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Ironbound Multifamily Investment Opportunity

160 E Kinney St Newark, NJ 07105

160 E Kinney St, Newark, NJ, 07105
$1,679,000
For Sale
$1,679,000

Six apartments and three parking spaces in Newark's Ironbound.

Lot Size0.06 Acres
Days on Market184

Property Features for 160 E Kinney St

General Information

Standard status
Active
Lot size
0.06 Acres
Property subtype
Commercial

Building Details

Year Built
9999
Listing Agency EXIT REALTY LUCKY ASSOCIATES
Listed by ANTONIO COSTA · License #238477
Source Corcoran
Added: Jan 13 Checked: Jul 16 at 6:05 am

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 EXIT REALTY LUCKY ASSOCIATES


Investment Insights

Based on property information with market context.

This multifamily property is located in the Ironbound section and features six apartments and three parking spaces. All tenants are on month-to-month leases. The unit mix includes two one-bedroom apartments, three two-bedroom apartments, and one three-bedroom, two-bath apartment. Interior finishes consist of wood, ceramic tile, and carpet flooring. Each apartment is equipped with electric baseboard heat and a hot water tank. The property has seven gas meters and eight electric meters. The property is described as being in good condition and very well-located.

Key Highlights

  • Six apartments in the Ironbound section, providing immediate rental income.
  • Includes three parking spaces, a valuable amenity for tenants.
  • Varied unit mix: 1, 2, and 3‑bedroom apartments cater to diverse tenant needs.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

FAQs

What type of property is this?
Apartment building - Six apartments and three parking spaces in Newark's Ironbound.
Where is this apartment building located?
The property is located at 160 E Kinney St Newark, NJ.
What is the asking price?
The asking price for this property is $1,679,000.
What are key features of this property?
This property features: Six apartments in the Ironbound section, providing immediate rental income.; Includes **three parking spaces**, a valuable amenity for tenants.; Varied unit mix: 1, 2, and 3‑bedroom apartments cater to diverse tenant needs.
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