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$ 849,000
Est. payment | /mo
6 Beds
4 Baths
3,049 Sqft Lot
$ 849,000
Est. payment | /mo
6 Beds
4 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
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