526 Market St, Newark City, NJ 07105
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Under Contract

526 Market St Newark City, NJ 07105

2,613 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Subdivision Ironbound

MLS Listing ID 4049482

Annual Tax Amount $11,805

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

Well-maintained 6-family building in Newark's highly desirable Ironbound section. Incredible location with maximum rental demand, perfect for any portfolio. Fully occupied property consists of four 1BR/1BA units and two 2BR/1BA units. All layouts feature a functional living room and eat-in kitchen.Separate utilities with gas heat. Basement includes coin-operated washer and dryer for extra income/tenant convenience. Short distance to Newark Penn Station, Harrison PATH, shopping, dining, Riverfront Park, Red Bull Arena, and the Prudential Center.Most tenants are on month-to-month agreements; one lease expires in December. Property passed DSC. Sold strictly AS-IS. Buyer is responsible for the Certificate of Occupancy (C/O) and Fire Certificate.

Location

State NJ

County Essex

Zoning mixed

Rooms

Basement French Drain, Walkout

Interior

Heating Gas-Natural

Cooling No Cool

Flooring Tile, Wood

Equipment Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by WEICHERT REALTORS
Will Alfaro

Will Alfaro

Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178

+1(973) 219-5434

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526 Market St