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    96 Nichols St Newark, NJ 07105

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    For Sale
    $679,000

    Two-family residence in the Ironbound, close to transportation and amenities.

    Lot size:
    0.06 Acres

    Property Features for 96 Nichols St

    General Information

    Lot size
    0.06 Acres

    Source: SKY REALTY ASSOCIATES Agent SILVIA MONTEZ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ironbound Two-Family Residence

    This two-family residence is located in the Ironbound neighborhood. Each unit features 3 bedrooms, 1 full bathroom, central A/C, and a finished basement. The property is situated a few blocks from Penn Station and steps from Independence Park, surrounded by restaurants and shopping. This property may suit investors or first-time homebuyers.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.162394
    Latitude
    40.7245153

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    FAQs

    What type of property is this?
    Duplex - Two-family residence in the Ironbound, close to transportation and amenities.
    Where is this duplex located?
    The property is located at 96 Nichols St Newark, NJ.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Prime Ironbound location near Penn Station.; - Two units, each with **3 spacious bedrooms.**; - **Each unit has central A/C.**
    (973) 344-8880
    Request Owner's contact information
    96 Nichols St Newark, NJ 07105
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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
    96 Nichols St Newark, NJ 07105
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