It's located 2 blocks away from the train station and 25 minutes ride to NYC.
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It looks like the lowest on the current market in that area is around $240,000 and ranges up to $350,000. If we just consider the listings available today, the average listing price is about $285,000. Unfortunately Trulia doesn't show any recently sold properties so hopefully this information helped a bit. However, I looked up Newark, NJ in Zillow and they were able to provide some recently closed properties but it's all over the map from low $300s to low $1Ms. The link: http://www.zillow.com/search/Search.htm?addrstrthood=&ci Contacting a local Realtor might be your best bet to get this information. Good luck!