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For sale
  • $985,000

    287-289 New York Ave, Newark, NJ 07105

    9beds
    --sqft
    : 
    $6,685/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern kitchenDining areaFour spacious apartmentsTwo- and three-bedroom layoutsBeautiful hardwood floors throughout
    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!
    8 days
    |
    262
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Augusto Verissimo 201-293-6333,

    Weichert Home City Realty

    Source: NJMLS,MLS#: 26027241MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      • Full bathrooms: 5
      Appliances
      • Laundry: None

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Details
      • Parcel number: 1400986000000051

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Utilities & green energy

      • Utilities for property: Natural Gas Connected

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $376,800
      • Annual tax amount: $15,068
      • Date on market: 7/20/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/20/2026Listed for sale$985,000
        Source: NJMLS #26027241 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,068 +5.2%$376,800
        2024$14,330 +0.1%$376,800
        2023$14,318 $376,800
        2022$14,318 $376,800
        2021$14,318 +1%$376,800
        2020$14,171 +37.4%$376,800
        2019$10,311 $376,800
        2018$10,311 -20.5%$376,800
        2017$12,962 +4%$376,800
        2016$12,468 +6.7%$376,800
        2015$11,685 +5%$376,800
        2014$11,127 -25.3%$376,800
        2013$14,899 +3.7%$376,800 -12.7%
        2012$14,364 +4.7%$431,600
        2011$13,725 +16.1%$431,600
        2010$11,822 +5.4%$431,600
        2009$11,217 +4.4%$431,600
        2008$10,747 $431,600
        2007$10,747 $431,600
        2006-- $431,600
        2005-- $431,600
        2004$9,323 $431,600
        2003-- $431,600 +1793%
        2002-- $22,800
        2001-- $22,800
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Ironbound

        Getting around

        97 / 100
        Walker's Paradise
        75 / 100
        Excellent Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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