526 Market St, Newark City, NJ 07105
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$990,000
Est. payment /mo
2,613 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Ironbound

MLS Listing ID 4049482

Annual Tax Amount $11,805

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

Well-maintained 6-family building in Newark's highly desirable Ironbound section. Incredible location with maximum rental demand, perfect for any portfolio. Fully occupied property consists of four 1BR/1BA units and two 2BR/1BA units. All layouts feature a functional living room and eat-in kitchen.Separate utilities with gas heat. Basement includes coin-operated washer and dryer for extra income/tenant convenience. Short distance to Newark Penn Station, Harrison PATH, shopping, dining, Riverfront Park, Red Bull Arena, and the Prudential Center.Most tenants are on month-to-month agreements; one lease expires in December. Property passed DSC. Sold strictly AS-IS. Buyer is responsible for the Certificate of Occupancy (C/O) and Fire Certificate.

Location

State NJ

County Essex

Zoning mixed

Rooms

Basement French Drain, Walkout

Interior

Heating Gas-Natural

Cooling No Cool

Flooring Tile, Wood

Equipment Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by WEICHERT REALTORS

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REX Exceptional Client Care

REX Exceptional Client Care

+1(866) 742-5732

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