$7,599 Closing Credit¹
#25008934, Augusto Verissimo, Listing Office: Weichert Home City Realty
$659,900 List price
87 Union St Newark, NJ 07105
$7,836
Closing credit¹
4 beds
3 full
1,522 sqft
109.3 acres
$434 / sqft
Multi-Family
Property details
About 87 Union St
Welcome to the Heart of the Ironbound. Where Culture, Cuisine, and Convenience Converge. Step into the most desirable neighborhood in Newark...the iconic Ironbound. Just steps from Ferry Street, this rare two-family home places you in the center of it all. Offering 4 bedrooms and 3 bathrooms, this home blends timeless character with smart investment potential. The first unit features two generously sized bedrooms with hardwood floors and two full bathrooms. The second unit charms with parquet wood flooring in the bedrooms, creating a warm, inviting space. Whether you're a homeowner seeking additional rental income or an investor eyeing a prime location, this property delivers. Best of all, you're just a 3-minute walk to Newark Penn Station ideal for a seamless commute into NYC and beyond. In a neighborhood known for its vibrant culture, rich history, and welcoming community, this is more than just a home it's a lifestyle. Opportunities like this don't last long. Make your move to the Ironbound today!
Highlights
Home typeMulti Family
HeatingBaseboard
StatusActive
CoolingMulti Unit(s)
Size1,522 sqft
BasementYes
Lot size109.3 Acres
Year built1857
MLS #22511839
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 4
- Heating: Baseboard
- Cooling: Multi Unit(s)
- List Price: $659,900
- Price/SqFt: $433
- Annual Tax Amount: $5,126
- Tax Year: 2024
- Year Built: 1857
- Living Area: 1,522 SqFt
- Lot Size: 109.3 Acres
- MLS Number: 22511839
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: EXIT Realty East Coast Shirvanian
- Listing Agent: Mary Hart
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$659,900
87 Union St
$7,836
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 30, 2021 | Home Sold | $469,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $137,500 | $5,126 |
| 2022 | $137,500 | $5,134 |
| 2021 | $137,500 | $5,134 |
| 2020 | $137,500 | $5,171 |
| 2019 | $137,500 | $5,077 |
History based on county public records data.
Nearby schools
1
East Ward Elementary School
Public District PK-3
0.4 mi
•104 Oliver St
4
Newark Educators Community Charter School
Public Charter PK-4
0.8 mi
•9-11 Hill St
5
Hamilton Intermediate School
Public District 4-5
1.2 mi
•223 Hamilton 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 $56,783. The majority of Newark, NJ residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
31%
<35k
50%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
53%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
35%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 87 Union St in Newark, NJ and zip code 07105 in the East Ward neighborhood. This 1,522 square foot home, which was built in 1857, sits on a 109.30 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $659,900.
The number of listings in Newark, NJ increased by 25.1% between February and March 2025. In March 2025, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $489,068.
From Rocket Homes Real Estate and based on county public records data.