424 Walnut St Newark, NJ $ 899,000
424 Walnut St
$ 899,000
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424 Walnut St

Newark, NJ, 07105
$ 899,000
Bedrooms8 Baths3.2

Monthly Estimate*

$ 5,609

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Multi-Family Home for sale in Newark, NJ

for $899,000 with 8 bedrooms and 3 full baths, 2 half baths. This home was built in 1920 on a lot size of 0.07.

Experience the perfect blend of sophistication, comfort, and convenience with this exquisitely renovated multi-family residence, ideally situated in the highly sought-after Ironbound section of Newark. Just steps from restaurants, boutique shops, vibrant nightlife, and parks, this property offers an unparalleled urban lifestyle. Only 4 minutes away from Penn Station providing effortless access to New York City and beyond.Each apartment showcases 4 beds and 1.5 baths. The living area is designed with an open-concept layout that seamlessly integrates modern luxury and everyday functionality. The kitchen features amazing countertops, stainless steel appliances, and custom tile flooring, creating an inviting space perfect for both entertaining and culinary creativity. The basement, with a private entrance, includes a home office, family room, and a full bath ideal for guests or extended living.The exterior impresses with its classic brick facade, a long driveway for up to 6 cars, a two-car garage, and a spacious paved backyard offering privacy and comfort for outdoor gatherings Both units are equipped with central HVAC systems, ensuring year-round luxury living.Whether you're seeking a distinguished primary residence or a premium investment opportunity, this property embodies the finest in Ironbound living. With its luxury finishes, prime location, and strong rental potential, this home is a rare turnkey investment offering both immediate income and long-term appreciation.

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Multi-Family Pending

Price

$ 899,000

Bedrooms

8

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 8,393

Style

2-Two Story

Lot Size

0.07

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

3991008

Features
General
Sewer Public Sewer
Heating Cent Register Heat
Cooling Central Air
Utilities Gas-Natural
Possession At closing
Roof See Remarks
Water Heater Gas
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1920
Garage Detached Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Ironbound
Total Rooms 15
Full Baths 3
Status Under Contract
Directions Ferry St to Wilson Ave to Lang St to Walnut St
Open Parking Spaces 6
Number Of Units Total 2
Tax Annual Amount 8393
Drive 1 Car Width Concrete Driveway-Exclusive Parking Lot-Exclusive
Standard Status Under Contract
Tax Assessed Value 220700
Town # 1614
Tax Lot 22
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Interior
Basement Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.5
Unit 2 Beds Total 4
Unit 3 Baths Total 1.5
Unit 3 Beds Total 4
Fuel Type Gas-Natural
Half Baths 2
Total Bedrooms 8
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Exterior
Exterior Amenities Barbeque Sidewalk
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick
Lot Dimensions 32.11X105
Lot Size Acres 0.07
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* Excluded Features
List By
WILLIAM BARRAZA

Listing Agent

Keller Williams - Nj Metro Group

Broker

teamcoordinator@thewilliamteam.com

Email

Affordability Calculator

$6,308
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$899,000 -10.01% Price Down
10/6/2025$999,000 Listed Price

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424 Walnut St, Newark, NJ, 07105 is a Multi-Family Home for sale at $899,000 with a lot size of 0.07. 424 Walnut St has 8 bedrooms, 3.2 baths, and was built in 1920. The property's zip code is 07105 which is in Newark, NJ