About This Home

This 5-bedroom, 3-bathroom residential multi family at 55 Garrison Street in Newark, NJ is listed for $850,000. on a N/A lot.

Property Details

3 full
2-car garage

Amenities

A/C
Listing Description

Welcome to this well maintained two family home in the heart of Newark's desirable Ironbound section, conveniently located near major highways, public transportation, shopping and dining. A welcoming foyer and dual stairwells at the front and rear of the home provide convenient access throughout.

Each unit offers separate utilities, including separate furnaces and gas and electric meters, plus laundry rooms on each level. The first floor features a spacious eat in kitchen, living room, formal dining room and two bedrooms. The second floor offers a spacious eat in kitchen, formal dining room, living room, three bedrooms, a sunroom and access to a walk up attic.

The full finished basement includes a summer kitchen, dining area, full bathroom with bidet, two additional rooms, recreation space and separate entrances. Additional highlights include updated kitchens and bathrooms, hardwood, linoleum and tile flooring with no carpeting, an open front porch, tiled exterior facade, long driveway, detached two car garage and a yard with a dedicated gardening area.

Currently occupied by long term tenants paying below market rents, the home can be delivered completely vacant at closing. Being sold strictly AS IS, yet exceptionally well maintained and truly move in ready. Projected income. Washer/dryer, refrigerator and AC units not included. All utilities are separate except water. Please wear booties.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

55 Garrison Street

Newark, NJ 07105

Property Details

Cooling

None (Cooling)

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 55 Garrison Street is listed at $850,000. The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Susan Marcrie and can be reached at (732) 298-6006.

SM

Susan Marcrie

Agent at RE/MAX Innovation

(732) 298-6006
Agent website

Listed by RE/MAX Innovation · Broker phone: (732) 298-6006 · View on Broker Site · Broker website

MLS# 26035763· Source: New Jersey MLS Inc.· 16 days on PropertySimple

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

55 Garrison Street, Newark, NJ 07105

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