Listing Notes
"Prime Investment Opportunity in Newark's Desirable Ironbound Section. This well-maintained four-family residence offers an exceptional value-add or turn-key opportunity for the savvy investor. Each of the four units features a functional 3-room layout, maximizing rental appeal. The property boasts significant premium amenities rarely found in this high-demand neighborhood, including a full basement with dedicated tenant storage, expansive rear parking, and two private detached garages. Situated in a high-occupancy area with easy access to Penn Station, local dining, and major transportation hubs, this asset is positioned for strong cash flow and long-term appreciation."
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $487,000 to $1,100,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 84 Union St Apt C2 | $487,000 | 3 bd · 3 ba |
| 353A Adams St | $499,000 | 3 bd · 4 ba |
| 188 Pennington St | $499,000 | 4 bd · 3 ba |
| 94 Elm Rd | $524,000 | 4 bd · 3 ba |
| 332 Lafayette St | $599,000 | 5 bd · 3 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 |
| 255 E Kinney St | $640,000 | 3 bd |
| 250 Elm St | $680,000 | — |
| 250-252 Elm St | $680,000 | — |
| 172 Chestnut St | $699,000 | 4 bd · 3 ba |
| 63 Warwick St | $720,000 | 8 bd · 4 ba |
| 99 Bruen St | $749,999 | 5 bd · 4 ba |
| 390 Lafayette St | $750,000 | 6 bd · 4 ba |
| 149 Union St | $849,000 | 7 bd · 3 ba |
| 143 Walnut St | $849,000 | 8 bd · 5 ba |
| 351 Mulberry St | $849,900 | 6 bd · 4 ba |
| 416 Walnut St Apt 3 | $850,000 | 9 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 |
| 80 Elm St | $1,100,000 | 11 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more