287 New York Ave, Newark City, NJ 07105-2733
- $985,000
- $985,000
Overview
- Residential Income
- 10
- 5
- 2
Description
GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50′ x 100′ lot, this income-producing property is just steps from the Ironbound’s renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you’re an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark’s most vibrant and sought-after neighborhoods.Don’t miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!
Address
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Address: 287 New York Ave, Newark City, NJ 07105-2733
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City: Newark City
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State/county: NJ
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Zip/Postal Code: 07105-2733
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Area: IRONBOUND
Details
Updated on September 29, 2026 at 12:30 pm-
Property ID HZ4041869
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Price $985,000
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Bedrooms 10
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Rooms 23
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Bathrooms 5
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Garages 2
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Year Built 1922
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Property Type Residential Income
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Property Status Under Contract
Additional details
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Roof Flat
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Utilities Gas-Natural
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Sewer Public Sewer
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Cooling None
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Heating 4+ Units, Baseboard - Hotwater, Radiators - Steam
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County Essex
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Property Type Residential Income
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Architectural Style 2-Two Story
Mortgage Calculator
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