172 Chestnut Street, Newark, 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:

Active

Date Added:

April 22, 2026

Data Last Updated:

April 24, 2026 at 11:57PM

Listing Office:

RE/MAX Lifetime Realtors : 908-688-2828

Listing Agent:

Catarina Gomes : (862) 371-0600

MLS ID:

26014031

Interior

• Rooms: 8
• Laundry: BasementHook Ups

Location

• County: ESSEX

Utilities

• Utilities: O/See RmksSep ElecSep GasSep Heat