204 Parkhurst St Newark, NJ ^$ 1,195,000

204 Parkhurst St

^$ 1,195,000

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Recently Listed

204 Parkhurst St

Newark, NJ, 07114

^$ 1,195,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 7,358

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Commercial Property for sale in Newark, NJ

for $1,195,000 with 5 half baths. This building was built in 1970 on a lot size of 0.06.

Five-family investment property located in the Ironbound. The building features a well-balanced unit mix of two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, providing strong rental demand and income stability. Ideal for investors seeking a steady, income-producing asset with diversified residential cash flow. Property offers long-term upside potential with the ability to increase rents over time. Conveniently located near major highways, public transportation, schools, and local amenities. Situated in a growing area of Newark with ongoing redevelopment.

Commercial Active

Price

^$ 1,195,000

Half Bath

Property Type

Commercial

Taxes

^$ 12,936

Style

Apartment Complex

Lot Size

0.06

Year Built

1970

Town/City

Newark

County/Region

Essex

MLS | Web ID

4023770

Features

General

Sewer Public Sewer

Construction Brick/Block Wood

Heating 4+ Units Baseboard - Hotwater

Cooling Window A/C(s)

Utilities Gas In Street

Possession closing

Roof Flat

Zoning MX-2

Garage Spaces 0

Year Built 1970

Township Newark City

Property Type Apartment Complex Apartment Complex

Tax Year 2025

Ownership Fee Simple

Location Residential Area

Gross Income 101040

County Essex

Net Operating Income 76934

Operating Expense 24106

Subdivision Name Ironbound

Status Active

Directions Between Goble and Dawson

Number Of Units Total 5

Tax Annual Amount 12936

Drive On-Street Parking

Leasable Area 0

Standard Status Active

Tax Assessed Value 323500

Town # 1614

Tax Lot 41

Cap Rate 6.40

Farm Assessment No

Interior

Basement Full

Flooring Tile Vinyl-Linoleum

Fuel Type Gas-Natural

Total Stories 3

Half Baths 5

Exterior

Lot Features Level Lot

Water Source Public Water

Total Parking 0

Exterior Description Brick/Block

Building Area Total 0

Lot Dimensions 25X104.6

Lot Size Acres 0.06

* Excluded Features

List By

PATRICK DWYER

Listing Agent

Exit Realty Lucky Associates

Broker

patrick.dwyer@luckyrealty.com

Affordability Calculator

$8,436

Per Month

Monthly Principal & Interest: $7,358
Monthly Property Taxes: $1,078
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Newark, NJ

Average List Price ^$1,267,792

Percent of Sale Price 6%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/28/2026	$1,195,000		Listed Price

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204 Parkhurst St, Newark, NJ, 07114 is a Commercial Property for sale at $1,195,000 with a lot size of 0.06. 204 Parkhurst St was built in 1970. The property's zip code is 07114 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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204 Parkhurst St

Commercial Property for sale in Newark, NJ

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