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$749,000
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Property Description
Each unit features a 2bed and 1 full bath, offering a functional layout with strong rental potential. A new furnace for each unit and a whole house water purifier were installed in2025. Property is tenant occupied and being sold strictly as-is, the buyer is responsible for all required inspections and certifications. Great opportunity for investors or buyers lookingto own in a vibrant neighborhood , blocks away from Newark Penn Station, Independence Park , minutes to EWR Airport and so much more. This property offers convenient access to public transportation and major highways. This is an opportunity to add value in one of Newark's most sought after communities.
Full Property Details
Full Property Details for 23 Nichols St
General
- Price: $749,000
- Taxes: $13,628 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4014599
- Updated: 3/16/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Patio, See Remarks, FencVnyl
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: Pacific to Nichols
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Flat
- Year Built: 1920
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: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 27 x 90
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $267,800
- Land Assmt: $73,000
- Tax Amount: $13,628
- Tax Year: 2025
Disclosures and Reports
- Block: 944
- Lot Number: 50
Listed by Weichert Realtors
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Schools
Schools serving 23 Nichols St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
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 | 0.3 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.4 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.5 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 |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.9 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 23 Nichols St
Date
Details
Price
Change
Source
3/16/2026
Price Increased
$749,000
2.74%
MLS
3/15/2026
Listed
$729,000
45.8%
MLS
3/09/2021
Sold
$500,000
—
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 23 Nichols St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,961
2%
$340,800
—
2022
$12,732
71%
$340,800
—
2021
$7,457
-2%
$340,800
71%
2020
$7,589
3%
$199,700
—
2018
$7,375
4%
$199,700
—
2017
$7,109
3%
$199,700
—
2016
$6,870
4%
$199,700
—
2015
$6,608
-12%
$199,700
—
2019
$7,511
27%
$199,700
—
2013
$5,897
—
$199,700
—
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 23 Nichols St
23 Nichols St, Newark, NJ 07105 (MLS# 4014599) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 23 Nichols St is currently listed for $749,000 and was received on March 15, 2026. Want to learn more about 23 Nichols 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.

