0
  • Property Type
  • Residential Income
  • 10
  • Bedrooms
  • 5
  • Bathrooms

287 New York Ave , Newark City, New Jersey 07105-2733

  • $985,000

Description

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 opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!

  • City: Newark City
  • State/county: NJ

Details

Updated on September 4, 2026 at 12:21 pm
  • Property ID HZ4041869
  • Price $985,000
  • Bedrooms 10
  • Bathrooms 5
  • Property Type Residential Income

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