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172 Chestnut St, Newark, NJ, 07105
Two-Family Duplex with Finished Basement

172 Chestnut St Newark, NJ 07105

For Sale
$699,000
Pending

MULTI_FAMILY - Newark City, NJ

Lot Size0.06 Acres
Days on Market94

Property Features for 172 Chestnut St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 3, Bedroom 4, Basement, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Parking
3
Standard status
Pending
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7546

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Hot Water(Heating), Baseboard
Cooling system
Central Air
Water source
Public

Building Details

Year built
1912
Floors in Building
2
Number of units
2
Roof type
Flat, Shingle
Architectural style
Other
Listing Agency: RE/MAX LIFETIME REALTORS
Listed By: CATARINA GOMES · License #305784
Added: Apr 22 Changed: Jul 9 Last Checked: Jul 24 at 7:06PM
MLS# 4022357

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

172 Chestnut St is a two-family duplex featuring two self-contained, two-bedroom layouts. The first-floor unit includes a living room, spacious eat-in kitchen, and a full bathroom, with central heating and cooling. The second-floor unit offers a similar configuration with a bright living area, an eat-in kitchen, and a full bathroom, with central cooling and baseboard heating. A walk-out finished basement adds additional functional space, including a recreation area, a full bathroom, and a laundry room. The exterior has been updated and includes a covered front porch.

The property is located in Newark City’s Ironbound area in Essex County. The remarks indicate it’s minutes from area restaurants, shops, and everyday conveniences, with access to Newark Penn Station and Newark International Airport.

For investors or owner-occupants, the duplex configuration provides two distinct units, each with two bedrooms and full-bath accommodations. The added basement level expands usable space for recreation and laundry, while the wide concrete driveway and attached garage provide practical on-site storage.

Key Highlights

  • Two‑family home built in 1912 with two 2‑bedroom units and full bathrooms on both floors
  • First‑floor unit includes central air and central heating, plus living room and eat‑in kitchen
  • Second‑floor unit features central air with baseboard heating, plus living area and eat‑in kitchen

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - Two separate two-bedroom units plus walk-out finished basement with recreation area, full bath, and laundry.
Where is this duplex located?
The property is located at 172 Chestnut St Newark, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family home built in 1912 with two 2‑bedroom units and full bathrooms on both floors; First‑floor unit includes central air and central heating, plus living room and eat‑in kitchen; Second‑floor unit features central air with baseboard heating, plus living area and eat‑in kitchen
More about this property
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