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$1,100,000
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Property Description
Investment Opportunity Multifamily Home With 2 apartments located in the desirable ironbound Section,Ground floor is totally completed .Beautiful and original hardwood floors throughout the whose house.It is conveniently located close to shopping center and diversity of restaurants, transportation and major highways .Easy to get to Penn station or EWR Airport.. Property is being sold AS-IS
Full Property Details
Full Property Details for 111 Pennington St
General
- Price: $1,100,000
- Taxes: $11,481 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4005051
- Updated: 1/16/2026
- Added to Site: 78 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Built-In Garage, See Remarks
Location
- County: Essex
- Driving Directions: From route 21 to Pennington St
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: 2 Units, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1995
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room, Living/Dining Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 35.62 x 100
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Assessment Amount: $254,400
- Land Assmt: $47,500
- Tax Amount: $11,481
- Tax Year: 2024
Disclosures and Reports
- Block: 925
- Lot Number: 29.02
Listed by Weichert Realtors - Home City
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Schools
Schools serving 111 Pennington St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.1 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.2 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.2 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Pennington St
Date
Details
Price
Change
Source
1/14/2026
Listed
$1,100,000
150%
MLS
7/24/2018
Sold
$440,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 Pennington St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,481
2%
$301,900
—
2022
$11,279
—
$301,900
—
2021
$11,262
33%
$301,900
—
2021
$8,488
-25%
$301,900
—
2019
$11,354
2%
$301,900
—
2018
$11,149
4%
$301,900
—
2017
$10,748
3%
$301,900
—
2016
$10,385
4%
$301,900
—
2015
$9,990
12%
$301,900
—
2013
$8,915
—
$301,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Pennington St
111 Pennington St, Newark, NJ 07105 (MLS# 4005051) is a Multi-Family property with 2 units containing 6 bedrooms and 6 full bathrooms. 111 Pennington St is currently listed for $1,100,000 and was received on January 14, 2026. Want to learn more about 111 Pennington St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

