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$799,000
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Property Description
Large three-family home located just steps from the lively Ironbound district and minutes from Newark Penn Station, offering unbeatable access to NYC trains and all major transportation routes. The property features three spacious apartments with strong layouts, a finished basement, and a solid rent roll, currently grossing approximately $7,000 per month with clear upside potential. Recent upgrades include a brand-new roof, adding long-term value and peace of mind. Ideal for investors seeking stable cash flow in a high-demand location with continued growth potential.
Full Property Details
Full Property Details for 69 South St
General
- Price: $799,000
- Taxes: $11,561 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4007547
- Updated: 2/6/2026
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Location
- County: Essex
- Driving Directions: Rt 21 to South St
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially, Full, Walk-Out
- Roof: Flat
- Year Built: 1912
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 27.6 x 101
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $270,700
- Land Assmt: $33,300
- Tax Amount: $11,561
- Tax Year: 2024
Disclosures and Reports
- Block: 896
- Lot Number: 5
Listed by Keller Williams Park Views
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Schools
Schools serving 69 South St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.3 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.4 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.8 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.9 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.9 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.1 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 1.2 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.3 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 69 South St
Date
Details
Price
Change
Source
1/30/2026
Listed
$799,000
—
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 69 South St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,561
2%
$304,000
—
2022
$11,357
—
$304,000
—
2021
$11,351
42%
$304,000
—
2020
$7,972
1%
$304,000
45%
2019
$7,891
2%
$209,800
—
2018
$7,748
4%
$209,800
—
2017
$7,469
3%
$209,800
—
2016
$7,217
4%
$209,800
—
2015
$6,942
7%
$209,800
—
2014
$6,506
—
$209,800
—
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 69 South St
69 South St, Newark, NJ 07102 (MLS# 4007547) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 69 South St is currently listed for $799,000 and was received on January 30, 2026. Want to learn more about 69 South 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.

