38 Delancy St Newark City, NJ 07105

Income-producing property in Newarks desirable Ironbound section. Sold strictly As Is, this property features a front multi-family residence plus a separate rear single-family home, offering flexibility for owner occupancy or rental income potential. First-floor unit includes 1 bedroom, living room, eat-in kitchen, full bath, plus 4 additional rooms and a second full shower bath on the lower level. Features include central A/C, forced hot-air heat, updated water heaters, and laundry hookup. Second-floor unit offers 2 bedrooms, an eat-in kitchen, a full bath, laminate and ceramic flooring, updated plumbing, gas heat, window A/C, and a newer water heater. Tenant pays electricity and 40% of the gas expense. The rear single-family home may be delivered vacant and features an open-concept living/dining area, a modern kitchen with stainless steel appliances, a half bath, 2 bedrooms, skylights, a full bath, hardwood floors, central A/C and heat, a tankless water heater, and a covered outdoor area. Additional features include a fenced yard, gated access, and a storage shed. Conveniently located near Newark Penn Station, major highways, Newark Airport, restaurants, shopping, and Newark's business district.