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287 New York Ave Newark, NJ $ 985,000
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$ 985,000 Get more info
287 New York Ave
$ 985,000
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287 New York Ave

Newark, NJ, 07105
$ 985,000
Bedrooms10 Baths5.0

Monthly Estimate*

$ 6,219

287 New York Ave, Newark, NJ 07105 - Image 1
287 New York Ave, Newark, NJ 07105 - Image 2
287 New York Ave, Newark, NJ 07105 - Image 3

Multi-Family Home for sale in Newark, NJ

for $985,000 with 10 bedrooms and 5 full baths. This home was built in 1922.

GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!

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Multi-Family Active

Price

$ 985,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 15,068

Style

2-Two Story

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

4041869
Features
Interior
Interior Amenities Carbon Monoxide Detector Carpeting Smoke Detector Tile Floors Wood Floors
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 10
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General
Sewer Public Sewer
Heating 4+ Units Baseboard - Hotwater Radiators - Steam
Cooling None
Utilities Gas-Natural
Possession at closing
Roof Flat
Water Heater Gas
Zoning Residential
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1922
Garage Detached Garage
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Ironbound
Total Rooms 23
Full Baths 5
Status Active
Directions Off Pulaski St
Open Parking Spaces 0
Number Of Units Total 4
Tax Annual Amount 15068
Drive None
Standard Status Active
Tax Assessed Value 376800
Town # 1614
Tax Lot 17
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Exterior
Exterior Amenities See Remarks Sidewalk
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum Siding Brick
Lot Dimensions 50X100
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* Excluded Features
List By
Augusto Verissimo

Listing Agent

Newark - Weichert, Realtors® - Home City

Broker

Affordability Calculator

$7,475
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,219
Monthly Property Taxes
$1,256
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
7/20/2026$985,000 Listed Price

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287 New York Ave, Newark, NJ, 07105 is a Multi-Family Home for sale at $985,000. 287 New York Ave has 10 bedrooms, 5.0 baths, and was built in 1922. The property's zip code is 07105 which is in Newark, NJ

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