Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
0
Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Baseboard, Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Vinyl Siding, Wood Siding
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.08
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,775,000
-
Tax Amount
$14,396
-
Zoning
RDV
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
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FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
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