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41 Lentz Ave Newark, NJ $ 1,200,000
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$ 1,200,000 Get more info
41 Lentz Ave
$ 1,200,000
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41 Lentz Ave

Newark, NJ, 07105
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,577

41 Lentz Ave, Newark, NJ 07105 - Image 1

Commercial Property for sale in Newark, NJ

for $1,200,000 with 6 half baths. This building was built in 1920 on a lot size of 0.04.

Newark Ironbound, Investment opportunity 3 story 6 family building in fair condition. All 6 units have 2-bedrooms, potential to improve income making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements, long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.

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Commercial Active

Price

$ 1,200,000

Half Bath

6

Property Type

Commercial

Taxes

$ 8,941

Style

Apartment Complex

Lot Size

0.04

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

4038462
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession T.B.A
Roof Flat Rubberized
Zoning R3
Garage Spaces 0
Year Built 1920
Tenant Pays Cable T.V. Electric Gas Heat Hot Water
Township Newark City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area
Gross Income 84600
County Essex
Net Operating Income 59850
Operating Expense 24750
Subdivision Name Ironbound
Status Active
Directions Between Ferry Street and Horatio Street
Number Of Units Total 6
Tax Annual Amount 8941
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 223600
Town # 1614
Tax Lot 28
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Interior
Basement Full Unfinished
Flooring Laminate Tile Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 3600
Lot Dimensions 25X71.5
Lot Size Acres 0.04
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* Excluded Features
List By
CANDIDO COUTO

Listing Agent

Exit Realty Lucky Associates

Broker

couto79@hotmail.com

Email

Affordability Calculator

$8,322
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$745
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/4/2026$1,200,000 Listed Price

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41 Lentz Ave, Newark, NJ, 07105 is a Commercial Property for sale at $1,200,000 with a lot size of 0.04. 41 Lentz Ave was built in 1920. The property's zip code is 07105 which is in Newark, NJ

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