Active

$920,000

116 Chapel St, Newark City, NJ 07105

8beds

2,800sqft

$6,245/mo

Get pre-qualified

Multi Family

Built in 2005

-- sqft lot

$922,300 Zestimate^®

$329/sqft

$-- HOA

What's special

Extra finished basementHardwood floorsCeramic tilesFreshly paintedLaundry on ground floor

Owner ready to sell. 2 family home offering 1.400 sqf each apartment, with extra finished basement in mint condition. Hardwood floors, ceramic tiles, freshly painted, with laundry on ground floor, 1 car garage, 2 additional parking spots on driveway with canopy. 1st and 2nd floors with 6 rooms, 3 bedrooms, 2 baths. Ground floor 4 rooms 1 bathroom. Backyard offers handmade blocks BBQ with canopy for private bbq and laser. A must seen.

257 days

154

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5

Heating

2 Units, Forced Air, Natural Gas, Solar-Owned

Cooling

2 Units, Central Air

Appliances

Included: Dishwasher, Microwave, Kitchen Exhaust Fan, Gas Water Heater, Solar Hot Water

Features

Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 2,800
Total interior livable area: 2,800 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Car Width, Concrete Strip, Driveway-Exclusive, Built-In Garage
Attached garage spaces: 1
Uncovered spaces: 2

Features

Levels: 3-Three Story
Stories: 3
Exterior features: Barbecue
Fencing: Metal Fence,Wood

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100
Features: Flag Lot, Level

Details

Additional structures: Storage Shed
Parcel number: 1614024550000000460000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Cinder Block, Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 2005

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Garbage Included

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Subdivision: Ironbound

Location

Region: Newark

Financial & listing details

Price per square foot: $329/sqft
Tax assessed value: $263,700
Annual tax amount: $10,028
Date on market: 12/7/2025
Total actual rent: 2100
Tenant pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Electric utility on property: Yes

Estimated market value

$922,300

$876,000 - $968,000

$2,386/mo

Price history

Date	Event	Price
12/7/2025	Listed for sale	$920,000+136.5%$329/sqft
Source: GSMLS #4000760 Report a problem
2/4/2017	Listing removed	$389,000$139/sqft
Source: Newark - WEICHERT, REALTORS - New Group #3326601 Report a problem
8/3/2016	Listed for sale	$389,000+2.6%$139/sqft
Source: Newark - WEICHERT, REALTORS - New Group #3326601 Report a problem
1/1/2016	Listing removed	$379,000$135/sqft
Source: Villa Realty Group Office Report a problem
10/9/2015	Listed for sale	$379,000+36.3%$135/sqft
Source: Villa Realty Group Report a problem
3/25/2010	Sold	$278,000-36.1%$99/sqft
Source: Public Record Report a problem
3/22/2005	Sold	$435,000+335%$155/sqft
Source: Public Record Report a problem
12/15/2003	Sold	$100,000$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,545 +5.2%	$263,700
2024	$10,029 +0.1%	$263,700
2023	$10,021	$263,700
2022	$10,021	$263,700
2021	$10,021 +1%	$263,700
2020	$9,918 +37.4%	$263,700
2019	$7,216	$263,700
2018	$7,216 -20.5%	$263,700
2017	$9,071 +4%	$263,700
2016	$8,726 +6.7%	$263,700
2015	$8,177 +5%	$263,700
2014	$7,787 -31.6%	$263,700
2013	$11,392 -16.7%	$263,700 -20.1%
2012	$13,675 +177.4%	$330,000 -19.7%
2011	$4,929	$410,900
2006	--	$410,900