38 Delancy St
Newark, NJ, 07105 $ 980,000
Bedrooms9 Baths4.1 Monthly Estimate*
$ 6,034
for $980,000 with 9 bedrooms and 4 full baths, 1 half bath. This home was built in 1900 on a lot size of 0.06.
The layout is ideal for investors or owner-occupants: a multi-family building in the front and a separate single-family residence in the rear. Front Building Unit 1 (First Floor + Lower Level): One bedroom, living room, eat-in kitchen, and full bathroom on the first floor. The lower level is rented together with the first floor, which adds 4 bedrooms and a full bathroom with a shower enclosure. Central A/C, central forced-air heat, and recently replaced water heaters. Washer/dryer hookup (tenant's machine). Front Building Unit 2 (Second Floor): Two bedrooms, an eat-in kitchen, and a full bathroom with laminate and ceramic flooring. Gas heat, window A/C, updated plumbing, and a newer water heater. Tenant pays electricity and 40% of gas. Rear Single-Family Home: Open-concept first floor with kitchen, living area, and half bath. Stainless steel appliances, including refrigerator, stove, dishwasher, and washer/dryer combo. (Homeowner machine) The second floor has 2 bedrooms, skylights, and a full bath. Hardwood floors, central heat and A/C, and a tankless water heater. Covered outdoor space perfect for seating or entertaining. Property Features: Block storage shed, large fully fenced yard with gated access. Location: Walking distance to Newark Penn Station, 25 minutes to NYC. Close to major highways and Newark Liberty International Airport. Steps from the Ironbounds' renowned restaurant scene, international shopping, and Newark's growing downtown business and technology corridor.
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FeaturesInteriorInterior Amenities Carbon Monoxide Detector Fire Extinguisher Skylight Smoke Detector Tile Floors Wood Floors
Basement Finished Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 5
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.5
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 9
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GeneralSewer Public Sewer
Heating 3 Units Baseboard - Hotwater Forced Hot Air
Cooling 2 Units Window A/C(s)
Utilities Electric Gas-Natural
Possession at closing
Roof Composition Shingle Rubberized
Water Heater Gas
Architectural Style 3-Three Story
Exclusions Tenants' personal property
Year Built 1900
Garage None On-Street Parking
Township Newark City
Tax Year 2025
Gross Income 83263
County Essex
Net Operating Income 66836
Operating Expense 16427
Total Rooms 13
Full Baths 4
Status Active
Directions McCarter Hwy Rt.21 to South St left on Pacific right on Delancy St.
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 16427
Drive None
Standard Status Active
Tax Assessed Value 410800
Town # 1614
Tax Lot 48
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ExteriorExterior Amenities Barbeque Privacy Fence See Remarks Storage Shed Storm Door(s) Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick Composition Shingle Vinyl Siding
Lot Dimensions 25X109.3
Lot Size Acres 0.06
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* Excluded FeaturesList ByCARLOS A SOARESListing Agent
C-21 Semiao & AssociatesBroker
carlossoaresc21@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,034
- Monthly Property Taxes
- $1,369
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $730,039
Percent of Sale Price 26%
About Newark, NJ 283,201 Population
4% Since 2002
$ 35,768 Median Income
34.98 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/26/2026 | $980,000 | | Listed Price |