51 Richards St | Newark City

$1,775,000 | 7 Baths (7 Half) | 0.0 Sq. Ft.

Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods. GSMLS 4023710

Directions to property: Between Ferry and Fleming

MLS Listing ID: 
GSMLS 4023710
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Community Information
Subdivision: 
Ironbound
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
9999
Living Area: 
0.0
Basement: 
Finished, Full, Walkout
Construction
Construction Materials: 
Brick/Block, Wood
Roof: 
Flat
Exterior: 
Brick/Block, Vinyl Siding
Energy Information: 
Electric, Gas In Street
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Baseboard - Hotwater
Heating System Fuel: 
Electric, Gas-Natural
Cooling System: 
Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.08
Lot Size (Dimensions): 
35X100
Waterfront: 
0
Lot Features
Driveway: 
On-Street Parking
Parking Type: 
On-Street Parking
Total Parking Spaces: 
0
Public Record
Parcel Number: 
1614-02476-0000-00016-0000-
Lot Number: 
16
Annual Tax: 
$14,396.00
Property Zoning: 
RDV
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/28/2026
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land
Possession: 
closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXIT REALTY LUCKY ASSOCIATES