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.
526 Market St, Newark City NJ 07105-2931
Property City
Newark City
Property Price
$990,000
Year Built
9999
Tax Annual Amount
$11805
TaxYear (*text)
2025
Roof (*text)
Flat
Floors No
Tile, Wood
Lot Size Area
0.06
MLS Status
Active
MLS #
4049482
Yearly Tax Rate
3.999
Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Flat
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
No Cool
GarageSpaces
0
Heating
4+ Units, Baseboard - Hotwater
Lot Size Dimensions
28X89 AVG.
Data import from
GSMLS