Listing Notes
Welcome to 172 Chestnut Street, an incredible two-family opportunity in Newark's ultra-sought-after Ironbound neighborhood! This versatile and income-producing property is perfect for investors or a savvy buyer seeking long-term value! The updated exterior, covered front porch, and wide concrete driveway reflect the care and upkeep throughout the home! The first-floor unit features two bedrooms, a sun filled living room, spacious eat-in kitchen, and a full bathroom. This unit is equipped with central heating and cooling, offering year-round comfort. The second-floor unit offers a similar layout with two bedrooms, a bright living area, full bathroom, and an eat-in kitchen, complemented by central cooling and baseboard heating. The walk-out finished basement adds valuable bonus space, complete with a recreation area, full bathroom, and laundry room! Outside, the property truly stands out with a wide driveway and garage perfect for additional storage - an undeniable premium in the Ironbound! This property checks all the boxes with its prime location and thoughtful updates! This is a rare find in a vibrant, in-demand neighborhood! Just minutes from the Ironbound's best restaurants, shops, and everyday conveniences! Plus easy access to Newark Penn Station and Newark International Airport - this home makes commuting a breeze!
Price in context
Cheaper than 42% of the 24 homes listed nearby right now, which run $415,000 to $979,999.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 39-45 Bruen St Unit 4 | $415,000 | 2 bd · 2 ba |
| 54-60 McWhorter St Unit 207 | $450,000 | 2 bd · 1 ba |
| 84 Union St Apt C3 | $474,000 | 3 bd · 3 ba |
| 84 Union St Apt C2 | $487,000 | 3 bd · 3 ba |
| 188 Pennington St | $499,000 | 4 bd · 3 ba |
| 353A Adams St | $499,000 | 3 bd · 4 ba |
| 21 Lincoln Park Unit 101 | $505,000 | 2 bd · 1 ba |
| 155 Lafayette St | $599,000 | 4 bd · 3 ba |
| 340 Adams St | $619,000 | 3 bd · 3 ba |
| 268 Walnut St | $625,000 | 4 bd · 2 ba |
| 522 Mulberry St | $629,000 | 6 bd · 3 ba |
| 255 E Kinney St | $640,000 | 3 bd |
| 250 Elm St | $680,000 | — |
| 250-252 Elm St | $680,000 | — |
| 63 Warwick St | $720,000 | 8 bd · 4 ba |
| 99 Bruen St | $749,999 | 5 bd · 4 ba |
| 143 Walnut St | $849,000 | 8 bd · 5 ba |
| 149 Union St | $849,000 | 7 bd · 3 ba |
| 351 Mulberry St | $849,900 | 6 bd · 4 ba |
| 203 Oliver St | $875,000 | 4 bd · 4 ba |
| 233-235 Adams St | $875,000 | 4 bd · 4 ba |
| 46 Goble St | $895,000 | 6 bd · 5 ba |
| 38 Delancy St | $970,000 | 9 bd · 5 ba |
| 195 Walnut St | $979,999 | 6 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more