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Lynn Fitzgerald

lynn@lynnfitzgerald.com +1(732) 983-1018

$849,000

Est. payment - /mo

6 Beds

4 Baths

3,049 Sqft Lot

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Ironbound

MLS Listing ID 4028910

Style 2-Two Story

Bedrooms 6

Full Baths 4

Year Built 1900

Annual Tax Amount $9,081

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Prime investment opportunity with $84k gross income per year, or ideal for owner-occupant in Newark, NJ's highly coveted Ironbound district. Just blocks from Newark Penn Station with direct access to NYC, this well-maintained two-family brownstone, complete with a fully finished basement apartment, offers exceptional income potential and enduring value. Each expansive unit features three bedrooms, including one primary en-suite, and generously sized walk-in closets perfectly suited for today's live/work lifestyle. Dramatic twelve-foot ceilings, abundant natural light, and original stained glass windows elevate the interiors with timeless architectural character, while updated eat-in kitchens with custom cabinetry, stainless steel appliances, and refined finishes deliver modern functionality. Hardwood, marble, and ceramic flooring run throughout, reinforcing both quality and durability. The private, fenced backyard is a true differentiator - an urban retreat featuring a built-in BBQ, brick fire pit, and multiple seating areas designed for entertaining and tenant enjoyment alike. Positioned between Ferry and Lafayette Streets in the heart of Newark's vibrant Ironbound district, this property is surrounded by acclaimed dining, caf s, shopping, and major transportation. A rare offering that combines strong rental income, multi-family flexibility, and long-term appreciation in one of Newark's most dynamic neighborhoods.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Interior Features Blinds, High Ceilings, Shades, Stain Glass Windows, Tile Floors, Walk-In Closet, Window Treatments, Wood Floors

Heating Gas-Natural

Cooling 1 Unit, Central Air, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

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Listed by PROMINENT PROPERTIES SIR

Nearby School & Business

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Lynn Fitzgerald

+1(732) 983-1018

Team Lead | Realtor® | License ID: 0123770

Team Lead | Realtor® License ID: 0123770

105 Jefferson St Newark City, NJ 07105

Lynn Fitzgerald

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information