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550 Ferry St Newark, NJ $ 1,200,000
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$ 1,200,000 Get more info
550 Ferry St
$ 1,200,000
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550 Ferry St

Newark, NJ, 07105
$ 1,200,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 7,486

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Multi-Family Home for sale in Newark, NJ

for $1,200,000 with 6 bedrooms and 3 full baths. This home was built in 1975 on a lot size of 0.05.

Rare Mixed-Use Investment Opportunity: Residential + Commercial Income. Unlock exceptional cash flow and long-term upside with this unique two-property package located in a high-demand area. Features a well-maintained multifamily property, paired with a separately addressed, commercially zoned rear lot with 2 garages, measuring 29x37ft each, offering flexibility that is truly hard to find. Three-unit multifamily home with two bedrooms and one bathroom in each unit, all with separate utilities, plus parking for four cars and low taxes for the area. To be sold as a package.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,666

Style

3-Three Story

Lot Size

0.05

Year Built

1975

Town/City

Newark

County/Region

Essex

MLS | Web ID

3999174
Features
General
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater See Remarks
Cooling Window A/C(s)
Utilities Gas-Natural See Remarks
Possession at closing
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1975
Township Newark City
Tax Year 2024
Gross Income 27000
County Essex
Net Operating Income 20000
Operating Expense 7000
Total Rooms 11
Full Baths 3
Status Active
Directions Ironbound to Ferry Street
Open Parking Spaces 6
Number Of Units Total 3
Tax Annual Amount 7666
Drive Blacktop
Standard Status Active
Tax Assessed Value 201600
Town # 1614
Tax Lot 32
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Interior
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
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding Brick
Lot Dimensions 25.5X91.4
Lot Size Acres 0.05
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* Excluded Features
List By
EVANEA MIRANDA

Listing Agent

Rosa Agency

Broker

evanearosaagency@gmail.com

Email

Affordability Calculator

$8,125
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$639
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/24/2025$1,200,000 Listed Price

Map

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550 Ferry St, Newark, NJ, 07105 is a Multi-Family Home for sale at $1,200,000 with a lot size of 0.05. 550 Ferry St has 6 bedrooms, 3.0 baths, and was built in 1975. The property's zip code is 07105 which is in Newark, NJ

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