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$699,000
Est. payment /mo
4 Beds
3 Baths
1,520 SqFt
Open Sun 1PM-4PM
172 Chestnut St Newark City, NJ 07105
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Open House
Sat Apr 25, 1:00pm - 4:00pm
Sun Apr 26, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $459
MLS Listing ID 4022357
Style 2-Two Story
Bedrooms 4
Full Baths 3
Year Built 1912
Annual Tax Amount $7,546
Tax Year 2025
Lot Size 2,613 Sqft
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!
Location
State NJ
County Essex
Rooms
Basement Finished, Full, Walkout
Interior
Heating Electric, Gas-Natural
Cooling Central Air
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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