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Ironbound

Ironbound

Neighborhood in Newark, New Jersey

Essex County 07105, 07114

$522,686 Average Value
$279 Average Price per Sq Ft
16 Homes For Sale

Ironbound: Newark's cultural and industrial hub

Newark’s Ironbound community earned its name because the area is bounded by railroads, highways and industrial plants. The area started as farmland but quickly became an industrial hub in the 1830s. Since then, Ironbound has become a thoroughly diverse area with an eclectic range of restaurants and near-constant cultural celebrations. Marc Titus is a Realtor with Realty One Group and knows the Ironbound community intimately. “It’s an explosion of culture,” Titus says. “There are restaurants on just about every corner. There are good night spots and social events. People walk the curbside that allows you to go bar hopping or restaurant hopping.” While Ironbound’s social scene is a major draw to new residents, some people move to the area for easy access to public transportation. “You have the proximity to restaurants and everything else in New Jersey. The airport is close by, and it’s close to major highways. Transit is not a problem. They’re using millions of dollars to redevelop the train station. There’s lots of growth that’s coming in, even in New Jersey itself.”

Renting apartment units or buying multifamily homes

“I see more renters than owners,” Titus says. “One building might have three units, and people pay a premium to live here.” Rent can range from $145,000 for studio apartments to $4,500 for three-bedroom luxury units. Some condos sell for $295,000 to $550,000. Many multifamily properties were built in the late 1800s to early 1900s with bay windows and colonial-inspired designs. Larger and more recently updated multifamily homes sell for $800,000 to $1.6 million, but some smaller homes that may need renovations have sold for $400,000 to $800,000. Townhouses and single-family homes are rare, and townhouses have a median sale price of about $518,000, while the single-family median is almost $408,000.

Riverfront Park is a growing outdoor destination

“There’s a lot of development in and around Ironbound,” Titus says. “Riverfront Park is expanding, and that’s going to provide a lot of green space. There are other parks, but they’re really doing a big thing there.” Riverfront Park has a playground and a walking trail that loops around the athletic fields. The park extends along the Passaic River, and the newest addition is set to open in 2025 with a new amphitheater, an art wall and kiosks local vendors can use. Independence Park is in the heart of Ironbound, and visitors can cool off on the splash pad in the summer, play a game in the hockey rink or visit the senior center.

Eight schools in Ironbound, with a new high school opening soon

Ironbound has seven schools that offer kindergarten through eighth-grade classes. Ann Street School is the highest rated, earning a B-minus from Niche. Most kids later transfer to East Side High School, which also gets a B-minus. A new school is set to open in 2025 and reduce the large student population at East Side High: The Newark School of Architecture & Interior Design. The school’s building was previously the St. James Hospital, which had been vacant since 2008.

All of Ironbound comes out for Portugal Day Festival

From Brazilian Day to Our Lady of Mt. Carmel’s Italian Festival, Ironbound is almost always in party mode. “The biggest one is the Portugal Day Festival,” Titus says. “That’s the crème de la crème. It’s a wonderful time.” The festival is often held the first weekend in June, with food vendors and live music, but the community holds events leading up to the big day, including raising the Portuguese Flag at city hall, a special Mass at Newark Cathedral and the grand parade down Ferry Street. Sports fans can catch a New Jersey Devils hockey game at Prudential Center or see the New York Red Bulls play soccer at Sports Illustrated Stadium.

Taking the bus, train or interstate into New York

Many homes have garages or gated alley driveways, but cars are always parked on the sides of the road. Wide sidewalks border the streets, allowing residents to walk to shops, restaurants or parks. When it snows, drivers are not allowed to park on major roadways, such as Ferry Street. Drivers move their cars to designated public school parking lots to avoid being ticketed and towed.

Manhattan, New York, is about 16 miles away when driving along Interstate 95, but many commuters choose to catch the train at Newark Penn Station for a 20-minute trip to New York’s Penn Station. NJ Transit buses run throughout the area as well. The Ironbound neighborhood is north of Newark Liberty International Airport, making it easy for workers and international travelers to reach the busy site by driving down U.S. Route 9 Bypass, a 10-minute trip with light traffic. Because the airport is close to Ironbound, residents usually hear planes.

Walking to diverse restaurants and bars along Ferry Street

Many of Ironbound’s restaurants are family-owned, serving Italian, Latin and fusion menus. Ferry Street often has the most foot traffic due to its shops and restaurants. Naming every great dining spot would take ages, but some standout names include Fornos of Spain and Sol-Mar Restaurant. “Adega Grill has a lounge area, a restaurant and then a bar,” Titus says. “You can go in no matter what mood you’re in. You can sit at the bar and watch the game. The bartenders are great. You can sit in the lounge and talk, with music in the background. You can get a really nice meal; Dinner is wonderful there.” There are plenty of grocery stores to walk to, from Seabra Foods to more specialized shops like Garden Farm Market. Ferry Street also features a few locally owned boutiques, like Nadri Fashion and Bella & Blessed Boutique. Downtown Newark has even more boutiques and is a roughly 15-minute bus ride away.
Rylee Doyle
Written By
Rylee Doyle
Sean Madden
Photography Contributed By
Sean Madden

Agents Specializing in this Area

  • Augusto Verissimo

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (862) 352-7785

    217 Total Sales

    90 in Ironbound

    $150K - $1.6M Price Range

    Augusto Verissimo
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  • Lionel Cruz

    Lionel Cruz

    Responds Quickly

    NEXTHOME PRIME

    (866) 794-0032

    57 Total Sales

    2 in Ironbound

    $370,000 Price Range

    Lionel Cruz
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  • Cynthia Barrett-Bismuth

