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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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116 Chapel St , Newark City, NJ 07105
$950,000
Est. Payment: $5,184.54/mo
8 Bed
5 Bath
0.06 Acres
Status: active | Days on site: 6
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3558 - 233027
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Susan Maryanski
Operator

House Description

!INVESTMENT OPPORTUNITY IN NEWARK?S IRONBOUND! Don?t miss this spacious and beautifully maintained two-family home, offering approximately 1,400 sq. ft. per apartment, plus a finished ground-level space in mint condition! The first and second floors each feature 6 spacious rooms, 3 bedrooms, and 2 full bathrooms, complemented by beautiful hardwood floors, ceramic tile, and fresh paint throughout. The ground level offers an additional 4 finished rooms and a full bathroom, providing plenty of extra space and flexibility for the new owner. Laundry facilities are conveniently located on this level as well. Parking is a breeze with a 1-car garage plus 2 additional driveway parking spaces, including a canopy.Step into the backyard and discover a wonderful space for entertaining and relaxing, featuring a custom-built masonry BBQ area with canopy?perfect for summer cookouts, gatherings, and enjoying your own private outdoor retreat. Spacious, well-maintained, and packed with possibilities, this property is a must see! Schedule your private showing today and discover everything this home has to offer.

Highlights

Listed by RAYMOND A CLARKE , MP RE/MAX OUR TOWN , 732-419-9300. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

2005

County

Essex

Listing ID

4052264

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Air Cond:2 Units,Central Air
Fireplaces:
Basement:Finished,Full,Walkout
Other:
  • ▪ Additional:Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Water:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:25X100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Barbeque, Metal Fence, Sidewalk, Storm Window(s), Brick, Vinyl Siding, 2 Car Width, Driveway-Exclusive, Off-Street Parking
Sewer:Public Sewer
Parking Features:Attached Garage,Garage Parking
Principal Interest
$5,185
Taxes
$879

Home Price

$950,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$190,000
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:
$5,184.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,184.54 $878.75 $0.00 $6,063.29
Yearly $62,214.48 $10,545.00 $0.00 $72,759.48
Total $1,866,434.30 $316,350.00 $0.00 $2,182,784.30

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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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: 2026-10-22T23:38:27.000Z

© 2026 Garden State MLS