This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
$4,100,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
This is a unique assemblage of three properties located within an Opportunity Zone and the Transit Village of the Ironbound section of Newark. The properties are ideally situated near Newark Penn Station, Red Bull Arena, and Newark Liberty International Airport.
Full Property Details
Full Property Details for 251 Walnut St
General
- Price: $4,100,000
- Taxes: $11,565 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4017112
- Updated: 3/27/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 999
- Restrooms: 999
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: 2 Car Width, Additional Parking, Blacktop
Location
- County: Essex
- Driving Directions: Jefferson Street to Walnut Street
- Location Details: Corner
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: Electric, Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Ceiling Height: 999
- Door Dimensions: 999
- # Loading Docks: 999
- Bays: 999
- Stories in Building: 999
- Square Feet: 999
- Aprox. Leasable: 999 Sq. Ft.
- Office: 999 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 33X95.5
- Zoning: Mix use
Financial Considerations
- Price Per Sq. Ft.: $999
- Assessment Amount: $289,200
- Land Assmt: $192,000
- Tax Amount: $11,565
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-00962-0000-00063-0000-
- Block: 962
- Lot Number: 63
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Schools
Schools serving 251 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 | 0.4 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 251 Walnut St
Date
Details
Price
Change
Source
3/27/2026
Listed
$4,100,000
—
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 251 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,998
2%
$289,200
—
2023
$10,781
—
$289,200
—
2022
$10,805
—
$289,200
—
2021
$10,799
30%
$289,200
-6%
2021
$8,331
-27%
$309,200
—
2018
$11,419
4%
$309,200
—
2017
$11,008
3%
$309,200
—
2016
$10,636
-9%
$309,200
—
2019
$11,629
14%
$309,200
—
2015
$10,231
-31%
$309,200
—
2013
$14,833
—
$309,200
—
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 251 Walnut St
251 Walnut St, Newark, NJ 07105 (MLS# 4017112) is a Commercial property. 251 Walnut St is currently listed for $4,100,000 and was received on March 27, 2026. This property is listed by Isaias Garcia Rodrigues from our Westfield Office.Want to learn more about 251 Walnut 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.


