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$959,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 5 days ago
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Income-producing, well-maintained property located in Newark's highly desirable Ironbound section. Fully rented and sold in "As Is condition, this unique investment opportunity features a front multi-family residence plus a separate rear single-family home, offering excellent flexibility for owner occupancy or additional rental income potential. The first-floor unit features 1 bedroom, a living room, an eat-in kitchen, and a full bath, plus an additional 4 rooms and a second full shower bath on the lower level. Additional highlights include central air conditioning, forced-hot-air heating, updated water heaters, and a laundry hookup. The second-floor unit offers 2 bedrooms, an eat-in kitchen, a full bath, laminate and ceramic flooring, updated plumbing, gas heat, window A/C units, and a newer water heater. Tenant pays for electricity and 40% of gas expenses. The rear single-family home features an open-concept living and dining area, modern kitchen with stainless steel appliances, half bath, 2 bedrooms, skylights, full bath, hardwood flooring, central A/C and heat, tankless water heater, and a covered outdoor area. Additional property features include a fenced yard, gated access, and a storage shed. Conveniently located near Newark Penn Station, major highways, Newark Liberty International Airport, restaurants, shopping, and Newark's business district.

Full Property Details for 38 Delancy St

General

  • Price: $959,000
  • Taxes: $16,427 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4016791
  • Updated: 10/1/2026
  • Added to Site: 195 day(s) ago

Interior

  • Number of Rooms: 13
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Skylight, Smoke Detector, Tile Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Barbecue, Privacy Fence, See Remarks, Storage Shed, Storm Door(s), Wood Fence

Parking

  • Garage Description: None, On-Street Parking

Location

  • County: Essex
  • Driving Directions: South St, to Pacific, to Delancy St.

Heating & Cooling

  • Cooling Type: 2 Units, Window A/C(s)
  • Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Garbage Included

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Brick, Composition Shingle, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Walk-Out
  • Roof: Composition Shingle, Rubberized
  • Year Built: 1900
  • Remodeled/Updated: 2023

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry, Master Bedroom
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 5

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Pantry, Storage
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Sunroom, Utility Room
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 109.3
  • Driveway/Sidewalk: None
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Cold Water, Gas, Taxes
  • Operating Expenses: $24,436
  • Assessment Amount: $342,900
  • Land Assmt: $67,900
  • Tax Amount: $16,427
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenants' personal property
  • Disclosures: Yes
  • Block: 949
  • Lot Number: 48

Listed by Century 21 Venture Real Estate

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Listing agent

— 38 Delancy St —

  • Century 21 Venture Real Estate

201-306-5361

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 Delancy St

School District:Newark City School District
NameGradesDistance
Oliver Street Elementary School
86 Oliver Street, Newark, NJ 07105
PK-80.4 mi
Lafayette Street Elementary School
205 Lafayette Street, Newark, NJ 07105
K-80.5 mi
Wilson Avenue Elementary School
19 Wilson Ave, Newark, NJ 07108
K-80.7 mi
East Side High School
238 Van Buren Street, Newark, NJ 07105
9-120.4 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-121.4 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-121.5 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.7 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-81.8 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.8 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 38 Delancy St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/21/2026
Price Reduced
$959,000
-0.06%
MLS
7/10/2026
Price Reduced
$959,550
-0.56%
MLS
6/19/2026
Price Reduced
$965,000
-0.52%
MLS
5/12/2026
Price Reduced
$970,000
-0.51%
MLS
4/15/2026
Price Reduced
$975,000
-0.51%
MLS
3/25/2026
Listed
$980,000
398.73%
MLS
10/14/2016
Sold
$196,500
—
Public Record
Get Price Alerts and Save Property
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 for 38 Delancy St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,428
7%
$410,800
—
2022
$15,347
—
$410,800
—
2021
$15,339
33%
$410,800
—
2021
$11,564
-25%
$410,800
—
2019
$15,450
61%
$410,800
58%
2018
$9,587
4%
$259,600
—
2017
$9,242
3%
$259,600
—
2016
$8,930
4%
$259,600
—
2015
$8,590
12%
$259,600
—
2013
$7,666
—
$259,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Century 21 Venture Real Estate

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38 Delancy St, Newark, NJ 07105 (MLS# 4016791) is a Multi-Family property with 3 units containing 9 bedrooms, 4 full bathrooms and 1 partial bathroom. 38 Delancy St is currently listed for $959,000 and was received on March 25, 2026. Want to learn more about 38 Delancy 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.

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