Property summary
This exceptional mixed-use property at 146 Ferry Street, Newark, NJ, presents a compelling investment opportunity in the vibrant Ironbound section of the city. The three-story building, situated on a 3,294 square foot lot, encompasses 8,500 net rentable square feet and boasts a 100% occupancy rate with six tenants currently under lease. The property comprises four two-bedroom, one-bathroom apartments and two commercial units, occupied by an electronics store and a postal service center. All… tenants are in good standing with separate utility meters, minimizing landlord responsibilities. The building features central air and heat. The current Net Operating Income (NOI) stands at $145,030, yielding a 5.27% capitalization rate. A pro-forma NOI of $174,070 projects a 6.33% capitalization rate, indicating significant upside potential. The property is zoned C2 and is conveniently located blocks from Newark Penn Station, offering excellent accessibility. The asking price is $2,750,000, translating to $323.53 per square foot. This stabilized investment presents a rare opportunity to acquire a well-maintained, high-performing asset in a prime Newark location. The property is offered fee simple.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.08 ac
- Stories
- 3
- APN
- 14 01989-0000-00022
- Assessed value · 2023
- $461,200
- Annual tax · 2022
- $17,230
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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