For Multi Family

111 Pennington St,Newark City, NJ 07105-1010

January 14, 2026

Investment Opportunity Multifamily Home With 2 apartments located in the desirable ironbound Section,Ground floor is totally completed .Beautiful and original hardwood floors throughout the whose house.It is conveniently located close to shopping center and diversity of restaurants, transportation and major highways .Easy to get to Penn station or EWR Airport.. Property is being sold AS-IS

Property ID:PT-24442981-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 1,100,000 $

Bedrooms:6

Year Built:1995

Listing Details

Status: Active

Location

County: Essex

Lotsize: 35.62X100

Lot Identifier: 29.02

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished, Full

Acreage: 0.08

Total Baths: 6.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 15

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: at Closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 2.0

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

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Living/Dining Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 3

Unit 2 Baths: 2.0

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

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Kitchen, Living Room

Garage Description: Built-In Garage

Number of Garage Spaces: 1

Block Identifier: 925

County Number: 16

Town Number: 1614

YB/Desc: 1995 - Approximate

Easement: Unknown

Parking/Driveway Description: 2 Car Width

Block Identifier: 925

County Number: 16

Town Number: 1614

Possession: at Closing

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units

Cool System: Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 1614-00925-0000-00029-0002-

Tax Amount: $11,481.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $47,500.00

Building Assessment: $254,400.00

Total Assessment: $301,900.00

FHA Age Restricted: No

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Listing Details

111 Pennington St,Newark City, NJ 07105-1010

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