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  • $985,000

    287 New York Ave, Newark City, NJ 07105

    10beds
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    Multi Family
    Built in 1922
    -- 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!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Augusto Verissimo 201-293-6333,

    Weichert Realtors - Home City

    Source: GSMLS,MLS#: 4041869MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • 4+ Units, Baseboard - Hotwater, Radiators - Steam, Natural Gas
      Appliances
      • Included: Exhaust Fan, Kitchen Exhaust Fan, Gas Water Heater
      Features
      • Bedrooms, Kitchen, Living/Dining Room, See Remarks
      • Flooring: Carpet, Tile, Wood
      • Basement: Yes,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: None, Detached Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: See Remarks, Sidewalk
      Lot
      • Size: 5,000 Square Feet
      • Dimensions: 50 x 100
      • Features: Level
      Details
      • Parcel number: 1614009860000000510000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, Brick
      • Roof: Flat
      Condition
      • Year built: 1922

      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
      • Subdivision: Ironbound
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $376,800
      • Annual tax amount: $15,068
      • Date on market: 7/20/2026
      • Total actual rent: 7137
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/20/2026Listed for sale$985,000
        Source: GSMLS #4041869 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        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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