Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Baseboard, Electric, Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Concrete, Detached

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    2-Two Story

Price

  • Sales Price

    $699,000

  • Tax Amount

    $7,546

  • Sq. Footage

    1, 520

  • Price/SqFt

    $459

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

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Essex

Elementary School

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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!

172 Chestnut St

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