38 Delancy St Newark, NJ 07105
South Ironbound NeighborhoodEstimated payment $6,650/month
Highlights
- Wood Flooring
- Outdoor Grill
- Forced Air Heating System
- Skylights
- Multiple cooling system units
- Storm Doors
About This Home
Income-producing, well-maintained property located in Newark's highly desirable Ironbound section. Fully rented and sold in "As Is condition, this unique investment opportunity features a front multi-family residence plus a separate rear single-family home, offering excellent flexibility for owner occupancy or additional rental income potential. The first-floor unit features 1 bedroom, a living room, an eat-in kitchen, and a full bath, plus an additional 4 rooms and a second full shower bath on the lower level. Additional highlights include central air conditioning, forced-hot-air heating, updated water heaters, and a laundry hookup. The second-floor unit offers 2 bedrooms, an eat-in kitchen, a full bath, laminate and ceramic flooring, updated plumbing, gas heat, window A/C units, and a newer water heater. Tenant pays for electricity and 40% of gas expenses. The rear single-family home features an open-concept living and dining area, modern kitchen with stainless steel appliances, half bath, 2 bedrooms, skylights, full bath, hardwood flooring, central A/C and heat, tankless water heater, and a covered outdoor area. Additional property features include a fenced yard, gated access, and a storage shed. Conveniently located near Newark Penn Station, major highways, Newark Liberty International Airport, restaurants, shopping, and Newark's business district.
Listing Agent
CENTURY 21 VENTURE REAL ESTATE Brokerage Phone: 201-306-5361 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 $57,857
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,428 | $410,800 | $67,900 | $342,900 |
| 2025 | $16,428 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | Price Changed | $959,000 | -0.1% | -- | |
| 07/09/2026 07/09/26 | Price Changed | $959,550 | -0.6% | -- | |
| 06/18/2026 06/18/26 | Price Changed | $965,000 | -0.5% | -- | |
| 05/12/2026 05/12/26 | Price Changed | $970,000 | -0.5% | -- | |
| 04/15/2026 04/15/26 | Price Changed | $975,000 | -0.5% | -- | |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $96,500 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $410,000 | -- | |
| Deed | $19,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $484,416 | FHA | |
| Previous Owner | $395,850 | FHA |
Source: Garden State MLS
MLS Number: 4016791
APN: 14-00949-0000-00048
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