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$684,950   Price Analysis
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396 Chestnut St
Newark, NJ 07105
6 bed 3 bath 2,331 SqFt ($293/SqFt)
2,614SqFt lot. Built 1907
Listed 2024-04-12, Taxes $12,820
Ⓧ USDA Ineligible
due to location

near Newark

In the sought-after section of Pristine Jersey's largest city and a Host City of the 2026 World Cup

You'll find a blend of neighborhoods and attractions that surround this classic 2-family and make it IRONBOUND-distinct. In addition to apartments with recent upgrades and roomy commo n areas, it features a 2-car detached garage with storage space, added off-street parking, rear terrace for seasonal enjoyment partially enclosed by iron fencing and a finished bonus area with 2 rooms on lower level for your own creativity! The second room in the first unit has a separate access and the lower level has dual access.

Unit 3 reflects lwer level.Convenient to Newark Liberty Airport, Dining and Entertainment experiences, NJPAC, Prudential Center, Red Bull Stadium, New Jersey Transit/Newark Penn Station, worship centers and shopping. Call today!


Presented by Patricia Barksdale at
REALTY ONE GROUP CLASSIC.
Listing Agent Photo

Property MLS #3895142 from GardenState

Bedrooms: 6

Total Bathrooms: 3.00
Full Bathrooms: 3

11
Basement Description: Finished, Walkout

Heating Features: 3 Units
Heating Fuel: Gas-Natural

Metal Fence

Driveway: 1 Car Width
Garage Spaces: 2
Garage Description: Detached Garage
Parking Total: 3

Lot Size Acres: 0.06
Lot Size Square Feet: 2614

Gross Income: 7777

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 2
Unit-1 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-2 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-3 Description: Eat-In Kitchen, Living Room
Unit-1 Furnished Description: Ceiling Fan(s), Range/Oven - Gas
Unit-2 Furnished Description: Ceiling Fan(s), Range/Oven - Gas
Unit-3 Furnished Description: Ceiling Fan(s)
Unit-1 Square Feet: 777
Unit-2 Square Feet: 777
Unit-3 Square Feet: 777
Unit 1 Total Actual Rent: 777
Unit 2 Total Actual Rent: 777
Unit 3 Total Actual Rent: 777

Annual Tax Amount: 15743
Source Listing Status: Active
County: Essex
Directions: Navigation system from your location
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: IRONBOUND
Subdivision: IRONBOUND
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$273,900 + $70,000
$343,900
$12,820
2022$352,300 + $70,000
$422,300
$15,777
2021$352,300 + $70,000
$422,300
$15,768
2020$107,700 + $70,000
$177,700
$6,752
2019$107,700 + $70,000
$177,700
$6,683
2018$107,700 + $70,000
$177,700
$6,562
2017$107,700 + $70,000
$177,700
$6,326
2016$107,700 + $70,000
$177,700
$6,112
2015$107,700 + $70,000
$177,700
$5,880
2014$107,700 + $70,000
$177,700
$5,510
2013$107,700 + $70,000
$177,700
$5,247
2012$116,800 + $155,000
$271,800
$9,382
2010$116,800 + $155,000
$271,800
$8,643
2009$116,800 + $155,000
$271,800
$7,444
2008$116,800 + $155,000
$271,800
$7,064
2007$116,800 + $155,000
$271,800
$6,767

Price Changed 2024-07-29
$684,950
GardenState
Listed 2024-04-12
$699,950
GardenState
Listing removed 2023-12-07
$649,999
CJMLS
Listing removed 2023-12-06
$0
GardenState
Listed 2023-09-28
$649,999
CJMLS
Listed 2023-09-14
$649,999
GardenState
Sold 2020-10-02
$540,000
GardenState
Sold 2015-10-06
$347,000
Public Record
Listing removed 2015-06-11
$335,000
GardenState
Listed 2015-05-13
$335,000
GardenState

Net Operating Income: 7777
Operating Expense: 7777

Year Built: 1907
Building Exterior Type: Brick
Property Age: 117
Roof: Flat
House Style: 2-Two Story
Year Built Details: Approximate

Sewer: Public Sewer
Cable TV Available
Water Source: Public Water

Other Equipment: Gas

Ironbound Catholic Academy is a private elementary and middle school located approximately 0.1 miles away.
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Ann Street Elementary School is a public elementary and middle school located approximately 0.2 miles away.
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East Side High School is a public high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.