38 Delancy St Newark, NJ 07105
South Ironbound NeighborhoodEstimated payment $6,524/month
Highlights
- Wood Flooring
- Outdoor Grill
- Forced Air Heating System
- Skylights
- Multiple cooling system units
- Storm Doors
About This Home
The layout is ideal for investors or owner-occupants: a multi-family building in the front and a separate single-family residence in the rear. Front Building Unit 1 (First Floor + Lower Level): One bedroom, living room, eat-in kitchen, and full bathroom on the first floor. The lower level is rented together with the first floor, which adds 4 bedrooms and a full bathroom with a shower enclosure. Central A/C, central forced-air heat, and recently replaced water heaters. Washer/dryer hookup (tenant's machine). Front Building Unit 2 (Second Floor): Two bedrooms, an eat-in kitchen, and a full bathroom with laminate and ceramic flooring. Gas heat, window A/C, updated plumbing, and a newer water heater. Tenant pays electricity and 40% of gas. Rear Single-Family Home: Open-concept first floor with kitchen, living area, and half bath. Stainless steel appliances, including refrigerator, stove, dishwasher, and washer/dryer combo. (Homeowner machine) The second floor has 2 bedrooms, skylights, and a full bath. Hardwood floors, central heat and A/C, and a tankless water heater. Covered outdoor space perfect for seating or entertaining. Property Features: Block storage shed, large fully fenced yard with gated access. Location: Walking distance to Newark Penn Station, 25 minutes to NYC. Close to major highways and Newark Liberty International Airport. Steps from the Ironbounds' renowned restaurant scene, international shopping, and Newark's growing downtown business and technology corridor.
Listing Agent
C-21 SEMIAO & ASSOCIATES Brokerage Phone: 201-991-1300 Listed on: 03/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,427
Year Built
- Built in 1900 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Level Lot
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Composition Shingle Roof
- Rubber Roof
- Vinyl Siding
- Composition Shingle
Interior Spaces
- Skylights
- Finished Basement
- Walk-Out Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Storage Shed
- Outdoor Grill
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Multiple Heating Units
- Forced Air Heating System
- Hot Water Baseboard Heater
- Standard Electricity
- Gas Water Heater
Community Details
- Net Operating Income $66,836
Listing and Financial Details
- Assessor Parcel Number 1614-00949-0000-00048-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,623 | $410,800 | $67,900 | $342,900 |
| 2024 | $15,315 | $410,800 | $67,900 | $342,900 |
| 2022 | $15,347 | $410,800 | $67,900 | $342,900 |
| 2021 | $15,339 | $410,800 | $67,900 | $342,900 |
| 2020 | $15,610 | $410,800 | $67,900 | $342,900 |
| 2019 | $15,450 | $410,800 | $67,900 | $342,900 |
| 2018 | $9,587 | $259,600 | $67,800 | $191,800 |
| 2017 | $9,242 | $259,600 | $67,800 | $191,800 |
| 2016 | $8,930 | $259,600 | $67,800 | $191,800 |
| 2015 | $8,590 | $259,600 | $67,800 | $191,800 |
| 2014 | $8,050 | $259,600 | $67,800 | $191,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $980,000 | +92.2% | -- | |
| 05/31/2018 05/31/18 | Sold | $510,000 | +2.2% | -- | View Prior Sale |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- | |
| 03/02/2018 03/02/18 | For Sale | $499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $96,500 | -- | |
| Sheriffs Deed | $96,500 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $410,000 | -- | |
| Deed | $410,000 | -- | |
| Deed | $19,000 | -- | |
| Deed | $19,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $395,850 | FHA | |
| Previous Owner | $15,000 | No Value Available |
Source: Garden State MLS
MLS Number: 4016791
APN: 14-00949-0000-00048
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