Property

Newark City, NJ 07105 23 Foundry St

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Presented By: KELLER WILLIAMS VILLAGE SQUARE; 201-906-3483
  • MLS# 3976875
  • 07/22/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3

Home Details

Your multi family investment search ends here! Welcome to 23 Foundry St, Newark, NJ 07105 ? A Prime Opportunity in the Heart of Ironbound!This legal 2-family home is perfectly located right off Ferry Street in one of Newark?s most desirable neighborhoods, Ironbound, Newark. Whether you?re an investor seeking rental income or a homeowner looking to live in one unit while renting out the other, this property offers incredible flexibility and value.Each unit features two spacious bedrooms and one full bathroom, providing comfortable and functional layouts. The finished basement includes bonus rooms with a separate walkout entrance ? perfect for extended living, guest space, or additional income potential (buyer to verify use).Enjoy the oversized backyard, ideal for gatherings or creating your private outdoor retreat. With its unbeatable location in the Ironbound ? known for its vibrant culture, restaurants, and transportation access ? this is a rare opportunity to own a versatile and income-generating property in a thriving community.
Presented By: KELLER WILLIAMS VILLAGE SQUARE; 201-906-3483

Interior Features for 23 Foundry St

Bedrooms

Total Bedrooms4
Unit 1 Beds Total2
Unit 2 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
BasementFinished, Full, Walkout
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms4
Unit 1 Rooms4
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Laundry Room
Unit 2 Room DescriptionBedrooms, Dining Room, Living Room

General for 23 Foundry St

Architectural Style2-Two Story
CoolingWindow A/C(s)
CountyEssex
DirectionsPlease use GPS
DriveOn-Street Parking
EasementUnknown
Full Baths3
Gross Income
HeatingBaseboard - Hotwater
Net Operating Income
Number Of Units Total2
Open Parking Spaces
Operating Expense
Possession
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameIronbound Section
Tax Annual Amount6837
Tax Assessed Value179800
Tax Lot16
Tax Year2024
Total Rooms10
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1890

Exterior for 23 Foundry St

Exterior DescriptionVinyl Siding
Lot Dimensions35.10X100
Lot Size Acres0.08
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $635,000
MLS#3976875
List Date 07/22/2025
Property Type Multi-Family
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