Skip to content

41 Lentz AveNewark City, NJ 07105

Ironbound · Essex County

$1,100,000List price
3,600Sq Ft
1920Year built
0.04Acre lot
10 weeks agoOn market

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.

Property Information

Property type
Commercial Sale
Sub-type
Multi Family
Year built
1920
Building area
3,600 Sq Ft
Lot size
0.04 acres
Ownership
Fee Simple
Days on market
76
MLS® Listing#
4038462

Property Features

Cooling
Window Unit(s)
Heating
Natural Gas
Flooring
Laminate · Tile · Wood
Basement
Full · Unfinished
Parking
On Street
Construction
Brick
Roof
Rubber
Security
Smoke Detector(s)
Utilities
Natural Gas Available
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$8,941Tax year 2025
Assessed value
$223,600
Parcel number
1614-02481-0000-00028-0000-

Directions

Between Ferry Street and Horatio Street

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.
  • $1,140,000

    Similar

    204 Parkhurst StNewark City, NJ 07114#4023770

    ActiveMulti Family4 months28 photos
  • $1,170,000

    Similar

    9,999 Sq Ft

    139 Elm StNewark City, NJ 07105#4037379

    ActiveMulti Family11 weeks2 photos
  • $990,000

    Similar

    4,032 Sq Ft

    526 Market StNewark City, NJ 07105#4049482

    ActiveMulti Family2 weeks1 photos
  • $1,000,000

    Similar

    5,619 Sq Ft

    91-95 Rome StNewark City, NJ 07105#4006891

    ActiveIndustrial7 months9 photos
  • $339,000

    Nearby< 0.1 mi

    0.04 acres

    37 Lentz AveNewark City, NJ 07105#4044597

    ActiveLand6 weeks3 photos
  • $2,500/mo

    Nearby< 0.1 mi

    3 bd, 2 ba

    35-37 Lentz Ave 1Newark City, NJ 07105#4046273

    For RentMulti Family5 weeks13 photos

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
204 Parkhurst St, Newark City, NJ$1,140,000
139 Elm St, Newark City, NJ$1,170,0009,999
526 Market St, Newark City, NJ$990,0004,032
91-95 Rome St, Newark City, NJ$1,000,0005,619