156 Jefferson St, Newark, NJ 07105 - Photo 1

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$1,750,000 Just Listed

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Commercial

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Property Description

Investors dream. Don't miss this corner property in the heart of the Ironbound. With 6 residential units, and one storefront business that has been there for many years. 5 units consist of 3 bedrooms 1 rec room, Living room, eat in kitchen. 1 unit has 1 bedroom w/ den, LR and eat in kitchen.

Full Property Details

Full Property Details for 156 Jefferson St

General

Price: $1,750,000
Taxes: $17,519 (2025)
Status: Active
Type: Commercial
Source: Garden_State
MLS ID: 4046655
Updated: 8/21/2026
Added to Site: 1 day(s) ago

Business

Includes: Building & Land

Rooms

Bathrooms

Total Bathrooms: 5
Restrooms: 999

Additional Information

Equipment: See Remarks

Parking

Parking: None

Location

County: Essex
Driving Directions: Corner of Jefferson and Elm
Location Details: Residential Area

Heating & Cooling

Cooling Type: Window A/C(s)
Heating Type: Baseboard - Hotwater
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: All Underground

Structural Information

Construction: See Remarks
Exterior Const.: Aluminum Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt Shingles
Loading: None
Stories in Building: 3
Square Feet: 99,999
Aprox. Leasable: 99,999 Sq. Ft.
Office: 99,999 Sq. Ft.

Unit Information

1 Bedroom Units: 1
3 Bedroom Units: 4
Units w/Full Bath: 5

Lot Features

Lot Size (Acres): 0.06
Lot Size: 95X27.6
Zoning: mix use
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $99
Assessment Amount: $438,100
Land Assmt: $156,000
Tax Amount: $17,519
Tax Year: 2025
Owner Pays: Water
Tenant Pays: Electric, Gas

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: Income & Expenses
Disclosures: Yes
APN: 1614-00962-0000-00001-0000-
Block: 962
Lot Number: 1

Listed by Exit Realty Lucky Associates

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— 156 Jefferson St —

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Schools

Schools serving 156 Jefferson St

School District:Newark City School District

Name	Grades	Distance
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.1 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	0.4 mi
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	0.5 mi
East Side High School 238 Van Buren Street, Newark, NJ 07105	9-12	0.3 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.6 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.6 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.7 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.8 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	2 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 156 Jefferson St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/21/2026

Listed

$1,750,000

—

MLS

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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 156 Jefferson St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$17,520

$438,100

—

2023

$16,332

—

$438,100

—

2022

$16,367

—

$438,100

—

2021

$16,359

28%

$438,100

-10%

2021

$12,806

-29%

$487,900

—

2018

$18,018

-2%

$487,900

—

2019

$18,350

$487,900

—

2017

$17,369

$487,900

—

2016

$16,784

$487,900

—

2015

$16,145

12%

$487,900

—

2013

$14,408

—

$487,900

—

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

Estimate the Cost for 156 Jefferson St

156 Jefferson St, Newark, NJ 07105 (MLS# 4046655) is a Commercial property. 156 Jefferson St is currently listed for $1,750,000 and was received on August 21, 2026. Want to learn more about 156 Jefferson St? Do you have questions about finding other Commercial 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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156 Jefferson St Newark, NJ 07105