287 New York Ave, Newark, NJ 07105

Newark
Local realty services provided by:Burgdorff ERA
287 New York Ave,Newark City, NJ 07105
$985,000
  • 10 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: augusto verissimo
Office: weichert realtors - home city201-293-6333
MLS#:4041869
Source:NJ_GSMLS

Price summary

  • Price:$985,000

About this home

GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare...

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Home facts

  • Year built:1922
  • Subdivision & Development:Ironbound
  • Listing ID #:4041869
  • Added:89 day(s) ago
  • Updated:October 18, 2026 at 08:55 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:23
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:4+ Units, Baseboard - Hotwater, Radiators - Steam

Structure and exterior

  • Roof:Flat
  • Year built:1922
  • Lot Features:Level Lot
  • Architectural Style:2-Two Story
  • Construction Materials:Aluminum Siding, Brick
  • Exterior Features:Sidewalk

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$985,000
  • Tax amount:$15,068 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector, Carpeting, Gas-Natural, Smoke Detector, Tile Floors, Wood Floors

Parking

  • Parking description:Detached Garage
  • Garage spaces:2
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 18, 2026

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