74 Chambers St, Newark City NJ 07105-2856

$1,249,000
Active
Newark City
Bedrooms
14

About this home

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!

Taxes & fees

Annual property tax
$13,128
Tax year
2025
Tax rate
3.999

Property details

Year Built
1880
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS #
4048106

Features & amenities

Year Built (*numeric)
1880
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
13
Basement (*text)
Yes
Cooling (*text)
4+ Units, Central Air
Garage spaces
0
Heating
4+ Units, Forced Hot Air
Lot dimensions
25X100
Property Location

40.73006, -74.15216

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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