172 CHESTNUT STREET, NEWARK
172 CHESTNUT STREET, NEWARK
$699,000
two familY
UNIT ONE:
2 BEDROOMS | 1 BATHROOM
UNIT TWO:
2 BEDROOMs | 1 BATHROOM
Taxes: $7,546
Welcome to 172 Chestnut Street, an incredible two-family opportunity in Newark’s ultra-sought-after Ironbound neighborhood! This versatile and income-producing property is perfect for investors or a savvy buyer seeking long-term value! The updated exterior, covered front porch, and wide concrete driveway reflect the care and upkeep throughout the home!
The first-floor unit features two bedrooms, a sun filled living room, spacious eat-in kitchen, and a full bathroom. This unit is equipped with central heating and cooling, offering year-round comfort.
The second-floor unit offers a similar layout with two bedrooms, a bright living area, full bathroom, and an eat-in kitchen, complemented by central cooling and baseboard heating.
The walk-out finished basement adds valuable bonus space, complete with a recreation area, full bathroom, and laundry room! Outside, the property truly stands out with a wide driveway and garage perfect for additional storage - an undeniable premium in the Ironbound!
This property checks all the boxes with its prime location and thoughtful updates! This is a rare find in a vibrant, in-demand neighborhood! Just minutes from the Ironbound’s best restaurants, shops, and everyday conveniences! Plus easy access to Newark Penn Station and Newark International Airport - this home makes commuting a breeze!
