416 Walnut St
Newark City, NJ 07105
Price: $850,000
GSMLS: 4019885Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 4 Full
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $16,263
Description
Exceptional investment opportunity in the Ironbound section of Newark, NJ. Spacious and versatile 9 bed / 4 full bath with a fully finished basement for recreation. This large scale property offers incredible potential for both investors or owner-occupants seeking strong rental income.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Finished
Interior:
n/a
Roof:
Rubberized
Exterior:
Vinyl Siding
Lot Size:
25X100.6
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
Off-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
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
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Ironbound
Financial Considerations
List Price:
$850,000
Tax Amount:
$16,263
Land Assessment:
$71,300
Build. Assessment:
$335,400
Total Assessment:
$406,700
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4019885
List Date:
04-09-2026
Days On Market:
0
Listing Broker:
EXIT REALTY LUCKY ASSOCIATES
Listing Agent:
Fatima Soldati
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
