416 Walnut St #3 | MLS #4019885 | RE/MAX of New Jersey

Exceptional investment opportunity in the Ironbound section of Newark, NJ. Spacious and versatile 9 bed / 4 full bath with a fully finished basement for recreation. This large scale property offers incredible potential for both investors or owner-occupants seeking strong rental income.

Source: Garden State MLS, MLS#: 4019885

Listing provided courtesy of EXIT REALTY LUCKY ASSOCIATES- MLS# 4019885

Contact Information: 973-817-7700

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Property Type

Residential Income
Lot

0.06 acres

General

Income/Expenses

Gross Income: 999
Net Operating Income: 999
Operating Expense: 999

Building Information

Renovated Year: 1900
Year Built: 1900

Location/Region

County Or Parish: Essex
Subdivision Name: Ironbound

Building Exterior/Construction

Construction Date/Year Built Des: Approximate

Tax Information

City Tax: *
County Tax: *
Tax Amount Tax: *
Tax Annual Amount: $16,263.00
Tax Assessed Value: *
Tax Rate Amount: 3.999
Tax Rate Year: 2025
Tax Year: 2025
Tax Year Tax: *

General Information

Home Warranty: No
Property Type: Multi-Family
Senior Community: No

Unit Information

Unit Style: 3-Three Story

Interior

Parking Information

Garage Spaces: 0

Beds/Baths

Bathrooms Full: 4
Bathrooms Half: 0
Bathrooms Total: 4.00
Bedrooms Total: 9

Building Interior

Garage Description: None
Water Heater: Gas

General Information

Cooling: Window A/C(s)
Heating: 3 Units
Rooms Total: 12

Unit Information

Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 1 Baths: 1.0
Unit 1 Bedrooms: 3
Unit 1 Fireplaces: 0
Unit 1 Handicap Modified: No
Unit 1 Levels: 1
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Rent: 999
Unit 1 Room Description: Bedrooms, Kitchen
Unit 1 Rooms: 4
Unit Number: 3
Unit 1 Sq Ft: 0
Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Baths: 1.0
Unit 2 Bedrooms: 3
Unit 2 Fireplaces: 0
Unit 2 Handicap Modified: No
Unit 2 Levels: 2
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Rent: 999
Unit 2 Room Description: Bedrooms, Kitchen
Unit 2 Rooms: 4
Unit 2 Sq Ft: 0
Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 3 Baths: 1.0
Unit 3 Bedrooms: 3
Unit 3 Fireplaces: 0
Unit 3 Handicap Modified: No
Unit 3 Levels: 3
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Rent: 999
Unit 3 Room Description: Bedrooms, Kitchen
Unit 3 Rooms: 4
Unit 3 Sq Ft: 0
Unit 4 Levels: 0

Exterior

Parking Information

Parking Features: Off-Street Parking
Parking Total: 0

Lot Information

Lot Size Area: 25X100.6
Water Source: Public Water

Building Exterior/Construction

Construction Materials: Vinyl Siding
Roof: Rubberized

General Information

Number Of Units Total: 3
Sewer: Public Sewer
Utilities: Gas-Natural

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Virginia Harpell
Sales Associate
RE/MAX House Values
Direct 973-650-1637

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Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 416 Walnut St #3

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
4/10/2026Source: Garden State MLS	Added to Database	April 10, 2026

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Life at 416 Walnut St #3

Schools

History