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$599,000 Just Listed
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Property Description
Welcome to 87 Union Street " A Commuter's Dream in the Heart of the Ironbound! Ideally located in the sought-after Ironbound section of Newark, this well-maintained, one-of-a-kind, attached two-family home offers unmatched convenience and lifestyle. Step outside your door and enjoy the vibrant energy of Ferry Street's renowned restaurants, Shoppings and neighborhood amenities. This prime location is just one block from Newark Penn Station, providing an easy NYC commute approximately 20 minutes by train. Nearby attractions include the Prudential Center, the New Jersey Performing Arts Center, Whole Foods Market, and the Newark Museum of Art, as well as recreational parks, major highways, and public transportation. The property features a first-floor unit with two spacious bedrooms, hardwood floors, and two full bathrooms. Second-floor unit: Six rooms including two bedrooms, one full bathroom, and ample closet space. Unfinished basement with additional potential. Concrete driveway with parking for one car. Whether you're an owner-occupant or an investor, property offers an outstanding opportunity to live or invest in one of Newark's most vibrant and thriving communities.Don't miss this exceptional Ironbound opportunity!
Full Property Details
Full Property Details for 87 Union St
General
- Price: $599,000
- Taxes: $5,498 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4014651
- Updated: 3/16/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Carbon Monoxide Detector, Parquet Floors, Smoke Detector, Tile Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Metal Fence, Patio, Sidewalk, Storage Shed, Storm Door(s), Thermal Windows/Doors
Location
- County: Essex
- Subdivision: Ironbound
- Driving Directions: Between Lafayette St. and Ferry Street at the corner of Hamilton
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding, Metal Siding
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Slab, Unfinished, Walk-Out
- Roof: Asphalt Shingles, Flat
- Year Built: 1857
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen
- Square Feet: 575
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Kitchen, Living Room, Sunroom
- Square Feet: 946
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 109.3
- Lot Dimensions: 20.2 x 109.3A
- Driveway/Sidewalk: 1 Car Width, Concrete, Driveway-Exclusive, Off-Street Parking
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $74,500
- Land Assmt: $63,000
- Tax Amount: $5,498
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 193
- Lot Number: 2
Listed by Weichert Realtors - Home City
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Price & Sales History for 87 Union St
Date
Details
Price
Change
Source
3/16/2026
Listed
$599,000
27.47%
MLS
10/05/2021
Sold
$469,900
—
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 87 Union St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,229
2%
$137,500
—
2022
$5,137
—
$137,500
—
2021
$5,134
33%
$137,500
—
2021
$3,871
-25%
$137,500
—
2019
$5,171
2%
$137,500
—
2018
$5,078
4%
$137,500
—
2017
$4,895
3%
$137,500
—
2016
$4,730
4%
$137,500
—
2015
$4,550
7%
$137,500
—
2014
$4,264
—
$137,500
—
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 87 Union St
87 Union St, Newark, NJ 07105 (MLS# 4014651) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 87 Union St is currently listed for $599,000 and was received on March 16, 2026. Want to learn more about 87 Union 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.

