27-29 Main St, Newark, NJ 07105
UNDER CONTRACT

27-29 Main St
Newark, NJ 07105

North Ironbound
  • 8 Beds
  • 5 Baths
  • 8 Beds
  • 5 Baths

$1,100,000

Est. Mortgage $7,764/mo*

Local Information

map showing home location
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Commute Destination

Description

Rare Gem in Ironbound, Newark NJ: Two Buildings, One Extraordinary Opportunity! Step into a realm of unparalleled investment potential in the coveted Ironbound section of Newark, NJ. This is an avenue to owning not one, but two remarkable buildings on a single lot. Imagine owning a triplex with three units, each featuring 2 bedrooms and 1 bath. But it doesn't end there. The ground-level unit opens up to a fully finished basement, complete with an additional kitchen, bedroom, and full bath, setting the stage for lucrative rental possibilities. Adjacent to the triplex is a modern masterpiece: a single-family home crafted with precision just a decade ago. More... Revel in the luxury of two oversized bedrooms, boasting custom closets with built-in shelving, and two full baths designed for indulgence and relaxation. Parking headaches? Not here. With ample space in the rear and two detached garages, your tenants will thank you for the convenience. This property isn't just an investment; it's a lifestyle upgrade waiting to happen. In a neighborhood known for its charm and vibrancy, opportunities like these are rare. Don't let this one slip through your fingers. Book your tour today and seize the chance to make this unparalleled property yours.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
36 days ago

Home Details for 27-29 Main St

Interior Features

Interior Details
Basement: Full, Slab, Utility RoomNumber of Rooms: 21
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 5
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Washer), Unit 3(Range/Oven), Unit 4(Dryer, Range/Oven, Washer)Refrigerator
Heating & Cooling
Heating: Baseboard, Forced AirHas CoolingAir Conditioning: A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)Has HeatingHeating Fuel: Baseboard
Gas & Electric
Gas: Natural GasHas Electric on Property
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3

Exterior Features

Exterior Home Features
Roof: Asphalt Flat
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Garage, Detached, 4(+)Car Parking
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 36

Property Information

Year Built
Year Built: 1941
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 1402046000000016

Price & Status

Price
List Price: $1,100,000

Active Status

MLS Status: Under Contract

Location

Direction & Address
City: Newark

Agent Information

Listing Agent
Listing ID: 2409623R

Lot Information

Lot Area: 5001 sqft

Business

Business Information
Ownership: Fee Simple

Rental

Lease Term: Unit 1(Month-Month), Unit 2(Month-Month), Unit 4(Month-Month)Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)

Miscellaneous

BasementMls Number: 2409623RZillow Contingency Status: Under Contract
Last check for updates: about 6 hours ago
Listing courtesy of Joseph A. Guerriero
KELLER WILLIAMS BY THE BAY, (732) 826-7110
Source: CJMLS, MLS#2409623R
Also Listed on GSMLS, NJMLS, MOMLS.

Price History for 27-29 Main St

DatePriceEventSource
03/29/2024$1,100,000ContingentCJMLS #2409623R
03/29/2024$1,100,000PendingNJMLS #24008527
03/21/2024$1,100,000Listed For SaleNJMLS #24008527
11/29/1982$60,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$12,916
Assessment$339,900
Home facts updated by county records

Comparable Sales for 27-29 Main St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Multi-Family Home
$499,000
03/11/24
-
-
0.10
Multi-Family Home
$380,000
10/30/23
-
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Ironbound

