242 Pomona Avenue

Newark, NJ 07112

$425,000

5 bd / 3 ba

Property Tax: $6,578/year

Located in the Weequahic section of Newark, this spacious 2-family property offers strong potential for both investors and owner-occupants. The home features two units along with bonus space providing flexibility for additional living or storage. Property is being sold as is and requires TLC, presenting an excellent opportunity to renovate and add value. Each unit offers a functional layout with the ability to maximize rental income or accommodate extended living. Conveniently located near NJ Transit bus lines with access to train service to NYC. Close to major highways including I-78, Route 1&9, and the Garden State Parkway. Minutes from Newark Liberty International Airport. Near shopping, dining, parks, and everyday amenities. Ideal for those seeking a value-add opportunity in a well-established neighborhood. Buyer is responsible for CO and fire inspection.

Listed By:

Sha-Asia Jerez: (908) 664-1500,
RE/MAX First Realty II
Source: njmls, MLS#: 240259518

NJMLS Internet Data Exchange

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 SILVERMAN 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: 04/26/2026
Source: New Jersey Multiple Listing Service, Inc.

©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

Schedule a tour with a SILVERMAN agent

719 Cypress Street

6 bd / 4 ba
$1,300,000

25 Ackerman Road

6 bd / 4 ba
$2,449,000

75 Mazur Place

5 bd / 4 ba
$1,125,000

200 Stabled Way

10 bd / 10 ba
$22,500,000

675 Ramapo Valley Road

21 bd / 19 ba
$19,000,000

161 18th #4C

1 bd / 1 ba
$285,000