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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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51 Richards St , Newark City, NJ 07105
$1,775,000
Est. Payment: $9,033.34/mo
0 Bed
3.5 Bath
0 Sqft
Status: active | Days on site: 85
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.
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Highlights

Listed by PATRICK DWYER , MP EXIT REALTY LUCKY ASSOCIATES , 973-817-7700. Garden State MLS

Property Type

Commercial Sale
Lot/Acreage
0.08

Year Built

9999

County

Essex

 Neighborhood

Ironbound

Listing ID

4023710

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:3.5
  • ▪ Full Bathrooms:
  • ▪ 1/2 Bathrooms:7
Air Cond:Window A/C(s)
Fireplaces:
Floor:Tile,Vinyl-Linoleum
Basement:Finished,Full,Walkout
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:35X100
Garage Capacity:0
Zoning:RDV
Roof:Flat
Others:Brick/Block,Vinyl Siding
Sewer:Public Sewer
Parking Features:On-Street Parking
Principal Interest
$9,033
Taxes
$1,200

Home Price

$1,775,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$355,000
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:
$9,033.34

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,033.34 $1,199.67 $0.00 $10,233.01
Yearly $108,400.12 $14,396.00 $0.00 $122,796.12
Total $3,252,003.70 $431,880.00 $0.00 $3,683,883.70

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