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8 Beds
5 Baths

$950,000

116 Chapel Street, Newark NJ, 07105

Property typeMulti-family
Listed by Raymond Clarke with RE/MAX Our Town 973-768-3374

Overview

Active

Active - Active

Listed Sep 11, 2026

Updated 5 days ago

!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.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26034665

Interior Features

Bedrooms
8
Bathrooms
5
Basement
No

Other Property Details

Taxes
$10,545
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
MLS provider logo

Listed by Raymond Clarke with RE/MAX Our Town 973-768-3374

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/6/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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