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$1,650,000
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Property Description
This property is located in the center of the Ironbound District of Newark, featuring one commercial storefront and two residential apartments, all currently rented on a month-to-month basis. Each unit has separate utilities, offering easy management and maintenance. With a full basement for extra storage, this property provides flexibility for both business and rental income. The Ironbound District is known for its cultural diversity along with excellent dining and retail options. It's well-connected by public transportation, with easy access to Newark Penn Station and major transit lines to New York City. Newark Liberty International Airport and major highways are also just minutes away, adding to the convenience. This property offers a unique opportunity for investors or business owners looking to take advantage of a dynamic, well-connected location.
Full Property Details
Full Property Details for 175 Ferry St
General
- Price: $1,650,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250000377
- Updated: 1/8/2025
- Added to Site: 375 day(s) ago
Location
- County: Essex
- Location Details: Jackson and Van Buren Street
Structural Information
- Stories in Building: 2
- # of Stores: 2
Lot Features
- Lot Size: 25x95
- Lot Dimensions: 25 x 95
- Lot Description: 4
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Century 21 Semiao & Associates (201) 991-1300
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Schools
Schools serving 175 Ferry St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.2 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.3 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.7 mi |
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.8 mi |
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 0.9 mi |
Quitman Street School 21 Quitman Street, Newark, NJ 07103 | K-8 | 1.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.1 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 175 Ferry St
Date
Details
Price
Change
Source
10/21/2025
Sold
$1,270,000
-23.03%
Public Record
1/06/2025
Listed
$1,650,000
—
MLS
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 175 Ferry St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,338
2%
$403,300
—
2022
$15,067
—
$403,300
—
2021
$15,041
28%
$403,300
-9%
2021
$11,709
-28%
$442,700
—
2018
$16,349
-2%
$442,700
—
2019
$16,650
6%
$442,700
—
2017
$15,760
3%
$442,700
—
2016
$15,229
4%
$442,700
—
2015
$14,649
12%
$442,700
—
2013
$13,073
—
$442,700
—
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 175 Ferry St
175 Ferry St, Newark, NJ 07105 (MLS# 250000377) is a Commercial property. 175 Ferry St is currently listed for $1,650,000 and was received on January 06, 2025. Want to learn more about 175 Ferry 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.

