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back on the market! 230 Jefferson St 2,538 SF Office Building Newark, NJ 07105 $449,000 ($176.91/SF)
Executive Summary
PROPERTY OVERVIEW
HUGE price reduction!!!
Discover an exceptional investment opportunity in the heart of the sought-after South
Ironbound area at 230 Jefferson St, Newark, NJ, 07105. This versatile 2,700 SF
building, renovated in 1979, presents a compelling prospect for redevelopment. With
two units offering flexibility for multi-tenant occupancy. Previously zoned for
commercial use, now zoned residential, the property offers a strategic location within
the dynamic South Ironbound market.
PROPERTY HIGHLIGHTS
- Previously zoned for commercial use
- Prime location in South Ironbound area
- Needs total rehab
HUGE price reduction!!!
Discover an exceptional investment opportunity in the heart of the sought-after South
Ironbound area at 230 Jefferson St, Newark, NJ, 07105. This versatile 2,700 SF
building, renovated in 1979, presents a compelling prospect for redevelopment. With
two units offering flexibility for multi-tenant occupancy. Previously zoned for
commercial use, now zoned residential, the property offers a strategic location within
the dynamic South Ironbound market.
PROPERTY HIGHLIGHTS
- Previously zoned for commercial use
- Prime location in South Ironbound area
- Needs total rehab
Property Facts Under Contract
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Property Subtype
Building Size
2,538 SF
Building Class
C
Year Built/Renovated
1960/1979
Price
$449,000
Price Per SF
$176.91
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,268 SF
Building FAR
1.10
Lot Size
0.05 AC
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (82)
Property Taxes
| Parcel Number | 14-00958-0000-00003 | Improvements Assessment | $195,200 (2025) |
| Land Assessment | $138,000 (2025) | Total Assessment | $333,200 (2025) |
Property Taxes
Parcel Number
14-00958-0000-00003
Land Assessment
$138,000 (2025)
Improvements Assessment
$195,200 (2025)
Total Assessment
$333,200 (2025)
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back on the market! | 230 Jefferson St
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