Investment Opportunity Multifamily Home With 2 apartments located in the desirable ironbound Section,Ground floor is totally completed .Beautiful and original hardwood floors throughout the whose house.It is conveniently located close to shopping center and diversity of restaurants, transportation and major highways .Easy to get to Penn station or EWR Airport.. Property is being sold AS-IS
Active
$1,100,000
111 Pennington St, Newark City, NJ 07105
6beds
--sqft
Multi Family
Built in 1995
-- sqft lot
$1,107,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 12 days |
- 205 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Lidia Mancano 201-293-6333,
Weichert Realtors - Home City
Source: GSMLS,MLS#: 4045238
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- 2 Units, See Remarks, Natural Gas
Cooling
- Central Air
Appliances
- Included: Range/Oven - Gas, See Remarks
Features
- Bedrooms, Kitchen, Living Room, Living/Dining Room, See Remarks
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, Built-In Garage, See Remarks
- Attached garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,484 Square Feet
- Dimensions: 35.62 x 100
Details
- Parcel number: 1614009250000000290002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $301,900
- Annual tax amount: $12,072
- Date on market: 8/6/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$1,107,500
$1.05M - $1.16M
$2,435/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $1,100,000 |
Source:  GSMLS #4045238 Report a problem | ||
| 4/7/2026 | Listing removed | $1,100,000 |
Source: GSMLS #4005051 Report a problem | ||
| 1/14/2026 | Listed for sale | $1,100,000+150% |
Source: GSMLS #4005051 Report a problem | ||
| 7/26/2018 | Sold | $440,000+83.3% |
Source: GSMLS #3469354 Report a problem | ||
| 11/20/1995 | Sold | $240,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,073 +5.2% | $301,900 |
| 2024 | $11,481 +0.1% | $301,900 |
| 2023 | $11,472 | $301,900 |
| 2022 | $11,472 | $301,900 |
| 2021 | $11,472 +1% | $301,900 |
| 2020 | $11,354 +112.8% | $301,900 |
| 2019 | $5,335 | $301,900 |
| 2018 | $5,335 -48.6% | $301,900 |
| 2017 | $10,385 +4% | $301,900 |
| 2016 | $9,990 +6.7% | $301,900 |
| 2015 | $9,362 +5% | $301,900 |
| 2014 | $8,915 -40.9% | $301,900 |
| 2013 | $15,092 +3.7% | $301,900 -30.9% |
| 2012 | $14,550 +4.7% | $437,200 |
| 2011 | $13,903 +16.1% | $437,200 |
| 2010 | $11,975 +5.4% | $437,200 |
| 2009 | $11,363 +4.4% | $437,200 |
| 2008 | $10,886 | $437,200 |
| 2007 | $10,886 | $437,200 |
| 2006 | -- | $437,200 |
| 2005 | -- | $437,200 |
| 2004 | $9,444 | $437,200 |
| 2003 | -- | $437,200 +1382% |
| 2002 | -- | $29,500 |
| 2001 | -- | $29,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Ironbound
Nearby schools
GreatSchools rating
- 6/10Oliver Street Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 0.7 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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