38 Delancy St Newark, NJ 07105
South Ironbound NeighborhoodEstimated payment $6,581/month
About This Home
Investment opportunity in a prime Ironbound location. Sold "As Is. Unique layout offers a front multi-family plus a separate rear single-family perfect for maximizing income, flexibility, and long-term value. Front Unit 1 (1st floor + lower level) lives like an expanded residence: 1 bedroom, living room, eat-in kitchen, full bath, plus 4 additional bedrooms and a second full bath below: Central A/C, forced-air heat, updated water heaters, and laundry hookup (tenant-owned). Unit 2 (2nd floor) features 2 bedrooms, an eat-in kitchen, a full bath, laminate/ceramic flooring, gas heat, window A/C, updated plumbing, and a newer water heater. Tenant pays electric and 40% gas. The rear home is ideal for owner-occupancy or premium rent: open-concept living, half bath, and modern kitchen with stainless steel appliances. The second floor offers 2 bedrooms, skylights, and a full bath. Hardwood floors, central A/C/heat, and tankless water heater. Covered outdoor area adds lifestyle appeal. Additional highlights include a fenced yard with gated access and a storage shed. Walk to Newark Penn Station (NYC-25 min), near major highways, Newark Airport, top dining, shopping, and a fast-growing business district.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,427
Lot Details
- 2,731 Sq Ft Lot
- Lot Dimensions are 25x109.3
Home Design
Bedrooms and Bathrooms
- 9 Bedrooms
Basement
- Laundry in Basement
Listing and Financial Details
- Legal Lot and Block 48 / 949
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|---|
| 06/19/2026 06/19/26 | Price Changed | $965,000 | -1.0% | -- | |
| 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 | -- | |
| 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
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 |
|---|---|---|---|
| Previous Owner | $395,850 | FHA | |
| Previous Owner | $15,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 26010062
APN: 14-00949-0000-00048
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Ask me questions while you tour the home.