This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$985,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!
Full Property Details
Full Property Details for 287 New York Ave
General
- Price: $985,000
- Taxes: $15,068 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4041869
- Updated: 7/20/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 23
- Interior Features: Carbon Monoxide Detector, Carpeting, Smoke Detector, Tile Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Exterior
- Exterior Features: See Remarks, Sidewalk
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: Off Pulaski St
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 4+ Units, Baseboard - Hotwater, Radiators - Steam
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Year Built: 1922
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Dimensions: 50 x 100
- Driveway/Sidewalk: None
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $293,700
- Land Assmt: $83,100
- Tax Amount: $15,068
- Tax Year: 2025
Disclosures and Reports
- Block: 566
- Lot Number: 17
Listed by Weichert Realtors - Home City
Get Pre-Approved Today
Schools
Schools serving 287 New York Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ann Street Elementary School 30 Ann Street, Newark, NJ 07105 | PK-8 | 0.1 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.3 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.5 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.1 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.9 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.9 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.7 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.2 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 287 New York Ave
Date
Details
Price
Change
Source
7/20/2026
Listed
$985,000
—
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 287 New York Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,068
7%
$376,800
—
2023
$14,047
—
$376,800
—
2022
$14,077
—
$376,800
—
2021
$14,070
33%
$376,800
—
2021
$10,607
-24%
$376,800
—
2018
$13,915
-2%
$376,800
—
2019
$14,171
6%
$376,800
—
2017
$13,414
3%
$376,800
—
2016
$12,962
4%
$376,800
—
2015
$12,468
12%
$376,800
—
2013
$11,127
—
$376,800
—
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 287 New York Ave
287 New York Ave, Newark, NJ 07105 (MLS# 4041869) is a Multi-Family property with 4 units containing 10 bedrooms and 5 full bathrooms. 287 New York Ave is currently listed for $985,000 and was received on July 20, 2026. Want to learn more about 287 New York Ave? 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.

