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Ironbound District Multifamily Investment

105 Jefferson St Newark, NJ 07105

105 Jefferson St, Newark, NJ, 07105
$849,000
For Sale
Claim this Listing
$849,000

Two-family brownstone with finished basement near Newark Penn Station.

AddedMay 21
Days on Market56
Last RefreshJul 2 at 3:09 pm

Property Features for 105 Jefferson St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1900

Listing office

Listing date May 21, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of ANDREIA SANTOS


Investment Insights

Based on property information with market context.

This well-maintained two-family brownstone, complete with a fully finished basement apartment, is located in Newark, NJ's highly coveted Ironbound district, just blocks from Newark Penn Station with direct access to NYC. Each expansive unit features three bedrooms, including one primary en-suite, and generously sized walk-in closets. Dramatic twelve-foot ceilings, abundant natural light, and original stained glass windows elevate the interiors, while updated eat-in kitchens with custom cabinetry, stainless steel appliances, and refined finishes deliver modern functionality. Hardwood, marble, and ceramic flooring run throughout. The private, fenced backyard features a built-in BBQ, brick fire pit, and multiple seating areas. Positioned between Ferry and Lafayette Streets in the heart of Newark's vibrant Ironbound district, this property is surrounded by acclaimed dining, caf s, shopping, and major transportation. The property offers exceptional income potential and enduring value, with $84k gross income per year, or ideal for owner-occupant. The property is perfectly suited for today's live/work lifestyle and combines strong rental income, multi-family flexibility, and long-term appreciation in one of Newark's most dynamic neighborhoods.

Key Highlights

  • High Income Potential: $84,000 gross annual income, ideal for investment.
  • Prime Ironbound Location: Highly desirable Newark neighborhood.
  • Convenient NYC Access: Blocks from Newark Penn Station with direct access to New York City.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Veterinary Clinic Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Buffet (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Two-family brownstone with finished basement near Newark Penn Station.
Where is this triplex located?
The property is located at 105 Jefferson St Newark, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: High Income Potential: $84,000 gross annual income, ideal for investment.; Prime Ironbound Location: Highly desirable Newark neighborhood.; Convenient NYC Access: Blocks from Newark Penn Station with direct access to New York City.
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