For Multi Family

195 Walnut St,Newark City, NJ 07105-1215

December 20, 2025

Discover this well-maintained 3-family property located in the highly sought-after Ironbound section, with excellent rental potential. Perfect for investors or owner-occupants looking to generate solid income.Conveniently situated near public transportation, schools, parks, shopping, restaurants, and major highways.Don’t miss this opportunity to own a multi-family home in one of the most vibrant and desirable areas of the city!

Property ID:PT-21385713-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 979,999 $

Bedrooms:6

Year Built:1900

Listing Details

Status: Active

Location

County: Essex

Lotsize: 25X95

Lot Identifier: 27

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.05

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 12

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: 4

Unit 1 Beds: 2

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

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

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 3

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, Range/Oven - Gas, Smoke Detector

Unit 3 Levels: 1

Unit 3 Rooms: 3

Unit 3 Beds: 1

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

Garage Description: None

Block Identifier: 940

County Number: 16

Town Number: 1614

YB/Desc: 1900 - Approximate

Easement: Unknown

Parking/Driveway Description: None

Block Identifier: 940

County Number: 16

Town Number: 1614

Possession: at closing

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-00940-0000-00027-0000-

Tax Amount: $7,682.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $68,600.00

Building Assessment: $133,400.00

Total Assessment: $202,000.00

FHA Age Restricted: No

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Listing Details

195 Walnut St,Newark City, NJ 07105-1215

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