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Michelle Burroughs

michellesellshomes@mbarealtor.com +1(908) 224-0499

$ 1,249,000

Est. payment -/mo

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74 Chambers St Newark City, NJ 07105

14 Beds

7 Baths

4,414 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,414 sqft

Price per Sqft $282

Subdivision Iron Bound

MLS Listing ID 4048106

Style 3-Three Story

Bedrooms 14

Full Baths 7

Year Built 1880

Annual Tax Amount $13,128

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

EXCEPTIONAL OFFICIAL FOUR-FAMILY INVESTMENT OPPORTUNITY IN THE IRON BOUND SECTION OF NEWARK! Welcome to 74 Chamber Street, a unique and spacious four-family property offering an outstanding opportunity for investors or owner-occupants seeking versatility and income potential. The property features two separate structures a three-unit front building and a beautifully renovated single-family rear house offering a total of 14 bedrooms and 7 bathrooms. The first-floor unit in the front building has been recently renovated and is currently vacant, featuring 3 bedrooms and 1 bathroom. The second and third-floor units each offer 4 bedrooms and 1 bathroom and it is well maintained. The 4th and ALL separate rear house has also been recently renovated and features 3 bedrooms, 3 bathrooms, laundry, and a full finished basement. Both buildings offer finished basement space, adding valuable flexibility and functionality. With its substantial bedroom and bathroom count, two separate structures, and desirable Newark location, this property presents an excellent opportunity for an investor looking to expand a portfolio or an owner-occupant looking for significant income potential. A rare opportunity to acquire a large, versatile four-family property with multiple renovated spaces and tremendous potential. DON'T MISS THE CHANCE TO MAKE 74 CHAMBERS STREET YOUR NEXT INVESTMENT PROPERTY!

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Tile Floors, Wood Floors

Heating Gas-Natural

Cooling 4+ Units, Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Stone, Stucco

Parking Features On-Street Parking, See Remarks

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Listed by CENTURY 21 VENTURE REAL ESTATE

Michelle Burroughs

74 Chambers St Newark City, NJ 07105

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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74 Chambers St