38 Delancy St
Newark City, NJ 07105
Price: $975,000
GSMLS: 4016791Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 4 Full & 1 Half
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $16,427
Description
Open House Today 1PM–2:30PM.
Investment opportunity in a prime Ironbound location. Sold "As Is. Unique layout offers a front multi-family plus a separate rear single-family perfect for maximizing income, flexibility, and long-term value. Front Unit 1 (1st floor + lower level) lives like an expanded residence: 1 bedroom, living room, eat-in kitchen, full bath, plus 4 additional bedrooms and a second full bath below: Central A/C, forced-air heat, updated water heaters, and laundry hookup (tenant-owned). Unit 2 (2nd floor) features 2 bedrooms, an eat-in kitchen, a full bath, laminate/ceramic flooring, gas heat, window A/C, updated plumbing, and a newer water heater. Tenant pays electric and 40% gas. The rear home is ideal for owner-occupancy or premium rent: open-concept living, half bath, and modern kitchen with stainless steel appliances. The second floor offers 2 bedrooms, skylights, and a full bath. Hardwood floors, central A/C/heat, and tankless water heater. Covered outdoor area adds lifestyle appeal. Additional highlights include a fenced yard with gated access and a storage shed. Walk to Newark Penn Station (NYC-25 min), near major highways, Newark Airport, top dining, shopping, and a fast-growing business district.General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Finished, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Skylight, Smoke Detector, Tile Floors, Wood Floors
Roof:
Composition Shingle, Rubberized
Exterior:
Brick, Composition Shingle, Vinyl Siding
Lot Size:
25X109.3
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
None, On-Street Parking
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
5
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Pantry, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
2
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Sunroom, Utility Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Instant Hot Water, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Hotwater, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Garbage Included
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$975,000
Tax Amount:
$16,427
Land Assessment:
$67,900
Build. Assessment:
$342,900
Total Assessment:
$410,800
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4016791
List Date:
03-25-2026
Days On Market:
23
Listing Broker:
C-21 SEMIAO & ASSOCIATES
Listing Agent:
Carlos A Soares
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
