51 Richards St, Newark City Property Listing: MLS® #4023710

About 51 Richards St

Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.

Features of 51 Richards St

MLS® #	4023710
Price	$1,715,000
Acres	0.08
Year Built	9999
Type	Commercial
Status	Active

Community Information

Address	51 Richards St
Subdivision	Ironbound
City	Newark City
County	Essex
State	NJ
Zip Code	07105-4023

Amenities

Utilities	Electric, Gas In Street
Parking	On-Street Parking

Interior

Heating	Electric, Gas-Natural
# of Stories	3
Has Basement	Yes
Basement	Finished, Full, Walkout

Exterior

Exterior	Brick,Vinyl
Lot Description	Level Lot
Roof	Flat

Additional Information

Date Listed	April 27th, 2026
Zoning	RDV

Listing Details

Office	EXIT REALTY LUCKY ASSOCIATES
Contact Info	973-817-7700

Listing Map

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51 Richards St, Newark City, NJ