172 Chestnut St, Newark City, NJ 07105

• 4 beds |
• 3 baths

Property Description

Welcome to 172 Chestnut Street, an incredible two-family opportunity in Newark's ultra-sought-after Ironbound neighborhood! This versatile and income-producing property is perfect for investors or a savvy buyer seeking long-term value! The updated exterior, covered front porch, and wide concrete driveway reflect the care and upkeep throughout the home! The first-floor unit features two bedrooms, a sun filled living room, spacious eat-in kitchen, and a full bathroom. This unit is equipped with central heating and cooling, offering year-round comfort. The second-floor unit offers a similar layout with two bedrooms, a bright living area, full bathroom, and an eat-in kitchen, complemented by central cooling and baseboard heating. The walk-out finished basement adds valuable bonus space, complete with a recreation area, full bathroom, and laundry room! Outside, the property truly stands out with a wide driveway and garage perfect for additional storage - an undeniable premium in the Ironbound! This property checks all the boxes with its prime location and thoughtful updates! This is a rare find in a vibrant, in-demand neighborhood! Just minutes from the Ironbound's best restaurants, shops, and everyday conveniences! Plus easy access to Newark Penn Station and Newark International Airport - this home makes commuting a breeze!

Listing Status:

Pending

Date Added:

April 25, 2026

Data Last Updated:

August 9, 2026 at 12:40PM

Listing Office:

RE/MAX LIFETIME REALTORS : 908-688-2828

MLS ID:

4022357

Interior

• Basement: FinishedFullWalkout
• A/C: Central Air
• Heating: Baseboard - HotwaterForced Hot AirElectricGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 3

Construction

• Roofing: Asphalt ShingleFlat

Location

• County: Essex

Lot

• Driveway: 1 Car Width2 Car WidthConcreteDriveway-Exclusive
• Zoning: 1614-00935-0000-00041-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer