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$1,200,000
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Property Description
Rare Mixed-Use Investment Opportunity: Residential + Commercial Income. Unlock exceptional cash flow and long-term upside with this unique two-property package located in a high-demand area. Features a well-maintained multifamily property, paired with a separately addressed, commercially zoned rear lot, offering flexibility that is truly hard to find. Commercially zoned lot located in a desirable area of the Ironbound section. Two garage/warehouse units, each approximately 37 ft wide x 29 ft deep. Roughly 1,000 sq ft per unit (2,000+ sq ft total). Ideal for storage, contractors, small business use, or additional rental income.To be sold as a package.
Full Property Details
Full Property Details for 548 Ferry St
General
- Price: $1,200,000
- Taxes: $6,811 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 3999182
- Updated: 12/2/2025
- Added to Site: 52 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: See Remarks
Parking
- Parking: See Remarks
Location
- County: Essex
- Driving Directions: Ironbound to Ferry Street
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Construction: Brick/Block
- Exterior Const.: Aluminum Siding
- Roof: Asphalt Shingles
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 29.9X87
Financial Considerations
- Assessment Amount: $179,100
- Land Assmt: $159,300
- Tax Amount: $6,811
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1614-02466-0000-00031-0000-
- Block: 2466
- Lot Number: 31
Listed by Rosa Agency
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Schools
Schools serving 548 Ferry St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 0.2 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 |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.8 mi |
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 1.8 mi |
Quitman Street School 21 Quitman Street, Newark, NJ 07103 | K-8 | 2.4 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 2.9 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 548 Ferry St
Date
Details
Price
Change
Source
11/24/2025
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.
Tax History
Tax History for 548 Ferry St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,811
2%
$179,100
—
2023
$6,677
—
$179,100
—
2022
$6,691
—
$179,100
—
2021
$6,688
-2%
$179,100
—
2020
$6,806
3%
$179,100
—
2018
$6,614
4%
$179,100
—
2017
$6,376
3%
$179,100
—
2016
$6,161
4%
$179,100
—
2015
$5,926
-12%
$179,100
—
2019
$6,736
21%
$179,100
—
2014
$5,554
—
$179,100
—
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 548 Ferry St
548 Ferry St, Newark, NJ 07105 (MLS# 3999182) is a Commercial property. 548 Ferry St is currently listed for $1,200,000 and was received on November 24, 2025. Want to learn more about 548 Ferry 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.

