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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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172 Chestnut St , Newark City, NJ 07105
$699,000
Est. Payment: $3,557.36/mo
4 Bed
3 Bath
0 Sqft
Status: pending | Days on site: 41
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

Welcome to 172 Chestnut Street, an incredible two-family opportunity in Newark's ultra-sought-after Ironbound neighborhood! This versatile and income-producing property is perfect for investors or a savvy buyer seeking long-term value! The updated exterior, covered front porch, and wide concrete driveway reflect the care and upkeep throughout the home! The first-floor unit features two bedrooms, a sun filled living room, spacious eat-in kitchen, and a full bathroom. This unit is equipped with central heating and cooling, offering year-round comfort. The second-floor unit offers a similar layout with two bedrooms, a bright living area, full bathroom, and an eat-in kitchen, complemented by central cooling and baseboard heating. The walk-out finished basement adds valuable bonus space, complete with a recreation area, full bathroom, and laundry room! Outside, the property truly stands out with a wide driveway and garage perfect for additional storage - an undeniable premium in the Ironbound! This property checks all the boxes with its prime location and thoughtful updates! This is a rare find in a vibrant, in-demand neighborhood! Just minutes from the Ironbound's best restaurants, shops, and everyday conveniences! Plus easy access to Newark Penn Station and Newark International Airport - this home makes commuting a breeze!
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Highlights

Listed by CATARINA GOMES , MP RE/MAX LIFETIME REALTORS , 908-688-2828. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.06

Year Built

1912

County

Essex

Listing ID

4022357

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Central Air
Fireplaces:
Basement:Finished,Full,Walkout
Other:Public Water

Exterior Features

Lot Dimensions:25X105
Roof:Asphalt Shingle, Flat
Others:Vinyl Siding,1 Car Width,2 Car Width,Concrete,Driveway-Exclusive
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$3,557
Taxes
$629

Home Price

$699,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$139,800
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:
$3,557.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,557.36 $628.83 $0.00 $4,186.19
Yearly $42,688.27 $7,546.00 $0.00 $50,234.27
Total $1,280,648.22 $226,380.00 $0.00 $1,507,028.22

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