105 Jefferson St
Newark City, NJ 07105
Price: $849,000
GSMLS: 4028910Type: Multi-Family
Style: 2-Two Story
Total Units: 3
Beds: 6
Baths: 4 Full
Garage: No
Year Built: 1900
Acres: 0.07
Property Tax: $9,081
Description
Prime investment opportunity with $84k gross income per year, or ideal for owner-occupant in Newark, NJ's highly coveted Ironbound district. Just blocks from Newark Penn Station with direct access to NYC, this well-maintained two-family brownstone, complete with a fully finished basement apartment, offers exceptional income potential and enduring value. Each expansive unit features three bedrooms, including one primary en-suite, and generously sized walk-in closets perfectly suited for today's live/work lifestyle. Dramatic twelve-foot ceilings, abundant natural light, and original stained glass windows elevate the interiors with timeless architectural character, while updated eat-in kitchens with custom cabinetry, stainless steel appliances, and refined finishes deliver modern functionality. Hardwood, marble, and ceramic flooring run throughout, reinforcing both quality and durability. The private, fenced backyard is a true differentiator - an urban retreat featuring a built-in BBQ, brick fire pit, and multiple seating areas designed for entertaining and tenant enjoyment alike. Positioned between Ferry and Lafayette Streets in the heart of Newark's vibrant Ironbound district, this property is surrounded by acclaimed dining, caf s, shopping, and major transportation. A rare offering that combines strong rental income, multi-family flexibility, and long-term appreciation in one of Newark's most dynamic neighborhoods.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Finished
Interior:
Blinds, High Ceilings, Shades, Stain Glass Windows, Tile Floors, Walk-In Closet, Window Treatments, Wood Floors
Roof:
Flat
Exterior:
Brick
Lot Size:
28X106.4
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Den, Eat-In Kitchen, Living Room, Master Bedroom, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Den, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
n/a
Room Description:
See Remarks
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
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:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
1 Unit, Central Air, Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, 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:
$849,000
Tax Amount:
$9,081
Land Assessment:
$78,000
Build. Assessment:
$149,100
Total Assessment:
$227,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4028910
List Date:
05-20-2026
Days On Market:
1
Listing Broker:
PROMINENT PROPERTIES SIR
Listing Agent:
Andreia Santos
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
