Newark Homes under $1.5 million

Welcome to Newark, New Jersey, a vibrant city steeped in history and culture, offering an array of opportunities for homebuyers looking for properties under $1.5 million. Nestled in Essex County, Newark is not just the largest city in New Jersey; it’s a thriving hub of art, education, and innovation.

Newark boasts a rich tapestry of neighborhoods, each with its own unique charm. From the historic brownstones of the Ironbound district, known for its diverse culinary scene, to the modern lofts in the downtown area, there’s a home for every taste and lifestyle. The city is also home to several parks, museums, and cultural institutions, such as the Newark Museum of Art and the New Jersey Performing Arts Center, making it an ideal place for families and individuals who appreciate the arts.

For those seeking homes under $1.5 million, Newark presents a fantastic selection. Whether you’re interested in a spacious single-family home with a backyard for entertaining or a chic condo with city views, the market here is diverse and dynamic. Many properties come with modern amenities and are located within close proximity to public transportation, making commuting to New York City a breeze.

With a strong sense of community and ongoing revitalization efforts, Newark is not just a place to live; it’s a place to thrive. Explore the possibilities of calling this remarkable city your home, where urban living meets suburban charm, all within an affordable budget. Discover your dream home in Newark today!

Newest Newark Homes under $1.5 million

$850,000

11 Beds ⋅ 6 Baths

Amazing opportunity to own an unbelievably spacious 3-family property in Newark! This massive gated property offers tremendous potential and is ideal for investors or buyers looking for a large multifamily home. The 1st fl unit features 2 bedrooms, while the 2nd fl offers 4 bedrooms and the 3rd fl features 5 bedrooms. Each unit includes 2 full baths, laundry, eat-in kitchen and unbelievably large living and dining areas with an open concept layout. The property needs TLC but offers incredible space and possibilities. Buyers interested in potentially expanding the property's use to a 4 or 5 family. located in a developing area of Newark with easy access to public transportation. Property is being sold strictly AS IS. No FHA financing. Investors and cash buyers are welcome.

787-789 Clinton, Newark

Listing courtesy of Listing Agent: Sherie Hinnant () from Listing Office: Essential Real Estate.

$689,500

7 Beds ⋅ 4 Baths

Welcome to a c. 1920 Dutch Colonial Revival in Newark's Forest Hill Historic District, two blocks from Branch Brook Park. Gambrel roof, sage green trim, covered front porch, and second-floor balcony. Inside: hardwood floors, original trim and cornice work, pocket doors, a fireplace, and a refinished kitchen with stainless appliances and a farmhouse sink. The home has 7 bedrooms and 4 baths, including a rain-shower hall bath and an original clawfoot tub. Outside are a large fenced yard, a back porch, a wide driveway, and a detached garage. Close to the Light Rail, Route 280, Montclair, and NYC buses.

786-788 Lake St, Newark

Listing courtesy of Listing Agent: Lesley Cecchi () from Listing Office: EXP Realty, LLC.

$899,000

5 Beds ⋅ 4 Baths

Step inside timeless elegance and charm - this Dutch Colonial features a spacious floor plan with rich herringbone parquet hardwood floors, coffered ceilings, custom woodwork, French doors, and intricate artisanal moldings. The house has 5 bedrooms, 2 full baths and 2 half baths. Situated on an 8,500-square-foot corner lot at Ridge Street and Abington Avenue, the property features beautifully manicured landscaping, a detached 2-car garage, and a full unfinished basement offering massive storage or customization potential. Enjoy the perfect balance of suburban tranquility and urban convenience, located just three blocks away from the iconic cherry blossoms of Branch Brook Park. Quick and easy commute to NYC via the light-rail, rail or bus and surrounding metro area. Don't miss this rare opportunity in Forest Hill!

415 Ridge St, Newark

Listing courtesy of Listing Agent: Michael Ciavarella () from Listing Office: Howard Hanna Rand Realty.

$950,000

8 Beds ⋅ 5 Baths

BRAND NEW CONSTRUCTION! Newly built two-family home in Newark featuring a flexible ground-level area with 2 rooms and a full bath. The space offers additional versatility for uses permitted by applicable zoning and occupancy requirements. 3 PARKING SPOTS! Built with attention to quality craftsmanship, modern finishes, and thoughtful design throughout. Ideal for owner-occupants or investors seeking a newly constructed property in a convenient location close to major transportation, shopping, and dining. Come turn this house into a home before someone else does!

388 Summer Ave, Newark

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

$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..

$799,900

6 Beds ⋅ 5 Baths

Welcome to this beautifully designed newer-construction two-family home, offering two spacious three-bedroom, two-bathroom apartments with inviting layouts and quality finishes throughout. Each unit features comfortable living spaces, well-appointed kitchens, updated bathrooms, and plenty of natural light. The fully finished ground level offers additional versatile space with a full bathroom and a separate entrance, providing added functionality and flexibility. Conveniently located near public transportation to New York City, shopping, dining, and major roadways, this property combines modern exterior design with comfortable interiors and everyday convenience. Whether you're looking for a multi-family home to live in while generating rental income or an investment property with great potential, this is an opportunity worth exploring.

478 S 16th St, Newark

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

$625,000

2 Beds ⋅ 3 Baths

Beautifully updated mixed use opportunity in the heart of north Newark. Tons of foot traffic making the retail a strong location. Four finished floors (2 vacant units) leaving so much room for potential and top rents. Come grab this UPDATED property before someone else does!

145 Summer Ave, Newark

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

$769,000

9 Beds ⋅ 4 Baths

Extra Large legal 3 fam, finished basement, garage, cash cow, in good condition, very large and rare home in desirable North Newark, close to parks, public transportation, shops, restaurants. BEING SOLD AS IS.

135 Ridge St, Newark

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

$749,000

8 Beds ⋅ 4 Baths

LARGE LEGAL 3 FAM, SOLD AS IS, GREAT FOR INVESTOR OR FIRST TIME HOMEBUYER/OWNER/OCCUPANT. FINISHED BASEMENT, GREAT LOCATION CLOSE TO PARKS, STORES, RESTAURANTS, PUBLIC TRANS, SCHOOLS AND MAJOR HIGHWAYS.

133 Ridge St, Newark

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

$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.

$649,000

9 Beds ⋅ 3 Baths

Cash-flowing Newark jackpot! This completely updated, turnkey multi-family property at 225 S 10th St is a rare investment or house-hack opportunity primed for immediate rental income. Step inside to find massive, light-filled living spaces featuring gleaming, rich-toned polished hardwood flooring, fresh neutral paint, and timeless modern-traditional finishes like oversized colonial trim and 6-panel doors. Designed for maximum utility and durability, the layout boasts solid wood staircases, functional kitchen spaces, and reliable standard utility setups across versatile multi-level living areas. Situated in a highly convenient Newark location close to major highways, public transit, and shopping, this high-yield asset is priced to move and perfect for savvy investors looking to secure a cash-flowing property immediately.

225 10th St, Newark

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

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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 RJC & Associates LLC 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.
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