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416 Walnut St 3, Newark City, NJ 07105

Ironbound · Essex County

Key Facts

9Beds
4Baths
1900Year Built
0.06Lot (acres)
3Stories

Description

Exceptional investment opportunity in the Ironbound section of Newark, NJ. Spacious and versatile 9 bed / 4 full bath with a fully finished basement for recreation. This large scale property offers incredible potential for both investors or owner-occupants seeking strong rental income.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

3-Three Story

Year Built

1900

Stories

3

Lot Size

0.06 acres

Days on Market

92

MLS® Listing#

4019885

Property Features

Appliances:
Gas Water Heater
Cooling:
Window Unit(s)
Heating:
Natural Gas
Basement:
Finished
Parking:
Off Street
Construction:
Vinyl Siding
Roof:
Rubber
Utilities:
Natural Gas Available
Sewer:
Public Sewer
Water Source:
Public

HOA & Tax

Annual Tax:
$16,263 (2025)
Assessed Value:
$406,700
Parcel #:
1614-00986-0000-00017-0000-

Directions

WalnutSt, Newark, NJ, between Pulaski St and Lang St.

Affordability Calculator

$170,000

Estimated monthly payment

$4,524/mo

Principal $680,000 · Est. interest $948,661 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 38% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.

Location

  • 416 Walnut St 3, Newark City, NJ 07105

Nearby Schools

  • Ann Street School

    Elementary · 0.1 mi away

  • East Side High School

    Secondary · 0.2 mi away

  • Ironbound Catholic Academy

    School · 0.2 mi away

  • Wilson Avenue School

    Elementary · 0.2 mi away

  • Ann Street Annex

    School · 0.4 mi away

  • Lafayette Street School

    Elementary · 0.5 mi away

  • Famous Bartending School

    Secondary · 0.6 mi away

  • East Ward Elementary School

    Elementary · 0.7 mi away

  • South Street Elementary School

    Elementary · 0.8 mi away

  • Gray Charter School

    Elementary · 0.8 mi away

  • New Direction School

    Secondary · 0.9 mi away

  • Hawkins Street School

    Elementary · 0.9 mi away

  • Great Oaks Legacy Charter School

    School · 1.1 mi away

  • Americation Career and Training School

    School · 1.1 mi away

  • Newark Public Schools

    School · 1.2 mi away

  • Islamic School of New Jersey

    School · 1.2 mi away

  • Team Academy Charter School

    School · 1.2 mi away

  • Kipp New Jersey

    School · 1.2 mi away

  • Alif Muhammad's Nia School

    School · 1.2 mi away

  • Newark Day Center

    School · 1.2 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Newark City

Listing Courtesy: EXIT REALTY LUCKY ASSOCIATES - 9738177700

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GardenStateMLS. MLS® Listing#4019885. © 2026EXIT Realty®. All rights reserved.