368 Elm St
Newark City, NJ 07105
Price: $774,900
GSMLS: 4007906Type: Multi-Family
Style: 3-Three Story, Under/Over
Total Units: 2
Beds: 7
Baths: 6 Full
Garage: No
Year Built: Unknown
Acres: 0.05
Property Tax: $6,986
Description
Open House Saturday 1PM–4PM.
Fully renovated in 2023, this legal two-family property (with a finished basement and finished attic) is ideally located in the heart of the Ironbound, just minutes from schools, parks, and public transportation.The home features a new roof, new siding, central air and heating for each unit, and all appliances included, offering true turnkey ownership.Each unit offers three bedrooms, two full bathrooms, a living room, and an eat-in kitchen, providing spacious and functional layouts for occupants.The property also includes a finished basement and finished attic, along with additional income potential through four coin-operated machines (two washers and two dryers) located in the basement.The 2023 renovation delivers a hassle-free, income-producing investment opportunity in one of Newark's most sought-after neighborhoods.General Info
Style:
3-Three Story, Under/Over
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Finished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X92.11
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
On-Street Parking
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Garbage Included
School Information
Elementary:
WILSON AVE
Middle:
n/a
High School:
EAST SIDE
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Ironbound
Financial Considerations
List Price:
$774,900
Tax Amount:
$6,986
Land Assessment:
$72,000
Build. Assessment:
$111,700
Total Assessment:
$183,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4007906
List Date:
02-02-2026
Days On Market:
0
Listing Broker:
RE/MAX LIFETIME REALTORS
Listing Agent:
Emanuela Moreira
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com
