Under contract

$979,999

195 Walnut St, Newark City, NJ 07105

6beds

--sqft

$6,652/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$956,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Discover this well-maintained 3-family property located in the highly sought-after Ironbound section, with excellent rental potential. Perfect for investors or owner-occupants looking to generate solid income. Conveniently situated near public transportation, schools, parks, shopping, restaurants, and major highways. Property will be delivered vacant. Don't miss this opportunity to own a multi-family home in one of the most vibrant and desirable areas of the city!

88 days
78
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

3 Units, Baseboard - Hotwater, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: None

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,178 Square Feet
Dimensions: 25 x 95

Details

Parcel number: 1614009400000000270000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1900

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

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: $202,000
Annual tax amount: $8,077
Date on market: 6/2/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$956,900

$909,000 - $1.00M

$2,349/mo

Price history

Date	Event	Price
8/7/2026	Pending sale	$979,999
Source: GSMLS #4031572 Report a problem
6/2/2026	Listed for sale	$979,999
Source: GSMLS #4031572 Report a problem
6/1/2026	Listing removed	$979,999
Source: GSMLS #4001455 Report a problem
12/12/2025	Listed for sale	$979,999+1125%
Source: NJMLS #25043120 Report a problem
5/28/1999	Sold	$80,000
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,078 +5.2%	$202,000
2024	$7,682 +0.1%	$202,000
2023	$7,676	$202,000
2022	$7,676	$202,000
2021	$7,676 +1%	$202,000
2020	$7,597 +37.7%	$202,000
2019	$5,517	$202,000
2018	$5,517 -20.6%	$202,000
2017	$6,949 +4%	$202,000
2016	$6,684 +6.7%	$202,000
2015	$6,264 +5%	$202,000
2014	$5,965 -39.5%	$202,000 -31.8%
2012	$9,854 +4.7%	$296,100
2011	$9,416 +16.1%	$296,100
2010	$8,110 +5.4%	$296,100
2009	$7,696 +4.4%	$296,100
2008	$7,373	$296,100
2007	$7,373	$296,100
2006	--	$296,100
2005	--	$296,100
2004	$6,396	$296,100
2003	--	$296,100 +3467.5%
2002	--	$8,300
2001	--	$8,300