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$1,495,000
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Property Description
Turnkey 6-Family investment property located in the highly sought-after Ironbound section on Newark. This well maintained building features six spacious 2-bedroom, 1-bath apartments, all fully occupied, providing immediate and stable rental income. Situated in a prime location close to major highways, public transportation, shopping, and dining, this property is ideal for investors or owner occupants seeking long-term appreciation and consistent cash flow in one of Newarks most vibrant neighborhoods. Full unfinished basement.
Full Property Details
Full Property Details for 237 Astor St
General
- Price: $1,495,000
- Taxes: $15,796 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4023720
- Updated: 4/28/2026
- Added to Site: 37 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Tile, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Appliances, Intercom, Smoke Detector
Exterior
- Color: Tan /Whit
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: Astor Street between Goble and Avenue C
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, Baseboard - Hotwater
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street, Cable TV
Structural Information
- Construction: Brick/Block, Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Storage, Unfinished
- Roof: Flat
- Ceiling Height: 8
- Door Dimensions: 7
- Stories in Building: 3
- Year Built: 1950
Unit Information
- 2 Bedroom Units: 6
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 32.3X75
- Permitted Use: 1-4 Fam / low rise multi / mixed use
- Zoning: MX-2
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Maintenance - Interior, Water/Sewer
- Operating Expenses: $30,521
- Assessment Amount: $395,000
- Land Assmt: $120,000
- Tax Amount: $15,796
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases, Survey Available
- Disclosures: Yes
- APN: 1614-01167-0000-00034-0000-
- Block: 1167
- Lot Number: 34
Listed by Exit Realty Lucky Associates
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Schools
Schools serving 237 Astor St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.4 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.5 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.9 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.9 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 1.2 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.3 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.4 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 237 Astor St
Date
Details
Price
Change
Source
4/27/2026
Listed
$1,495,000
169.37%
MLS
4/26/2018
Sold
$555,000
—
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 237 Astor St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,022
2%
$395,000
—
2022
$14,757
—
$395,000
—
2021
$14,749
33%
$395,000
—
2021
$11,119
-25%
$395,000
—
2019
$14,856
35%
$395,000
32%
2018
$11,013
4%
$298,200
—
2017
$10,616
3%
$298,200
—
2016
$10,258
4%
$298,200
—
2015
$9,867
12%
$298,200
—
2013
$8,806
—
$298,200
—
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 237 Astor St
237 Astor St, Newark, NJ 07114 (MLS# 4023720) is a Apartment property. 237 Astor St is currently listed for $1,495,000 and was received on April 27, 2026. Want to learn more about 237 Astor St? Do you have questions about finding other Apartment real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

