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Two-Family Home in Ironbound, Newark

172 Chestnut St, Newark, NJ 07105

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Pending

$699,000

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

Lot size:

0.06 Acres

HighLights

Income‑producing two‑family home in the highly desirable Ironbound neighborhood.
Prime location: close to restaurants, shops, Newark Penn Station, and Newark International Airport.
Finished walk‑out basement with recreation area, full bathroom, and laundry room.
Updated exterior with covered front porch and wide concrete driveway.
First‑floor unit with central heating and cooling.
Garage for additional storage, a premium in the Ironbound.

We can help!

Listing Contact

CATARINA GOMES

Pending

$699,000

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

Lot size:

0.06 Acres

Added:: Apr 22, 2026
Days on Market:: 49
Last Refresh:: Jun 9 at 6:06 pm

Property Features for 172 Chestnut St

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 3
Rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
Parking: 3
Parking features: Driveway
Basement Y/N: 1
Appliances: Dishwasher, Microwave, Oven - Gas, Range, Refrigerator, Washer
Standard status: Pending
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 7546

Utilities

Heating system: Baseboard, Forced Air, Hot Water (Heating)
Cooling system: Central Air

Building Details

Year built: 1912
Number of units: 2
Building materials: Vinyl Siding
Roof type: Asphalt, Flat, Shingle
Architectural style: Other

We can help!

Listing Contact

CATARINA GOMES

Listing agent CATARINA GOMES

Listing office RE/MAX LIFETIME REALTORS 605 CHESTNUT ST., Union, NJ

Listing date Apr 22, 2026

MLS# 4022357 Listing URL

HighLights

Income‑producing two‑family home in the highly desirable Ironbound neighborhood.
Prime location: close to restaurants, shops, Newark Penn Station, and Newark International Airport.
Finished walk‑out basement with recreation area, full bathroom, and laundry room.
Updated exterior with covered front porch and wide concrete driveway.
First‑floor unit with central heating and cooling.
Garage for additional storage, a premium in the Ironbound.

Overview

Located in Newark's Ironbound neighborhood, this two-family property at 172 Chestnut Street presents an opportunity for investors or buyers seeking long-term value. The property features an updated exterior, a covered front porch, and a wide concrete driveway. The first-floor unit includes two bedrooms, a sun-filled living room, a spacious eat-in kitchen, and a full bathroom, with central heating and cooling. The second-floor unit mirrors this layout, also offering two bedrooms, a bright living area, a full bathroom, and an eat-in kitchen, complemented by central cooling and baseboard heating. The finished walk-out basement provides additional space with a recreation area, a full bathroom, and a laundry room. The property includes a wide driveway and a garage for additional storage. Situated on a lot of 0.06 acres, the property is located minutes from the Ironbound's restaurants, shops, and conveniences, with access to Newark Penn Station and Newark International Airport.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Newark
County: Essex
State: New Jersey
Longitude: -74.16853
Latitude: 40.72457

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For sale
Duplexes
NJ
Newark
07105
172 Chestnut St

What type of property is this?

Duplex - Updated two-family property in Newark's desirable Ironbound neighborhood.

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: Income‑producing two‑family home in the highly desirable Ironbound neighborhood.; Prime location: close to restaurants, shops, Newark Penn Station, and Newark International Airport.; Finished walk‑out basement with recreation area, full bathroom, and laundry room.

172 Chestnut St, Newark, NJ 07105

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

Property Features for 172 Chestnut St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Warehouse and Office in Newark

Newark Warehouse with Mechanic Shop

Newark City Income Property

Three-Story Multifamily Building

Spacious Newark City Triplex

Recently Renovated 3-Family Home

Downtown Newark Mixed-Use Redevelopment Opportunity

Newark Commercial Property with Storefronts

Newark Mixed-Use Commercial Opportunity

Income-Producing Two-Family Property

Newark Two-Family Investment Opportunity

Turnkey Newark Three-Family Investment Property

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