$1,100,000
( $330.00Per Sq Foot )
$5,905 est/mo Sourced by Back At You41 Lentz Ave,Newark City, NJ 07105
Newark City, NJ 07105
Description
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.
Details
| MLS # | 4038462 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 72 |
| Listing Provided By | EXIT REALTY LUCKY ASSOCIATES | CANDIDO COUTO |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Zoning | R3 |
Taxes
| Property | 8941 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07105 |
| Area | Essex |
| Community Name | Ironbound |
| Listing VS Median (in Ironbound) | |
Price: $1,100,000 low | high Med: $327,450 On site: 72 low | high Med: 272 | |
Market Activity 07105
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07105 |
| Area | Essex |
| Community Name | Ironbound |
| Listing VS Median (in Ironbound) | |
Price: $1,100,000 low | high Med: $327,450 On site: 72 low | high Med: 272 | |
Nearby Listings (Within 1/10 mile)
Price: $825K - $1.375M
sqft: 0 - 0
Listing Updated: August 25, 2026 at 2:58:28 PM PDT