Listing Details

23 Nichols St,Newark City, NJ 07105-1609

  • March 15, 2026

Description

Each unit features a 2bed and 1 full bath, offering a functional layout with strong rental potential. A new furnace for each unit and a whole house water purifier were installed in2025. Property is tenant occupied and being sold strictly as-is, the buyer is responsible for all required inspections and certifications. Great opportunity for investors or buyers lookingto own in a vibrant neighborhood , blocks away from Newark Penn Station, Independence Park , minutes to EWR Airport and so much more. This property offers convenient access to public transportation and major highways. This is an opportunity to add value in one of Newark’s most sought after communities.

Details

Last Updated On: March 15th, 2026 at 11:26 pm
Property ID:PT-31830474-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 729,000 $
Bedrooms:4
Year Built:1920

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 27X90
Lot Identifier: 50
Lot Identifier: 50

Home Details

Subdivision: Ironbound
Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Finished, Full, Walkout
Acreage: 0.06
Total Baths: 3.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 15
Easement/Desc: No
Exterior Description: Aluminum Siding
Roof Description: Flat
Possesion: At closing
Unit 1 Appliances/Equipment: Dryer, Washer
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Appliances/Equipment: Refrigerator
Unit 2 Levels: 1
Unit 2 Rooms: 5
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
Block Identifier: 944
County Number: 16
Town Number: 1614
YB/Desc: 1920 - Approximate
Easement: No
Parking/Driveway Description: On-Street Parking
Block Identifier: 944
County Number: 16
Town Number: 1614
Possession: At closing

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 1614-00944-0000-00050-0000-
Tax Amount: $13,628.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Land Assessment: $73,000.00
Building Assessment: $267,800.00
Total Assessment: $340,800.00
FHA Age Restricted: No

Features

  • FencVnyl
  • Patio
  • SeeRem

Statistics

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