Properties

Description

EXCEPTIONAL OFFICIAL FOUR-FAMILY INVESTMENT OPPORTUNITY IN THE IRON BOUND SECTION OF NEWARK! Welcome to 74 Chamber Street, a unique and spacious four-family property offering an outstanding opportunity for investors or owner-occupants seeking versatility and income potential. The property features two separate structures a three-unit front building and a beautifully renovated single-family rear house offering a total of 14 bedrooms and 7 bathrooms. The first-floor unit in the front building has been recently renovated and is currently vacant, featuring 3 bedrooms and 1 bathroom. The second and third-floor units each offer 4 bedrooms and 1 bathroom and it is well maintained. The 4th and ALL separate rear house has also been recently renovated and features 3 bedrooms, 3 bathrooms, laundry, and a full finished basement. Both buildings offer finished basement space, adding valuable flexibility and functionality. With its substantial bedroom and bathroom count, two separate structures, and desirable Newark location, this property presents an excellent opportunity for an investor looking to expand a portfolio or an owner-occupant looking for significant income potential. A rare opportunity to acquire a large, versatile four-family property with multiple renovated spaces and tremendous potential. DON'T MISS THE CHANCE TO MAKE 74 CHAMBERS STREET YOUR NEXT INVESTMENT PROPERTY!

Features

  • Heating System : 4+ Units, Forced Hot Air
  • Cooling System : Central Air, 4+ Units
  • Basement : Finished
  • Roof Deck : Asphalt Shingle
  • Parking Description: On-Street Parking, See Remarks
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Secur
  • Tax Assessed Valuation: 328300
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: CENTURY 21 VENTURE REAL ESTATE
  • Office MLS ID: 645405
  • Agent ID: 295526
  • Tax: 13128
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$1,229,000

74 Chambers St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 14
  • Built Year 1880

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5451900
  • Price: $1,229,000
  • Bedrooms: 14
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1880
  • Year Built Description: Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 49

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Iron Bound
  • Street: Chambers St
  • Street Number: 74
  • Street Direction: BETWEEN MARKET AND FERRY STREET
  • Building Name: 2
  • Floor Number: 0
  • Longitude: W75° 50' 52.2''
  • Latitude: N40° 43' 48.2''
  • Unit Number: 4
  • Internet Display Address: No
Property