About This Home

This 8-bedroom, 5-bathroom residential multi family at 116 Chapel St in Newark City, NJ is listed for $950,000. Built in 2005, on a 0.06 acres lot.

Key Features

  • Built in 2005
  • 0.06 acre lot
  • 3 stories
  • 2 parking spaces

Property Details

3 stories
5 full
1-car garage
2005

Amenities

A/C
Listing Description

!INVESTMENT OPPORTUNITY IN NEWARK?S IRONBOUND! Don?t miss this spacious and beautifully maintained two-family home, offering approximately 1,400 sq. ft. per apartment, plus a finished ground-level space in mint condition! The first and second floors each feature 6 spacious rooms, 3 bedrooms, and 2 full bathrooms, complemented by beautiful hardwood floors, ceramic tile, and fresh paint throughout.

The ground level offers an additional 4 finished rooms and a full bathroom, providing plenty of extra space and flexibility for the new owner. Laundry facilities are conveniently located on this level as well. Parking is a breeze with a 1-car garage plus 2 additional driveway parking spaces, including a canopy.Step into the backyard and discover a

wonderful space for entertaining and relaxing, featuring a custom-built masonry BBQ area with canopy?perfect for summer cookouts, gatherings, and enjoying your own private outdoor retreat. Spacious, well-maintained, and packed with possibilities, this property is a must see! Schedule your private showing today and discover everything this home has to offer.

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

116 Chapel St

Newark City, NJ 07105-4102

Features & Amenities

Interior Features

Carbon Monoxide DetectorFire ExtinguisherSmoke Detector

Exterior Features

BarbequeMetal FenceSidewalkStorm Window(s)

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 8-bedroom, 5-bathroom residential multi family at 116 Chapel St is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2005, 0.06 acre lot, 3 stories, 2 parking spaces. Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector. Exterior Features: Barbeque, Metal Fence, Sidewalk.

This property is listed by RAYMOND A CLARKE.

RC

RAYMOND A CLARKE

Agent at Remax Our Town

Listed by Remax Our Town · Broker phone: (732) 930-8823 · View on Broker Site · Broker website

MLS# 4052264· Source: Garden State MLS, LLC· 49 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

116 Chapel St, Newark City, NJ 07105-4102

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