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$950,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 1 Car Garage
  • Updated 7 days ago
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!INVESTMENT OPPORTUNITY IN NEWARK?S IRONBOUND! Don?t miss this spacious and beautifully maintained two-family home, offering approximately 1,400 sq. ft. per apartment, plus a finished ground-level space in mint condition! The first and second floors each feature 6 spacious rooms, 3 bedrooms, and 2 full bathrooms, complemented by beautiful hardwood floors, ceramic tile, and fresh paint throughout. The ground level offers an additional 4 finished rooms and a full bathroom, providing plenty of extra space and flexibility for the new owner. Laundry facilities are conveniently located on this level as well. Parking is a breeze with a 1-car garage plus 2 additional driveway parking spaces, including a canopy.Step into the backyard and discover a wonderful space for entertaining and relaxing, featuring a custom-built masonry BBQ area with canopy?perfect for summer cookouts, gatherings, and enjoying your own private outdoor retreat. Spacious, well-maintained, and packed with possibilities, this property is a must see! Schedule your private showing today and discover everything this home has to offer.

Full Property Details for 116 Chapel St

General

  • Price: $950,000
  • Taxes: $10,545 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4052264
  • Updated: 9/11/2026
  • Added to Site: 13 day(s) ago

Interior

  • Number of Rooms: 16
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Barbecue, Metal Fence, Sidewalk, Storm Window(s)

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Attached Garage, Garage Parking

Location

  • County: Essex
  • Driving Directions: Raymond Blvd to Chapel St.

Heating & Cooling

  • Cooling Type: 2 Units, Central Air Conditioning
  • Heating Type: 2 Units, Forced Hot Air
  • Heating Fuel: Natural Gas, Solar-Leased
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Gas In Street

Structural Information

  • Architectural Style: 3-Three Story, Under/Over
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full, Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 2005

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Square Feet: 1400
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Square Feet: 1411
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: 2 Car Width, Driveway-Exclusive, Off-Street Parking
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Cold Water, Insurance, Maintenance, Taxes
  • Operating Expenses: $9,999
  • Assessment Amount: $205,000
  • Land Assmt: $58,700
  • Tax Amount: $10,545
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Owners personal property
  • Disclosures: Yes
  • Block: 2455
  • Lot Number: 46

Listed by Re/Max Our Town

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Listing agent

— 116 Chapel St —

  • Re/Max Our Town

732-419-9300

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Chapel St

School District:Newark City School District
NameGradesDistance
Hawkins Street Elementary School
8 Hawkins Street, Newark, NJ 07105
PK-80.4 mi
Wilson Avenue Elementary School
19 Wilson Ave, Newark, NJ 07108
K-81 mi
Lafayette Street Elementary School
205 Lafayette Street, Newark, NJ 07105
K-81.3 mi
East Side High School
238 Van Buren Street, Newark, NJ 07105
9-121.3 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-122.1 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-122.4 mi
Oliver Street Elementary School
86 Oliver Street, Newark, NJ 07105
PK-81.8 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-42.2 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-83 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 116 Chapel St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2026
Listed
$950,000
241.73%
MLS
3/17/2010
Sold
$278,000
—
Public Record
Get Price Alerts and Save Property
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 for 116 Chapel St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,545
7%
$263,700
—
2023
$9,831
—
$263,700
—
2022
$9,852
—
$263,700
—
2021
$9,847
33%
$263,700
—
2021
$7,423
-24%
$263,700
—
2018
$9,738
4%
$263,700
—
2017
$9,388
3%
$263,700
—
2016
$9,071
4%
$263,700
—
2015
$8,726
-12%
$263,700
—
2019
$9,918
27%
$263,700
—
2013
$7,787
—
$263,700
—
View All
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 for 116 Chapel St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Re/Max Our Town

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116 Chapel St, Newark, NJ 07105 (MLS# 4052264) is a Multi-Family property with 2 units containing 8 bedrooms and 5 full bathrooms. 116 Chapel St is currently listed for $950,000 and was received on September 11, 2026. Want to learn more about 116 Chapel 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.

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