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41 Lentz AveNewark City, NJ 07105

Ironbound · Essex County

$1,100,000List price
3,600Sq Ft
1920Year built
0.04Acre lot
12 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
85
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

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