own entrance and an additional full bathroom offers tremendous flexibility for a recreation room, home office, gym, guest space, or a combination of uses. Outside, the expansive new deck and deep backyard provide an unexpected amount of private outdoor space in this urban setting. Ideally located close to the Ironbound's shops, restaurants, transportation, and everyday conveniences, this home delivers the space you want with the accessibility that makes the neighborhood so sought after. Fresh, updated, spacious, and ready for its next owner!

103 Napoleon St, Newark

Listing courtesy of Listing Agent: Diane Russell () from Listing Office: Compass New Jersey, LLC-Montclair.

$400,000

2 Beds ⋅ 3 Baths ⋅ Mount Prospect Manor BLDG.

Welcome to this well maintained, multi-level townhouse in North Newark! This inviting home features two generously sized bedrooms, each with its own en-suite bathroom, offering comfort and privacy. Enjoy the beautiful rear deck, perfect for relaxing or entertaining. The home also includes access to a gated private parking lot with two dedicated parking spaces, providing added convenience and peace of mind. The unfinished basement offers endless potential for additional living space, a home office, gym, recreation room, or storage. With 2.5 bathrooms and a comfortable layout, there's nothing to do but move in and make it your own. Conveniently located with an easy commute to NYC and close to Newark's downtown arts and cultural district, Rutgers University, NJIT, dining, shopping, and more. A wonderful opportunity to enjoy comfort, convenience, private parking, and future potential in a prime North Newark location!

236 Mayor Gibson, Newark

Listing courtesy of Listing Agent: Samuel J. Burchill (sam.burchill@cbrealty.com) from Listing Office: Coldwell Banker, Wayne.

$459,900

3 Beds ⋅ 3 Baths

Welcome to 37 Emmet Street, a beautifully renovated 3-bedroom end-unit row home offering townhome-style living without the added cost of an HOA. Completely renovated in 2022, this home combines classic row-house character with modern updates, an open floor plan & comfortable everyday living. Gorgeous hardwood flooring flows throughout the main living areas. Updated Eat-In Kitchen, offers plenty of cabinet storage space, quartz countertops & Stainless Steel gas appliances, adding modern style and functionality. The flexible three-bedroom layout offers plenty of space for everyday living, a home office, guests or investment use. Two full bathrooms serve the main living levels, while the unfinished basement provides additional storage, utility, a half bath & Bilco-door access to the rear of the property. Central Air adds year-round comfort. Whether you're looking for a move-in-ready home or an investment property, this end-unit offers the feel and functionality of a townhome with the freedom of NO HOA. Conveniently located near Downtown Newark, dining, employment, cultural destinations, public transportation, the PATH, Newark Liberty International Airport & major roadways to North Jersey and NYC. An excellent opportunity for an owner occupant or investor! This one won't last.

37 Emmet St, Newark

Listing courtesy of Listing Agent: Darlene Schror () from Listing Office: Redfin Corporation.

$299,999

2 Beds ⋅ 1 Baths

Welcome to 265 S 18th St, a well-maintained 2-bedroom, 1-bath single-family home offering comfortable living space and added flexibility in Newark.The home features two bedrooms plus a bonus storage/flex room, providing additional space that can be tailored to your needs. A full basement offers even more storage and utility space, while the included washer and dryer add everyday convenience.Outside, enjoy a private yard with room to relax, entertain, or make your own. The property also benefits from an assigned on-street parking space directly in front of the home. The current owner maintains the parking assignment through the municipality; renewal, availability, fees, and requirements for a new owner are subject to municipal approval and should be independently confirmed by the buyer.Conveniently located near local shopping, schools, transportation, and major roadways, this home offers a practical opportunity for buyers looking for a well-kept single-family property with additional usable space and outdoor area.

265 18th St, Newark

Listing courtesy of Listing Agent: () from Listing Office: Realty of America LLC.

$449,999

4 Beds ⋅ 3 Baths

Get ready to fall in love with this charming single-family home tucked into a historic section of Newark. Step inside and feel right at home in the spacious living room, where a beautiful fireplace sets the perfect cozy scene, flowing effortlessly into a dedicated dining area and a well-sized kitchen finished with a gorgeous countertop. You'll immediately notice how open and roomy this home feels throughout. Head upstairs to a relaxing master bedroom with its own private master bathroom, plus two additional bedrooms and a full bath plenty of room for everyone. And wait until you see the attic: a spacious bonus space just waiting for your vision, whether that's a home office or a cozy hangout. Downstairs, the high-ceilinged basement updated with new electrical and plumbing offers even more possibility. Outside, your private driveway opens to a generous backyard with a deck and storage shed, ready for summer barbecues and quiet evenings alike. With low property taxes, easy access to highways, transit, and parks, and NYC just 30 minutes away, this one truly has it all. Move-in ready and waiting for you come see it before it's gone. This is the one!

17-19 Porter Ave, Newark

Listing courtesy of Listing Agent: Ami Y. Cruz () from Listing Office: New and Modern Group.

$482,500

5 Beds ⋅ 4 Baths

523-525 Lake, Newark

Listing courtesy of Listing Agent: Neville Parmar () from Listing Office: The Real Estate Company.

$499,900

4 Beds ⋅ 2 Baths

127 Verona Ave, Newark

Listing courtesy of Listing Agent: Peter D. Loeser () from Listing Office: Corcoran Sawyer Smith.

$165,000

1 Beds ⋅ 1 Baths ⋅ Parc West BLDG.

5 Pomona Ave Unit 4A, Newark

Listing courtesy of Listing Agent: Christian Cobo (accounting@elitebhg.com) from Listing Office: Better Homes and Gardens Real Estate Elite.

Start Your Search

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 Rock Realtors NJ 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.”