Income-producing, well-maintained property located in Newark's highly desirable Ironbound section. Fully rented and sold in "As Is condition, this unique investment opportunity features a front multi-family residence plus a separate rear single-family home, offering excellent flexibility for owner occupancy or additional rental income potential. The first-floor unit features 1 bedroom, a living room, an eat-in kitchen, and a full bath, plus an additional 4 rooms and a second full shower bath on the lower level. Additional highlights include central air conditioning, forced-hot-air heating, updated water heaters, and a laundry hookup. The second-floor unit offers 2 bedrooms, an eat-in kitchen, a full bath, laminate and ceramic flooring, updated plumbing, gas heat, window A/C units, and a newer water heater. Tenant pays for electricity and 40% of gas expenses. The rear single-family home features an open-concept living and dining area, modern kitchen with stainless steel appliances, half bath, 2 bedrooms, skylights, full bath, hardwood flooring, central A/C and heat, tankless water heater, and a covered outdoor area. Additional property features include a fenced yard, gated access, and a storage shed. Conveniently located near Newark Penn Station, major highways, Newark Liberty International Airport, restaurants, shopping, and Newark's business district.
Active
Price cut: $5K (6/19)
$965,000
38 Delancy St, Newark City, NJ 07105
9beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Front multi-family residenceEat-in kitchenSeparate rear single-family homeCentral air conditioningGated accessGas heatForced-hot-air heating
- 93 days |
- 229 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Carlos A Soares 201-991-1300,
C-21 Semiao & Associates
Source: GSMLS,MLS#: 4016791
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4.1
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- 3 Units, Baseboard - Hotwater, Forced Air, Natural Gas
Cooling
- 2 Units, Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Instant Hot Water, Gas Water Heater
- Laundry: Laundry Room
Features
- Bedrooms, Eat-in Kitchen, Living Room, Pantry, Master Bedroom, Eat-In Kitchen, Storage, Living/Dining Room, Sunroom, Utility Room
- Flooring: Tile, Wood
- Doors: Storm Door(s)
- Windows: Skylight(s)
- Basement: Yes,Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None, On-Street Parking
- Has uncovered spaces: Yes
Features
- Levels: 3-Three Story
- Stories: 3
- Exterior features: Barbecue, See Remarks
- Fencing: Privacy,Wood
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 109.3
- Features: Level
Details
- Additional structures: Storage Shed
- Parcel number: 1614009490000000480000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Composition Shingle, Vinyl Siding
- Roof: Composition Shingle,Rubber
Condition
- Year built: 1900
- Major remodel year: 2023
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Garbage Included
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $410,800
- Annual tax amount: $16,427
- Date on market: 3/26/2026
- Exclusions: Tenants' personal property
- Total actual rent: 4557
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $965,000-0.5% |
Source:  NJMLS #26010062 Report a problem | ||
| 5/12/2026 | Price change | $970,000-0.5% |
Source:  GSMLS #4016791 Report a problem | ||
| 4/15/2026 | Price change | $975,000-0.5% |
Source: GSMLS #4016791 Report a problem | ||
| 3/26/2026 | Listed for sale | $980,000+92.2% |
Source: GSMLS #4016791 Report a problem | ||
| 11/18/2018 | Listing removed | $2,300 |
Source: Zillow Rental Network Report a problem | ||
| 10/11/2018 | Listed for rent | $2,300 |
Source: Zillow Rental Network Report a problem | ||
| 5/31/2018 | Sold | $510,000+2.2% |
Source: GSMLS #3450773 Report a problem | ||
| 4/17/2018 | Listed for sale | $499,000 |
Source: ROSA AGENCY #3450773 Report a problem | ||
| 4/17/2018 | Pending sale | $499,000 |
Source: ROSA AGENCY #3450773 Report a problem | ||
| 3/2/2018 | Listed for sale | $499,000+21.7% |
Source: ROSA AGENCY #3450773 Report a problem | ||
| 2/9/2006 | Sold | $410,000+2057.9% |
Source: Public Record Report a problem | ||
| 7/15/1994 | Sold | $19,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,428 +5.2% | $410,800 |
| 2024 | $15,623 +0.1% | $410,800 |
| 2023 | $15,610 | $410,800 |
| 2022 | $15,610 | $410,800 |
| 2021 | $15,610 +1% | $410,800 |
| 2020 | $15,450 +117.5% | $410,800 |
| 2019 | $7,104 | $410,800 +58.2% |
| 2018 | $7,104 -20.5% | $259,600 |
| 2017 | $8,930 +4% | $259,600 |
| 2016 | $8,590 +6.7% | $259,600 |
| 2015 | $8,050 +5% | $259,600 |
| 2014 | $7,666 -16.4% | $259,600 |
| 2013 | $9,165 +3.7% | $259,600 -2.2% |
| 2012 | $8,836 +4.7% | $265,500 |
| 2011 | $8,443 +16.1% | $265,500 |
| 2010 | $7,272 +5.4% | $265,500 |
| 2009 | $6,900 +4.4% | $265,500 |
| 2008 | $6,611 | $265,500 |
| 2007 | $6,611 | $265,500 |
| 2006 | -- | $265,500 |
| 2005 | -- | $265,500 |
| 2004 | $5,735 | $265,500 |
| 2003 | -- | $265,500 +2208.7% |
| 2002 | -- | $11,500 |
| 2001 | -- | $11,500 |
Find assessor info on the county website
Monthly payment
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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.
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Climate risks
Neighborhood: North Ironbound
Nearby schools
GreatSchools rating
- 6/10Oliver Street Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 0.4 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.4 mi
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- New Jersey
- Essex County
- Newark
- 07105
- North Ironbound
- 38 Delancy St
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