Skip main navigation
Under contract
  • Price cut: $100K (10/17)
    $899,000

    424 Walnut St, Newark City, NJ 07105

    8beds
    --sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $878,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern luxuryTwo-car garageCentral hvac systemsClassic brick facadeSpacious paved backyardStainless steel appliancesCustom tile flooring
    Experience the perfect blend of sophistication, comfort, and convenience with this exquisitely renovated multi-family residence, ideally situated in the highly sought-after Ironbound section of Newark. Just steps from restaurants, boutique shops, vibrant nightlife, and parks, this property offers an unparalleled urban lifestyle. Only 4 minutes away from Penn Station providing effortless access to New York City and beyond.Each apartment showcases 4 beds and 1.5 baths. The living area is designed with an open-concept layout that seamlessly integrates modern luxury and everyday functionality. The kitchen features amazing countertops, stainless steel appliances, and custom tile flooring, creating an inviting space perfect for both entertaining and culinary creativity. The basement, with a private entrance, includes a home office, family room, and a full bath ideal for guests or extended living.The exterior impresses with its classic brick facade, a long driveway for up to 6 cars, a two-car garage, and a spacious paved backyard offering privacy and comfort for outdoor gatherings Both units are equipped with central HVAC systems, ensuring year-round luxury living.Whether you're seeking a distinguished primary residence or a premium investment opportunity, this property embodies the finest in Ironbound living. With its luxury finishes, prime location, and strong rental potential, this home is a rare turnkey investment offering both immediate income and long-term appreciation.
    73 days
    |
    128
    |
    5
    |

    Zillow last checked: December 17, 2025 at 11:15pm

    Listing updated: November 24, 2025 at 01:34am

    Listed by:

    William Barraza 973-783-7400,

    Keller Williams - Nj Metro Group

    Source: GSMLS,MLS#: 3991008MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3.2
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Cent Register Heat, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Microwave Oven, Range/Oven - Electric, Gas Water Heater
    Features
    • Family Room, See Remarks, Bedrooms, Living/Dining Room
    • Basement: Yes,Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: 1 Car Width, Concrete, Driveway-Exclusive, Parking Lot-Exclusive, Detached Garage
    • Garage spaces: 2
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Barbecue, Sidewalk
    Lot
    • Size: 3,049.2 Square Feet
    • Dimensions: 32.11 x 105
    • Features: Level
    Details
    • Parcel number: 1614009860000000220000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: See Remarks
    Condition
    • Year built: 1920
    • Major remodel year: 2025

    Utilities & green energy

    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
    • Subdivision: Ironbound
    Location
    • Region: Newark

    Financial & listing details

    • Tax assessed value: $220,700
    • Annual tax amount: $8,393
    • Date on market: 10/6/2025
    • Total actual rent: 0
    • Tenant pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

    Estimated market value

    $878,800

    $835,000 - $923,000

    $2,280/mo

    Price history

    Price history
    DateEventPrice
    11/24/2025Pending sale$899,000
    Source: GSMLS #3991008 Report a problem
    10/17/2025Price change$899,000-10%
    Source: GSMLS #3991008 Report a problem
    10/6/2025Listed for sale$999,000+179.4%
    Source: GSMLS #3991008 Report a problem
    12/10/2024Sold$357,500
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$8,393 $220,700
    2024$8,393 +0.1%$220,700
    2023$8,387 $220,700

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $6,135/mo
    Principal & interest
    $4307
    Property taxes
    $1513
    Home insurance
    $315

      Climate risks

      Neighborhood: North Ironbound

      Nearby schools

      GreatSchools rating

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading