For Multi Family

10 Monroe St,Newark City, NJ 07105-2308

November 3, 2025

Great opportunity to own a four-family property in the Ironbound section. Three units offer a Living room, an eat-in kitchen, 2 bedrooms, and a bath. One unit has one bedroom. All units have separate utilities. A private backyard. It needs some TLC but offers excellent potential in a great location. Centrally located near Newark Penn Station, Liberty Airport, Parkway, Turnpike, and major highways (Rt.21,22,1,9,280 .etc.). The property is being sold strictly as-is, including tenancy. Seller will not make any repairs or offer credits. Buyer is responsible for the Certificate of Occupancy.

Property ID:PT-8652335-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 649,000 $

Bedrooms:7

Year Built:1890

Listing Details

Status: Active

Location

County: Essex

Lotsize: 35.1X95

Lot Identifier: 8

Lot Description: Irregular Lot

Lot Identifier: 8

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Partial

Acreage: 0.08

Total Baths: 4.00

Number of Units: 4

Rooms: 17

Easement/Desc: Unknown

Exterior Description: Aluminum Siding

Roof Description: Flat

Possesion: TBD

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 3

Unit 1 Beds: 1

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Rent: 1200

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 3 Levels: 3

Unit 3 Rooms: 4

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 Rent: 1200

Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 4 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 4 Levels: 4

Unit 4 Rooms: 5

Unit 4 Beds: 2

Unit 4 Baths: 1.0

Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 4 Handicap: No

Unit 4 Rent: 1050

Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Block Identifier: 2002

County Number: 16

Town Number: 1614

YB/Desc: 1890 - Approximate

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 2002

County Number: 16

Town Number: 1614

Possession: TBD

Utilities

Heat Source: Gas-Natural

Heat System: 4+ Units, Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 1614-02002-0000-00008-0000-

Tax Amount: $6,993.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $70,000.00

Building Assessment: $113,900.00

Total Assessment: $183,900.00

FHA Age Restricted: No

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Listing Details

10 Monroe St,Newark City, NJ 07105-2308

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