204 Parkhurst St, Newark City, NJ 07114
Ironbound · Essex County
Key Facts
Description
Five-family investment property located in the Ironbound. The building features a well-balanced unit mix of two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, providing strong rental demand and income stability. Ideal for investors seeking a steady, income-producing asset with diversified residential cash flow. Property offers long-term upside potential with the ability to increase rents over time. Conveniently located near major highways, public transportation, schools, and local amenities. Situated in a growing area of Newark with ongoing redevelopment.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1970
Stories
3
Lot Size
0.06 acres
Ownership
Fee Simple
MLS® Listing#
4023770
Property Features
- Cooling:
- Window Unit(s)
- Heating:
- Baseboard, Natural Gas
- Flooring:
- Tile, Vinyl
- Basement:
- Full
- Parking:
- On Street
- Lot Features:
- Level
- Construction:
- Brick, Wood Siding
- Security:
- Smoke Detector(s)
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $12,936 (2025)
- Assessed Value:
- $323,500
- Parcel #:
- 1614-01164-0000-00041-0000-
Directions
Between Goble and Dawson
Affordability Calculator
$239,000
Estimated monthly payment
$6,360/mo
Principal $956,000 · Est. interest $1,333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $616,435
- Median Listing Price
- 49
- Median Days on Market
- 1,383
- Median Sq Ft
- $423
- Median Price / Sq Ft
- 3,208
- Active Listings
- This home’s price is 94% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 204 Parkhurst St, Newark City, NJ 07114
Walk Score
Nearby Schools
South Street Elementary School
Elementary · 0.2 mi away
Alif Muhammad's Nia School
School · 0.4 mi away
East Ward Elementary School
Elementary · 0.4 mi away
New Direction School
Secondary · 0.4 mi away
Link Community Charter School
Secondary · 0.5 mi away
Great Oaks Legacy Charter High School
Secondary · 0.6 mi away
Miller Street Elementary School
Elementary · 0.7 mi away
Gray Charter School
Elementary · 0.7 mi away
Ironbound Catholic Academy
School · 0.7 mi away
East Side High School
Secondary · 0.7 mi away
Lafayette Street School
Elementary · 0.8 mi away
Great Oaks Legacy Charter School
School · 0.8 mi away
Newark Day Center
School · 0.8 mi away
Louise A. Spencer Elementary School
Elementary · 0.9 mi away
Quitman Community School
Elementary · 0.9 mi away
Ann Street School
Elementary · 0.9 mi away
Newark Educators Community Charter School
Elementary · 0.9 mi away
Samuel L Berliner School
School · 0.9 mi away
Famous Bartending School
Secondary · 1.0 mi away
American History High School
Secondary · 1.0 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: EXIT REALTY LUCKY ASSOCIATES - 9738177700