Properties

Description

Newark Ironbound, Investment opportunity 3 story 6 family building in fair condition. All 6 units have 2-bedrooms, potential to improve income making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements, long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.

Features

  • Heating System : 4+ Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Unfinished
  • Roof Deck : Flat, Rubberized
  • Furnished : Tile, Wood, Laminate
  • Tax Assessed Valuation: 223600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: EXIT REALTY LUCKY ASSOCIATES
  • Office MLS ID: 0636
  • Agent ID: 239348
  • Tax: 8941
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: R3

Commercial For Sale

For Sale
$1,100,000

41 Lentz Ave, Newark City, *

  • SQFT 25 Acre
  • Built Year 1920

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5444252
  • Price: $1,100,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 53

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Ironbound
  • Street: Lentz Ave
  • Street Number: 41
  • Street Direction: Between Ferry Street and Horatio Street
  • Floor Number: 0
  • Longitude: W75° 51' 42.6''
  • Latitude: N40° 43' 51.1''
  • Internet Display Address: No
Property