51 Richards St , Newark City, Essex 07105-4023
- $1,775,000
51 Richards St , Newark City, Essex 07105-4023
- $1,775,000
Overview
Property ID: HZ4023710
Description
Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.
Address
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Address: 51 Richards St
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07105-4023
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Area: IRONBOUND
Details
Updated on April 28, 2026 at 12:35 pm-
Property ID HZ4023710
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Price $1,775,000
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Land Area 0.08 Acres
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Garage Size x x
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Year Built 9999
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Property Status Active
Additional details
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Roof Flat
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Utilities Electric, Gas In Street
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Sewer Public Sewer
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Cooling Window A/C(s)
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Heating 4+ Units, Baseboard - Hotwater
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Flooring Tile, Vinyl-Linoleum
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County Essex
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Property Type Apartment Complex
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