237 Astor St Newark, NJ $ 1,495,000
237 Astor St
$ 1,495,000
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237 Astor St

Newark, NJ, 07114
$ 1,495,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,205

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Commercial Property for sale in Newark, NJ

for $1,495,000 with 6 half baths. This building was built in 1950 on a lot size of 0.06.

Turnkey 6-Family investment property located in the highly sought-after Ironbound section on Newark. This well maintained building features six spacious 2-bedroom, 1-bath apartments, all fully occupied, providing immediate and stable rental income. Situated in a prime location close to major highways, public transportation, shopping, and dining, this property is ideal for investors or owner occupants seeking long-term appreciation and consistent cash flow in one of Newarks most vibrant neighborhoods. Full unfinished basement.

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Commercial Active

Price

$ 1,495,000

Half Bath

6

Property Type

Commercial

Taxes

$ 15,796

Style

Apartment Complex

Lot Size

0.06

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

4023720

Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating 4+ Units Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric Gas In Street
Possession at closing
Roof Flat
Zoning MX-2
Garage Spaces 0
Year Built 1950
Township Newark City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area
County Essex
Operating Expense 30521
Subdivision Name Ironbound
Status Active
Directions Astor Street between Goble and Avenue C
Number Of Units Total 6
Tax Annual Amount 15796
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 395000
Town # 1614
Tax Lot 34
Cap Rate 6.20
Farm Assessment No
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Interior
Basement Full Storage Unfinished
Flooring Tile Vinyl-Linoleum
Fuel Type Electric Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Vinyl Siding
Building Area Total 0
Lot Dimensions 32.3X75
Lot Size Acres 0.06
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* Excluded Features
List By
PATRICK DWYER

Listing Agent

Exit Realty Lucky Associates

Broker

patrick.dwyer@luckyrealty.com

Email

Affordability Calculator

$10,521
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
$1,316
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$1,495,000 Listed Price

Map


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237 Astor St, Newark, NJ, 07114 is a Commercial Property for sale at $1,495,000 with a lot size of 0.06. 237 Astor St was built in 1950. The property's zip code is 07114 which is in Newark, NJ