!INVESTMENT OPPORTUNITY IN NEWARK?S IRONBOUND! Don?t miss this spacious and beautifully maintained two-family home, offering approximately 1,400 sq. ft. per apartment, plus a finished ground-level space in mint condition! The first and second floors each feature 6 spacious rooms, 3 bedrooms, and 2 full bathrooms, complemented by beautiful hardwood floors, ceramic tile, and fresh paint throughout. The ground level offers an additional 4 finished rooms and a full bathroom, providing plenty of extra space and flexibility for the new owner. Laundry facilities are conveniently located on this level as well. Parking is a breeze with a 1-car garage plus 2 additional driveway parking spaces, including a canopy.Step into the backyard and discover a wonderful space for entertaining and relaxing, featuring a custom-built masonry BBQ area with canopy?perfect for summer cookouts, gatherings, and enjoying your own private outdoor retreat. Spacious, well-maintained, and packed with possibilities, this property is a must see! Schedule your private showing today and discover everything this home has to offer.
Active
$950,000
116 Chapel St, Newark City, NJ 07105
8beds
2,811sqft
Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$338/sqft
$-- HOA
What's special
Private outdoor retreatBeautiful hardwood floorsFresh paint throughoutCeramic tile
- 24 days
- 251
- 4
Zillow last checked:
Listing updated:
Listed by:
Raymond A Clarke 732-419-9300,
Re/Max Our Town
Source: GSMLS,MLS#: 4052264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 2 Units, Forced Air, Natural Gas, Solar-Leased
Cooling
- 2 Units, Central Air
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Microwave Oven, Gas Water Heater
Features
- Bedrooms, Dining Room, Kitchen, Living Room, Eat-In Kitchen, Family Room
- Windows: Storm Window(s)
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,811
- Total interior livable area: 2,811 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, Driveway-Exclusive, Off Street, Attached Garage, Garage
- Attached garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: 3-Three Story
- Stories: 3
- Exterior features: Barbecue, Sidewalk
- Fencing: Metal Fence
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
- Features: Level
Details
- Parcel number: 1614024550000000460000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 2005
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $263,700
- Annual tax amount: $10,545
- Date on market: 9/11/2026
- Exclusions: Owners personal property
- Total actual rent: 12099
- Tenant pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $950,000+3.3%$338/sqft |
Source:  GSMLS #4052264 Report a problem | ||
| 9/7/2026 | Listing removed | $920,000$327/sqft |
Source: GSMLS #4000760 Report a problem | ||
| 12/7/2025 | Listed for sale | $920,000+136.5%$327/sqft |
Source: GSMLS #4000760 Report a problem | ||
| 2/4/2017 | Listing removed | $389,000$138/sqft |
Source: Newark - WEICHERT, REALTORS - New Group #3326601 Report a problem | ||
| 8/3/2016 | Listed for sale | $389,000+2.6%$138/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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Newark Airport
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