38 Delancy St, Newark City, NJ 07105
38 Delancy St, Newark City, NJ 07105
38 Delancy St, Newark City, NJ 07105
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$975,000
Est. payment /mo
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9 Beds
4.5 Baths
2,613 Sqft Lot
Price Dropped by $5K

38 Delancy St Newark City, NJ 07105

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4016791

Style 3-Three Story

Bedrooms 9

Full Baths 4

Half Baths 1

Year Built 1900

Annual Tax Amount $16,427

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

Investment opportunity in a prime Ironbound location. Sold "As Is. Unique layout offers a front multi-family plus a separate rear single-family perfect for maximizing income, flexibility, and long-term value. Front Unit 1 (1st floor + lower level) lives like an expanded residence: 1 bedroom, living room, eat-in kitchen, full bath, plus 4 additional bedrooms and a second full bath below: Central A/C, forced-air heat, updated water heaters, and laundry hookup (tenant-owned). Unit 2 (2nd floor) features 2 bedrooms, an eat-in kitchen, a full bath, laminate/ceramic flooring, gas heat, window A/C, updated plumbing, and a newer water heater. Tenant pays electric and 40% gas. The rear home is ideal for owner-occupancy or premium rent: open-concept living, half bath, and modern kitchen with stainless steel appliances. The second floor offers 2 bedrooms, skylights, and a full bath. Hardwood floors, central A/C/heat, and tankless water heater. Covered outdoor area adds lifestyle appeal. Additional highlights include a fenced yard with gated access and a storage shed. Walk to Newark Penn Station (NYC-25 min), near major highways, Newark Airport, top dining, shopping, and a fast-growing business district.

Location

State NJ

County Essex

Rooms

Basement Finished, Walkout

Interior

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

Heating Gas-Natural

Cooling 2 Units, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick, Composition Shingle, Vinyl Siding

Parking Features None, On-Street Parking

Utilities Available Electric, Gas-Natural

Roof Type Composition Shingle, Rubberized

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by C-21 SEMIAO & ASSOCIATES

NEARBY SCHOOL & BUSINESS

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Dwayne Whitaker

Dwayne Whitaker

Broker Associate | License ID: 1753799

+1(917) 913-5622

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38 Delancy St