38 Delancy St

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Description

Income-producing, well-maintained property located in Newark's highly desirable Ironbound section. Fully rented and sold in "As Is condition, this unique investment opportunity features a front multi-family residence plus a separate rear single-family home, offering excellent flexibility for owner occupancy or additional rental income potential. The first-floor unit features 1 bedroom, a living room, an eat-in kitchen, and a full bath, plus an additional 4 rooms and a second full shower bath on the...Income-producing, well-maintained property located in Newark's highly desirable Ironbound section. Fully rented and sold in "As Is condition, this unique investment opportunity features a front multi-family residence plus a separate rear single-family home, offering excellent flexibility for owner occupancy or additional rental income potential. The first-floor unit features 1 bedroom, a living room, an eat-in kitchen, and a full bath, plus an additional 4 rooms and a second full shower bath on the lower level. Additional highlights include central air conditioning, forced-hot-air heating, updated water heaters, and a laundry hookup. The second-floor unit offers 2 bedrooms, an eat-in kitchen, a full bath, laminate and ceramic flooring, updated plumbing, gas heat, window A/C units, and a newer water heater. Tenant pays for electricity and 40% of gas expenses. The rear single-family home features an open-concept living and dining area, modern kitchen with stainless steel appliances, half bath, 2 bedrooms, skylights, full bath, hardwood flooring, central A/C and heat, tankless water heater, and a covered outdoor area. Additional property features include a fenced yard, gated access, and a storage shed. Conveniently located near Newark Penn Station, major highways, Newark Liberty International Airport, restaurants, shopping, and Newark's business district.
  1. Listed by CARLOS A SOARES • C-21 SEMIAO & ASSOCIATES

Property Details for 38 Delancy Street

Style
3 Family
Directions
South St, to Pacific, to Delancy St.
Days On Market
106
LISTING UPDATED: 07/09/2026 11:23 PM

Property Details for 38 Delancy Street

StatusActive
MLS #4016791
Days on Market109
Taxes$16,427 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Listing Courtesy of C-21 SEMIAO & ASSOCIATES, CARLOS A SOARES
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Building Information for 38 Delancy Street

Stories-Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$6,150 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,782

Property Taxes

$1,369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 38 Delancy Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 106
  • Renovated Year: 2023
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 949
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 38.0
  • # Parking Spaces: 0
  • County Or Parish: ESSEX
  • Street Name: Delancy St
  • Zip Code: 07105-1509
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $16,427
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 410800.0
  • Tax ID For Property: 1614-00949-0000-00048-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None
  • Garage Description: None, On-Street Parking
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 48
  • Approximate Lot Size: 25X109.3
  • Total Acres: 0.06
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 342900.0
  • Assessment Land: 67900.0
Utilities
  • Cooling: 2 Units, Window A/C(s)
  • Services: Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick/Block, Composition Shingle, Vinyl Siding
  • Exterior Features: Barbeque, Privacy Fence, See Remarks, Storage Shed, Storm Door(s), Wood Fence
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Skylight, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Composition Shingle, Rubberized
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • # Baths: 4.1
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 5
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 02-28-2027
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2719.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry, Master Bedroom
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 2640.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 02-28-2027
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1838.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Pantry, Storage
  • Unit 2 Rooms: 3.0
  • Unit 2 Security Deposit: 1700.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Instant Hot Water, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.5
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Sunroom, Utility Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $16,427.00
  • Expenses Include: Taxes
  • Net Operating Income: $66,836.00
  • Gross Operating Income: $83,263.00

Property History for 38 Delancy Street

DateEvent & SourcePriceAppreciation
Jul 10, 2026

Price Change

NJMLS #26010062

$959,550
Jul 9, 2026

Price Change

GSMLS #4016791

$959,550
Jun 19, 2026

Price Change

NJMLS #26010062

$965,000
DateEvent & SourcePrice
07/10/2026

Price Change

NJMLS #26010062

$959,550
07/09/2026

Price Change

GSMLS #4016791

$959,550
06/19/2026

Price Change

NJMLS #26010062

$965,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Delancy Street

Taxable ValueLand$67,900Additions$342,900Total$410,800
Tax Record2024$15,623 ($1,302 / month)
Home Facts
Beds0Total Finished SqFt3,693 SqFtAbove Grade Finished SqFt3,693 SqFtStories2Lot Size2,731 SqFtStyleSingle Family ResidenceYear Built1900CountyESSEXAPN14 00949-0000-00048

Schools near 38 Delancy Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 5
Public - PK to 5
Public - PK to 7
Rating
School
Distance
Nelson Mandela Elementary School
PublicPK to 4

Sir Isaac Newton Elementary School
PublicPK to 5

Michelle Obama Elementary School
PublicPK to 5

East Ward Elementary School
PublicPK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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38 Delancy Street is a multi-family home for sale in Newark, NJ 07105. This property was listed for sale on March 25, 2026 by C-21 SEMIAO & ASSOCIATES, it's currently listed at $959,550. It has been on the market for a total of 109 days and was last sold on May 31, 2018. This listing's school district is The Newark Public School District. Nearby schools include Nelson Mandela Elementary School, Sir Isaac Newton Elementary School and Michelle Obama Elementary School. 38 Delancy Street is a 9-bed, 5-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C-21 SEMIAO & ASSOCIATES, CARLOS A SOARES

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