390 Lafayette St

Newark City, NJ 07105


 

Price: $750,000

GSMLS:  3975754
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 6
Baths: 4 Full
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $8,012
Description
Location, Location, Location! Nestled In One Of The Ironbound's Most Coveted Areas, This Bright And Airy, Custom-built 2-family Home With A Fully Finished Apartment-like Attic Is A Rare Gem. Meticulously Maintained, It Offers Three Expansive Levels Of Finished Living Space, Including A Walk-out Basement Perfect For Investors Or Owner-occupants Alike. Live In One Unit And Rent The Others For Significant Income Potential! Turn-key And Open, The First Level Features A Sun-drenched Living Room With Picture Windows, High Ceilings, Custom Lighting, And Detailed Trim. The Spacious Kitchen Includes Custom Cabinetry, Extended Countertops, Two Bedrooms, A Full Bath, And Direct Basement Access. The Second Level Offers A Larger Layout With 2/3 Bedrooms, In-unit Laundry, An Updated Kitchen With Premium Appliances, And An Office That Leads To A Bonus Third-level Room. A Rear Deck Provides Elevated Backyard Views-- Mint! The Top-floor Unit Includes Additional Finished Living Space Including A Full Bath All Bathed In Natural Light.prime Location! Just Minutes To Nyc Via Bus Or Train And Close To Schools, Shops, Top-rated Restaurants, And The Famed Ferry Street. A Timeless, Legacy Property In The Heart Of Newark's Iconic Ironbound Section. A Must-see. Will Not Last! (roof: 5 Yrs, Boiler: 7 Yrs, Water Heater: 5 Yrs). Note: The Property Is Zoned In An R3 & R4 Zone Which Means Buyer Can Convert The Home Into A Legitimate 4 Family If Desired - A Lucrative Opportunity In A Prime Location!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
20
Basement:
Yes - Finished-Partially, Full, Walkout
Interior:
Blinds, Carbon Monoxide Detector, Carpeting, Chandelier, High Ceilings, Smoke Detector, Window Treatments, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Brick, Vinyl Siding
Lot Size:
25X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living/Dining Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
9
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room, Porch
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Attic
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s), Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Garbage Included
School Information
Elementary:
ANN ST
Middle:
ANN ST
High School:
EAST SIDE
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Ironbound
Financial Considerations
List Price:
$750,000
Tax Amount:
$8,012
Land Assessment:
$71,300
Build. Assessment:
$139,400
Total Assessment:
$210,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3975754
List Date:
07-16-2025
Days On Market:
2
Listing Broker:
PROMINENT PROPERTIES SIR
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox