51 Richards St, Newark City, NJ 07105
51 Richards St, Newark City, NJ 07105
51 Richards St, Newark City, NJ 07105
51 Richards St, Newark City, NJ 07105
51 Richards St, Newark City, NJ 07105
51 Richards St, Newark City, NJ 07105
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Cindy Huang

Cindy Huang

+1(201) 647-6663
$ 1,715,000
Est. payment | /mo

3,484 Sqft Lot

Save
$ 1,715,000
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Ironbound

MLS Listing ID 4023710

Annual Tax Amount $14,396

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.

Location

State NJ

County Essex

Zoning RDV

Rooms

Basement Finished, Full, Walkout

Interior

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Flooring Tile, Vinyl-Linoleum

Equipment Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available Electric, Gas In Street

Roof Type Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXIT REALTY LUCKY ASSOCIATES

Nearby Locations

Cindy Huang

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

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51 Richards St