287 New York Ave, Newark City, NJ 07105

• 10 beds |
• 5 baths

Property Description

GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!

Listing Status:

Active

Data Last Updated:

July 29, 2026 at 1:41AM

Listing Office:

WEICHERT REALTORS - HOME CITY : 201-293-6333

MLS ID:

4041869

Interior

• General: Carbon Monoxide DetectorCarpetingSmoke DetectorTile FloorsWood Floors
• Basement: Unfinished
• A/C: None
• Heating: 4+ UnitsBaseboard - HotwaterRadiators - SteamGas-Natural

Exterior

• General: Aluminum SidingBrickSee RemarksSidewalk
• Parking: Parking spaces: 0

Construction

• Roofing: Flat

Location

• County: Essex

Lot

• Driveway: None
• Zoning: Residential1614-00986-0000-00051-0000-

Utilities

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