172 Chestnut Street Newark, NJ $ 699,000
172 Chestnut Street
$ 699,000
Recently Listed
Open House 4/25 1pm - 4pm
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172 Chestnut Street

Newark, NJ, 07105
$ 699,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 4,304

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Multi-Family Home for sale in Newark, NJ

for $699,000 with 4 bedrooms and 3 full baths.

Welcome to 172 Chestnut Street, an incredible two-family opportunity in Newark's ultra-sought-after Ironbound neighborhood! This versatile and income-producing property is perfect for investors or a savvy buyer seeking long-term value! The updated exterior, covered front porch, and wide concrete driveway reflect the care and upkeep throughout the home! The first-floor unit features two bedrooms, a sun filled living room, spacious eat-in kitchen, and a full bathroom. This unit is equipped with central heating and cooling, offering year-round comfort. The second-floor unit offers a similar layout with two bedrooms, a bright living area, full bathroom, and an eat-in kitchen, complemented by central cooling and baseboard heating. The walk-out finished basement adds valuable bonus space, complete with a recreation area, full bathroom, and laundry room! Outside, the property truly stands out with a wide driveway and garage perfect for additional storage - an undeniable premium in the Ironbound! This property checks all the boxes with its prime location and thoughtful updates! This is a rare find in a vibrant, in-demand neighborhood! Just minutes from the Ironbound's best restaurants, shops, and everyday conveniences! Plus easy access to Newark Penn Station and Newark International Airport - this home makes commuting a breeze!

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Open House

4/25/2026 1:00 PM - 4:00 PM
4/26/2026 1:00 PM - 4:00 PM
172 Chestnut Street Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 699,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,546

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26014031

Features
General
Utilities See Remarks Electricity Connected Natural Gas Connected Sep Heat
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 8
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 7546.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Basement Hook Ups
Total Bedrooms 4
Total Baths 3
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* Excluded Features

Affordability Calculator

$4,933
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
$629
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.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$699,000 Listed Price

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172 Chestnut Street, Newark, NJ, 07105 is a Multi-Family Home for sale at $699,000. 172 Chestnut Street has 4 bedrooms and 3.0 baths. The property's zip code is 07105 which is in Newark, NJ