  • Josiasfrancois926
    "They have to clean up after their dogs at all given time and they may not like the fines and penalties that come with breaking the rules and regulations."
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  • Trulia User
    "Sense of family and community. Multigenerational and multicultural. Diverse and great dining. Central and well connected to transportation. "
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  • Trulia User
    "great community and peaceful area , great access to everything including pen station , great restaurants and food supermarket "
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  • Trulia User
    "Great parks, excellent restaurants. Friendly people. Close public transportation. It is Pet friendly. "
    1
    Flag
  • Trulia User
    " Resturant’s and easy commute to nyc with path and nj transit close by. Up and coming for sure lots of new development"
    4
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  • Alana P.
    "I have lived in the Irobound around thirty seven years. The place has changed. It is very congested with cars. New buildings are going up so in year's to come the congestion will be far greater. Parking is an absolute nightmare."
    2
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  • Trulia User
    "I lived in this neighborhood for a couple years its an okay neighborhood if you're Portuguese or brazilian."
    1
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  • Trulia User
    "the restaurants, nightlife,stores everywhere,park around the corner,schools are up the street,Bodega on every corner,prudential center is 1 mile away,njpac is 1.5 miles away "
    1
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  • Trulia User
    "I lived here all my life since 1994. In the same house. Everything is walking distance and it’s a great area to live and socialize with so many restaurants nearby. "
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  • Trulia User
    "Always a lot of heavy traffic in the area. Even to get to one end of town to the other. The congestions makes it very hard to maneuver through town."
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  • Trulia User
    "Great neighborhood with great restaurants. People are friendly and it is very close to New York City."
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  • Trulia User
    "This neighborhood is a good neighborhood for children. Clean and safe with numerous parks in the area to keep your kids busy. "
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  • Trulia User
    "I’ve been here for over 10 years. Very convenient for New York commuters. Great restaurants in the area."
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  • Trulia User
    "Penn station is in walking distance easy access to busses, trains and taxis. 5 min from Newark airport. "
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  • Trulia User
    "the good things living in newark is because everything is near. you dont need a car mostly of the time"
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  • Trulia User
    "There are many families, there are great parks, restaurants, 3 blocks away from pen station and prudential center. Very good grammar school 1/2 block away and good public high school."
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  • Trulia User
    "Horrible a lot of traffic and roads are full of pot holes , all the taxes that we pay and they can’t even fix simple things as pot holes. "
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  • Nelson T.
    "Parking is the worst part of living in the Ironbound. Great restaurants and location. Some city services are awful like garbage pick up but improving. "
    6
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  • Anthony C.
    "there are a lot of dogs, many are friendly but can be a bit noisy. Overall the owners pick after them."
    2
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  • Kittykreole
    "Lots of bars and restaurants in the neighborhood. Which means a higher rate of car accidents, possibly due to alcohol consumption. But it’s one of the safest areas in Newark in terms of homicide, gang activity, gun violence, etc. "
    10
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  • Manuel A.
    "My neighborhood has amazing public transportation to go anywhere you want at any time of the day or night "
    2
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  • Dyeanne1967
    "The variety of restaurants , bakeries, and bars, parks are clean, only downfall Parking is horrible. "
    9
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  • Bert B.
    "Some traffic, parking can be, more so is very challenging. You may need to rent a parking spot. Be very careful with some areas. "
    3
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  • Tiago L.
    "Everyone is selfish (everyone around me) some people are nice some aren’t, most guys no matter what age they eat you alive with their eyes it’s nasty I don’t like it here and be safe here if you want to move in "
    7
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  • Jaimie M.
    "Ironbound is a good area to live with lots of stores and many different types of food as in restaurants bar and night life. "
    3
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  • Bby G.
    "Most people that own dogs complain about tiger owners, although in this neighborhood they are the ones that don’t pick after their dogs."
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  • Anthony L.
    "Lots of places to eat and the people are nice. I feel safe walking the streets during the daytime "
    7
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  • Dr. S. M.
    "open spaces and parks are not hard to find. a walkers dream. great location VERY near transit. "
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  • Bruna D. S. F.
    "Too many trash on the streets and chicken bones. If your dog uses to pick up bones from the street, you’re get stressed out just like me."
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  • Rodriguezkarina
    "There are many places to visit with the family in our neighborhood. Severals parks for the kids to enjoy"
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  • Noli50
    "It is a nice place to go for a walk. There are 2 nice parks and dogs are allowed as long as they are on a leash. Thank "
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  • Rafaelpenacashoffer
    "There are too many families living in this neighborhood, great parks great restaurant, polices officers around all the time."
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  • Hlima1278
    "It is a good community for good restaurants but it is also a dirty place, it is a dangerous place, and very expensive without needing to be, the neighborhood often has no respect for others, they make noise until dawn with parties, fights on street... "
    2
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  • Brea2877
    "Don’t know don’t have a dog. I have a cat . But I have seen neighbors walk there dogs and take them to a near by park. "
    0
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  • Caroline C.
    "The sense of community, the proximity to everything, from shops to restaurants to the major highways, Ironbound is up and coming! And I LOVE It here "
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LGBTQ Local Legal Protections

Joseph A. Guerriero, KELLER WILLIAMS BY THE BAY
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
27-29 Main St, Newark, NJ 07105 is a 8 bedroom, 5 bathroom multi-family built in 1941. 27-29 Main St is located in North Ironbound, Newark. This property is currently available for sale and was listed by CJMLS on Mar 21, 2024. The MLS # for this home is MLS# 2409623R.