    Cynthia Barrett-Bismuth

    Olymp US Realty Group, LLC

    (855) 694-5245

    44 Total Sales

    3 in Ironbound

    $295K - $440K Price Range

    Cynthia Barrett-Bismuth
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  • Dinara Sammartino

    Dinara Sammartino

    Century 21 Semiao & Associates

    (973) 382-9925

    65 Total Sales

    6 in Ironbound

    $280K - $1.1M Price Range

    Dinara Sammartino
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  • CESAR VILLON

    CESAR VILLON

    Prominent Properties Sotheby's International Realty-Alpine

    (551) 999-9575

    20 Total Sales

    1 in Ironbound

    $315,000 Price

    CESAR VILLON
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  • Carlie Carreira

    Carlie Carreira

    EXP Realty, LLC

    (862) 256-6672

    45 Total Sales

    2 in Ironbound

    $995,000 Price Range

    Carlie Carreira
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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Explore All Schools

Interested in learning more about homes in this area? Reach out to Augusto Verissimo, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Newark Liberty International

8 min drive

Train

Newark Penn Station

Bus

Wilson Ave & Ann St

Bus

Pacific St & East Kinney St

Bus

Pulaski St & New York Ave

Bus

Chapel St & Riverview Ct

Bus

Market St & Fillmore St

Bus

Union St & Green St

Bus

Ferry St & Christie St

Crime and Safety

1 - Low Crime, 10 - High Crime Ironbound US
Homicide 5 4
Sexual Assault 4 4
Assault with Weapon 5 4
Robbery 7 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Ironbound Demographics and Home Trends

On average, homes in Ironbound, Newark sell after 52 days on the market compared to the national average of 49 days. The median sale price for homes in Ironbound, Newark over the last 12 months is $390,000, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median List Price
$412,950
Median Sale Price
$390,000
Median Single Family Sale Price
$407,950
Median Townhouse Sale Price
$517,500
Median 2 Bedroom Sale Price
$340,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
44
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$279

Neighborhood Facts

Number of Homes in Neighborhood
331
Number of Homes for Sale
16
Median Year Built
1991
Months of Supply
4.40
Average Single Family Home Size Sq Ft
2,597
Significantly above the national average
1,933
Average Townhouse Size Sq Ft
1,840
Average 2 Bedroom Size Sq Ft
1,169
Average 1 Bedroom Size Sq Ft
973
Median Lot Size Sq Ft
1,524

Open Houses

  • Sunday, Jun 15
    3 - 5pm

    97 Saint Charles St, Newark, NJ 07105

    $639,000

    • 4 Beds
    • 3 Baths
    • 97 Saint Charles St
    • New 4 days ago

    Nice upgraded two-family house, beautiful open-space kitchen with granite countertops, a finished basement, and a great backyard to enjoy. This property is well located and just a few steps from a park. It's a must-see, schedule your visit today.

    ROBERTA WOISKY OPTION 1 REALTY GROUP, LLC

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  • Saturday, Jun 14
    2 - 4pm

    76 Union St Unit A10, Newark, NJ 07105

    $550,000

    • 2 Beds
    • 2.5 Baths
    • 76 Union St
    • Unit A10
    • New 9 days ago

    Beautiful Townhome in the Heart of Ironbound! Welcome to this stunning townhome nestled in the vibrant Ironbound neighborhood where historic charm meets modern city living. This sunlit 2-bedroom, 2.5-bath home offers an open-concept layout with sweeping views of the city, creating a bright and welcoming atmosphere from the moment you step inside. The spacious kitchen is perfect for everyday

    WENDY ARCURE COLDWELL BANKER REALTY

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  • Sunday, Jun 15
    11am - 2pm

    390 Lafayette St, Newark, NJ 07105

    $875,000

    • 6 Beds
    • 4 Baths
    • 390 Lafayette St
    • New 16 days ago

    Location, Location, Location! Nestled In One Of The Ironbound's Most Coveted Areas, This Bright & Airy, Mega 3-Family Home Is A Rare Gem Originally Custom-Built And Meticulously Maintained Throughout The Years. They Simply Do Not Make Them Like This Anymore- Offering Three Expansive Levels Of Finished Living Space, Including A Walk-Out Basement, This Timeless Property Is Perfect For Both Savvy

    Antonio Henriques PROMINENT PROPERTIES SIR

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Distribution of Home Values

Source: Public Records

Homes for Sale

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Homes for Rent

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Interested in learning more about homes in this area? Reach out to Augusto Verissimo, an experienced agent in this neighborhood.

Average Home Value

Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
42,845
Median Age
37
Population under 18
25.9%
On par with the national average
23.8%
Population over 65
11.4%
Below the national average
19.1%

Finances

Median Household Income
$47,826
Significantly below the national average
$71,702
Average Household Income
$63,560

Education and Workforce

High School Graduates
70.5%
Below the national average
89.1%
College Graduates
13.6%
Below the national average
34.1%
Advanced Degrees
3.3%
% Population in Labor Force
68.3%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
86°F
Annual Snowfall
16''

Area Factors

Bikeable

Bike Score®

62 / 100

Somewhat Walkable

Walk Score®

67 / 100

Some Transit

Transit Score®

46 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How Walk Score Works

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Manor Section
Manor Section

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North End
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Reviews

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New Jersey Essex County Newark
Ironbound
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Ironbound
Augusto Verissimo
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Augusto Verissimo
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Agent experienced in this area
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