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$979,999
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Property Description
Discover this well-maintained 3-family property located in the highly sought-after Ironbound section, with excellent rental potential. Perfect for investors or owner-occupants looking to generate solid income.Conveniently situated near public transportation, schools, parks, shopping, restaurants, and major highways.Don't miss this opportunity to own a multi-family home in one of the most vibrant and desirable areas of the city!
Full Property Details
Full Property Details for 195 Walnut St
General
- Price: $979,999
- Taxes: $7,682 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4001455
- Updated: 12/20/2025
- Added to Site: 26 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Pacific st to Walnut st.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 25 x 95
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $133,400
- Land Assmt: $68,600
- Tax Amount: $7,682
- Tax Year: 2024
Disclosures and Reports
- Block: 940
- Lot Number: 27
Listed by Rosa Agency
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Schools
Schools serving 195 Walnut St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.2 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.3 mi |
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.4 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.6 mi |
Quitman Street School 21 Quitman Street, Newark, NJ 07103 | K-8 | 1 mi |
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 1.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.7 mi |
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103 | PK-4 | 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 195 Walnut St
Date
Details
Price
Change
Source
12/20/2025
Listed
$979,999
—
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 195 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,682
2%
$202,000
—
2023
$7,531
—
$202,000
—
2022
$7,547
—
$202,000
—
2021
$7,543
33%
$202,000
—
2021
$5,686
-24%
$202,000
—
2018
$7,460
4%
$202,000
—
2017
$7,191
3%
$202,000
—
2016
$6,949
4%
$202,000
—
2015
$6,684
-12%
$202,000
—
2019
$7,597
21%
$202,000
—
2014
$6,264
—
$202,000
—
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 195 Walnut St
195 Walnut St, Newark, NJ 07105 (MLS# 4001455) is a Multi-Family property with 3 units containing 6 bedrooms and 4 full bathrooms. 195 Walnut St is currently listed for $979,999 and was received on December 20, 2025. Want to learn more about 195 Walnut 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.

