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    155 Lafayette St Newark, NJ 07105

    For Sale
    $645,000

    Multi-Family, 2-Two Story - Newark City, NJ

    Property size:
    4,480 SF
    Lot size:
    0.03 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 155 Lafayette St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Kitchen, Laundry
    Bedrooms
    4
    Bathrooms
    3
    Patio and Porch features
    Patio
    Exterior features
    Patio
    Basement Y/N
    1
    Appliances
    Microwave, Refrigerator
    Size
    4,480 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), See Remarks (Heating)
    Cooling system
    Multi Units

    Building Details

    Year built
    1920
    Number of units
    2
    Roof type
    Flat
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent DAVID GUZMAN (866) 201-6210

    Listing date Nov 18, 2025

    MLS# 3993045 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark Two-Family Home with Finished Basement

    This well-maintained two-family home is located in the Ironbound section of Newark. The property includes a finished basement and a total of 4 bedrooms and 3 full bathrooms. Each unit features an eat-in kitchen, in-unit laundry, and living spaces. The property is suitable for occupancy or generating rental income, with the possibility of using other rooms as bedrooms. A private backyard is included. The location offers walkability and convenience, with bus stops nearby and proximity to Newark Penn Station (less than 1 mile). The property is also near Ferry Street's restaurants, shops, nightlife, schools, houses of worship, universities, the Prudential Center, Newark's Business District, and Newark Airport. The lot size is 0.03 acres, and the property size is 4480 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Law Firm Hair Salon Gym & Fitness Building Supply Nail Salon Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.16462
    Latitude
    40.72993

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    FAQs

    What type of property is this?
    Duplex - Spacious 4-bedroom home in Newark's Ironbound neighborhood.
    Where is this duplex located?
    The property is located at 155 Lafayette St Newark, NJ.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: - Prime Ironbound Location: Excellent walkability to restaurants, shops, and nightlife.; - Commuter's Dream: Convenient access to bus stops, Newark Penn Station (less than 1 mile), and major highways.; - Legal Two-Family Home: Offers flexibility for owner-occupancy with rental income potential.
    (866) 201-6210
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    Newark, NJ 07105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    155 Lafayette St Newark, NJ 07105
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