Prime investment opportunity with $84k gross income per year, or ideal for owner-occupant in Newark, NJ's highly coveted Ironbound district. Just blocks from Newark Penn Station with direct access to NYC, this well-maintained two-family brownstone, complete with a fully finished basement apartment, offers exceptional income potential and enduring value. Each expansive unit features three bedrooms, including one primary en-suite, and generously sized walk-in closets perfectly suited for today's live/work lifestyle. Dramatic twelve-foot ceilings, abundant natural light, and original stained glass windows elevate the interiors with timeless architectural character, while updated eat-in kitchens with custom cabinetry, stainless steel appliances, and refined finishes deliver modern functionality. Hardwood, marble, and ceramic flooring run throughout, reinforcing both quality and durability. The private, fenced backyard is a true differentiator - an urban retreat featuring a built-in BBQ, brick fire pit, and multiple seating areas designed for entertaining and tenant enjoyment alike. Positioned between Ferry and Lafayette Streets in the heart of Newark's vibrant Ironbound district, this property is surrounded by acclaimed dining, caf s, shopping, and major transportation. A rare offering that combines strong rental income, multi-family flexibility, and long-term appreciation in one of Newark's most dynamic neighborhoods.
105 Jefferson St, Newark City NJ 07105-1818
Property City
Newark City
Property Price
$849,000
Bedrooms
6
Year Built
1900
Tax Annual Amount
$9081
TaxYear (*text)
2025
Roof (*text)
Flat
Lot Size Area
0.07
MLS Status
Active
MLS #
4028910
Yearly Tax Rate
3.999
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
1 Unit, Central Air, Window A/C(s)
Heating
Baseboard - Hotwater
Lot Size Dimensions
28X106.4
Data import from
GSMLS