09/24/2026
🏢 IRONBOUND MULTIFAMILY PORTFOLIO | NEWARK, NJ
31 units. 5 income-producing buildings. One portfolio.
An opportunity to acquire a multifamily portfolio located in Newark’s highly established Ironbound neighborhood — offered together as a package.
💰 Asking Price: $7,425,000
🏘️ 31 Total Units
📊 $519,572 Combined NOI
📈 7.00% Cap Rate
💵 $239,516 Price/Unit
📉 11.1x GRM
SELLER FINANCING AVAILABLE
▪️ 30% Down
▪️ 4.75% Fixed
▪️ 5-Year Note
▪️ 30-Year Amortization
Additional highlights include separately metered units, low owner-paid utility costs, and mixed-use income from two commercial storefronts at 99 Pulaski Street.
📍 All five properties are located in Newark’s Ironbound, approximately 1¼ miles from Newark Penn Station, with convenient access to the NJ Turnpike, NJ Transit, Newark Airport and Port Newark.
Interested in the offering memorandum, financials, or scheduling a private discussion?
📲 Marilene Oliveira, Realtor
Cell: 973-908-0348
Office: 973-344-1000
EXIT Realty Lucky Associates
290 Ferry Street, Newark, NJ 07105