#3974886, Listing office: OPTION 1 REALTY GROUP, LLC
Property details
About 23 Foundry St
Your multi family investment search ends here, right in Ironbound, Newark! Welcome to 23 Foundry St, Newark, NJ 07105 " A Prime Opportunity in the Heart of Ironbound!This legal 2-family home is perfectly located right off Ferry Street in one of Newark's most desirable neighborhoods, Ironbound, Newark. Whether you're an investor seeking rental income or a homeowner looking to live in one unit while renting out the other, this property offers incredible flexibility and value.Each unit features two spacious bedrooms and one full bathroom, providing comfortable and functional layouts. The finished basement includes bonus rooms with a separate walkout entrance perfect for extended living, guest space, or additional income potential (buyer to verify use).Enjoy the oversized backyard, ideal for gatherings or creating your private outdoor retreat. With its unbeatable location in the Ironbound known for its vibrant culture, restaurants, and transportation access this is a rare opportunity to own a versatile and income-generating property in a thriving community. Being sold AS-IS.
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.08 Acres
Year built1890
ParkingOn-Street Parking
MLS #3976875
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Microwave, Refrigerator
- Basement: Yes
- Total Bedroom Count: 4
- Parking: On-Street Parking
- Architectural Style: 2-Two Story
- Heating: Natural Gas
- List Price: $635,000
- Directions: Please use GPS
- Year Built: 1890
- Lot Size: 0.08 Acres
- MLS Number: 3976875
- Office Name: KELLER WILLIAMS VILLAGE SQUARE
- Office Phone: (201) 906-3483
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Last updated on: 7/29/2025, 1:55:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
Hamilton Intermediate School
Public District 4-5
1.7 mi
•223 Hamilton St
4
Franklin Elementary School
Public District KG-6
1.7 mi
•100 Davis Ave
1
East Ward Elementary School
Public District PK-3
1.9 mi
•104 Oliver St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,083. Most Newark City, NJ residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
2%
<35k
80%
35k-100k
10%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
13%
Single, with Kids
20%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
4%
12-17 yrs old
30%
18-34 yrs old
43%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Pro Boxing
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Burlington
Family Dollar
Where do the neighbors go to eat?
Qdoba
Popeyes
Church's Chicken
What do the neighbors drive?
Volkswagen
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 23 Foundry St
The listing price of 23 Foundry St property is $635,000.
The property 23 Foundry St is a multi located in Newark City, New Jersey, 07105.
Active Listing: 23 Foundry St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 23 Foundry St are: Hamilton Intermediate School (GreatSchools Rating 5/10), Franklin Elementary School (GreatSchools Rating 4/10), East Ward Elementary School (GreatSchools Rating 1/10), Hawkins Street Elementary School (GreatSchools Rating 2/10), Wilson Avenue Elementary School (GreatSchools Rating 6/10), Ann Street Elementary School (GreatSchools Rating 5/10), Harrison High School (GreatSchools Rating 3/10), East Side High School (GreatSchools Rating 2/10), North Star Academy Charter School (GreatSchools Rating 6/10).
The year of construction for 23 Foundry St is 1890.
This home is located at 23 Foundry St in Newark City, NJ and zip code 07105 in the East Ward neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $635,000.
Between May and June 2025, Newark City, NJ real estate market has seen increase in the number of listings by 29.7%. The median list price of listings available in June 2025 was $499,000, while the average time on the real estate market was 90 days.
From Rocket Homes Real Estate and based on county public records data.