Date
Details
Price
Change
Source
7/03/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Newark Ironbound, Investment opportunity 3 story 6 family building in fair condition. All 6 units have 2-bedrooms, potential to improve income making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements, 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 41 Lentz Ave
General
- Price: $1,200,000
- Taxes: $8,941 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4038462
- Updated: 7/4/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Smoke Detector
Exterior
- Color: Brick
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: Between Ferry Street and Horatio Street
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Included
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Flat, Rubberized
- Ceiling Height: 8
- Door Dimensions: 7
- Loading: None
- Stories in Building: 3
- Square Feet: 3,600
- Year Built: 1920
Unit Information
- 2 Bedroom Units: 6
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.04
- Lot Size: 25X71.5
- Permitted Use: 6 family
- Zoning: R3
Financial Considerations
- Price Per Sq. Ft.: $330
- Expenses: Insurance, Snow Removal, Taxes, Water/Sewer
- Operating Expenses: $24,750
- Assessment Amount: $223,600
- Land Assmt: $120,000
- Tax Amount: $8,941
- Tax Year: 2025
- Owner Pays: Maintenance-Common Area, Sewer, Snow Removal, Water
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 1614-02481-0000-00028-0000-
- Block: 2481
- Lot Number: 28
Listed by Exit Realty Lucky Associates
We Value Your Privacy
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We Value Your Privacy
Listing agent
— 41 Lentz Ave —
Exit Realty Lucky Associates
973-817-7700
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 41 Lentz Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 0.1 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.9 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.3 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1.2 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 2.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2.7 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.7 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 3 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 41 Lentz Ave
Tax History
Tax History for 41 Lentz Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,942
7%
$223,600
—
2022
$8,354
—
$223,600
—
2021
$8,349
-2%
$223,600
—
2020
$8,497
1%
$223,600
—
2019
$8,410
2%
$223,600
—
2018
$8,258
4%
$223,600
—
2017
$7,960
3%
$223,600
—
2016
$7,692
4%
$223,600
—
2015
$7,399
12%
$223,600
—
2013
$6,603
—
$223,600
—
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 41 Lentz Ave
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Sold by Outside Office
Sold by Outside Office
41 Lentz Ave, Newark, NJ 07105 (MLS# 4038462) is a Apartment property. 41 Lentz Ave is currently listed for $1,200,000 and was received on July 03, 2026. Want to learn more about 41 Lentz Ave? 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.