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$1,425,000
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Property Description
Six-family investment property located in the Ironbound. The building features one 1-bedroom apartment and five 2-bedroom apartments, offering excellent rental demand and consistent income potential. Property is in good condition, making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements. Well-maintained units appeal to long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.
Full Property Details
Full Property Details for 369 E Kinney St
General
- Price: $1,425,000
- Taxes: $9,957 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4023725
- 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: Smoke Detector
Exterior
- Color: white
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: Between Van Buren and Pulaski
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, Electric Baseboard, Baseboard - Hotwater
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Construction: Brick/Block, Wood
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Full, Storage
- Roof: Flat
- Ceiling Height: 8
- Door Dimensions: 7
- Stories in Building: 3
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 5
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25.7X96.5
- Zoning: R3
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Maintenance - Exterior, Maintenance - Interior, Taxes, Water/Sewer
- Operating Expenses: $27,788
- Assessment Amount: $249,000
- Land Assmt: $120,000
- Tax Amount: $9,957
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases
- APN: 1614-00979-0000-00008-0000-
- Block: 979
- Lot Number: 8
Listed by Exit Realty Lucky Associates
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Schools
Schools serving 369 E Kinney St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ann Street Elementary School 30 Ann Street, Newark, NJ 07105 | PK-8 | 0.2 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.4 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 | 1.7 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.8 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 2.1 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 369 E Kinney St
Date
Details
Price
Change
Source
4/27/2026
Listed
$1,425,000
137.5%
MLS
9/20/2017
Sold
$600,000
—
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 369 E Kinney St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,469
2%
$249,000
—
2022
$9,303
—
$249,000
—
2021
$9,298
33%
$249,000
—
2021
$7,009
-25%
$249,000
—
2019
$9,365
2%
$249,000
—
2018
$9,196
4%
$249,000
—
2017
$8,864
3%
$249,000
—
2016
$8,566
4%
$249,000
—
2015
$8,239
12%
$249,000
—
2013
$7,353
—
$249,000
—
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 369 E Kinney St
369 E Kinney St, Newark, NJ 07105 (MLS# 4023725) is a Apartment property. 369 E Kinney St is currently listed for $1,425,000 and was received on April 27, 2026. Want to learn more about 369 E Kinney 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.

