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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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287 New York Ave , Newark City, NJ 07105
$985,000
Est. Payment: $5,012.87/mo
10 Bed
5 Bath
0 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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!
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Highlights

Listed by AUGUSTO VERISSIMO , OP WEICHERT REALTORS - HOME CITY , 201-293-6333. Garden State MLS

Property Type

Multi-Family

Year Built

1922

County

Essex

 Neighborhood

Ironbound

Listing ID

4041869

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:10
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Basement:Unfinished
Other:Carbon Monoxide Detector,Carpeting,Smoke Detector,Tile Floors,Wood Floors
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:50X100
Zoning:Residential
Roof:Flat
Others:See Remarks,Sidewalk,Aluminum Siding,Brick
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$5,013
Taxes
$1,256

Home Price

$985,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$197,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,012.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,012.87 $1,255.67 $0.00 $6,268.54
Yearly $60,154.43 $15,068.00 $0.00 $75,222.43
Total $1,804,633.04 $452,040.00 $0.00 $2,256,673.04

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS