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66-68 Chambers St, Newark, NJ, 07105

6beds
3baths
0sqft
$1,100,000
--price/sqft
$8,316/moest. monthly cost
$332,640/yrincome needed

About This Home

Great Investment Opportunity " Package Deal: Three-Family Home + 25' x 100' Lot in Newark's Ironbound District. Located in one of Newark's most desirable neighborhoods, the Ironbound, this unique package deal offers tremendous potential for investors, developers, or owner-occupants. Just a few blocks from Newark Penn Station, you'll enjoy convenient access to New York City with an approximately 20-minute train ride to Manhattan. The property is also minutes from the vibrant Ferry Street district, known for its outstanding restaurants, shops, and lively atmosphere. These three-family fixer-upper features, on each floor: Kitchen, Living room, Two bedrooms, Full bathroom. Additional highlights include: a finished basement with a laundry and utility room, one heating system with four zones, and a rare blacktop driveway with five-car garage parking. Whether you're looking to renovate, generate rental income, or pursue redevelopment opportunities, this property presents outstanding potential in a highly sought-after location. Included a 25' x 100' lot, offering additional value and future possibilities. Don't miss this chance to own a valuable property in Newark's thriving Ironbound neighborhood.

Getting Around

95
WalkingWalker's Paradise
81
TransitExcellent Transit
68
BikeBikeable

Schools

2/10
East Side High SchoolGrades 9-120.6 mi
8/10
Technology High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1892

Materials

  • Roof: Flat
  • Construction materials: Brick,Composition Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Eat-in Kitchen,Living/Dining Room,Kitchen
  • Flooring: Tile,Vinyl-Linoleum Floors

Heating

  • Heating features: 1 Unit,Baseboard - Hotwater,Radiators - Hot Water,Natural Gas

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614019960000000160000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,613 sqft
  • Features: Level
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 5
  • Parking features: 1 Car Width,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$636$7,632
Property Taxes $1,925$23,100
Electricity $193$2,318
Total$8,316$99,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$285,120/yr
40% on housing$249,480/yr
45% on housing$221,760/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07105$353
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07105$206
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$1,100,000
2026-06-23Listed for sale$1,100,000

For Sale by Agent

AgentAugusto Verissimo
BrokerageWeichert Realtors - Home City

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