Properties

Description

Well-maintained 6-family building in Newark's highly desirable Ironbound section. Incredible location with maximum rental demand, perfect for any portfolio. Fully occupied property consists of four 1BR/1BA units and two 2BR/1BA units. All layouts feature a functional living room and eat-in kitchen.Separate utilities with gas heat. Basement includes coin-operated washer and dryer for extra income/tenant convenience. Short distance to Newark Penn Station, Harrison PATH, shopping, dining, Riverfront Park, Red Bull Arena, and the Prudential Center.Most tenants are on month-to-month agreements; one lease expires in December. Property passed DSC. Sold strictly AS-IS. Buyer is responsible for the Certificate of Occupancy (C/O) and Fire Certificate.

Features

  • Heating System : 4+ Units, Baseboard - Hotwater
  • Cooling System : No Cool
  • Basement : Walkout, French Drain
  • Roof Deck : Flat
  • Furnished : Tile, Wood
  • Tax Assessed Valuation: 295200
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: WEICHERT REALTORS
  • Office MLS ID: 000620
  • Agent ID: 231520
  • Tax: 11805
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: mixed

Commercial For Sale

For Sale
$990,000

526 Market St, Newark City, *

  • SQFT 28 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5456386
  • Price: $990,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Year Built Description: Unknown
  • Lot Area: 28 Acre
  • Status: Active
  • Days On Market: 11

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Ironbound
  • Street: Market St
  • Street Number: 526
  • Street Direction: Between Adam At and Jackson St
  • Floor Number: 0
  • Longitude: W75° 50' 39.3''
  • Latitude: N40° 43' 55.1''
  • Internet Display Address: Yes
Property