550 Ferry St

Newark, NJ 07105

$1,200,000
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with barbeque and garage
a view of a house with a street
a view of a white building with a small yard and large windows
a view of entrance
a view of a kitchen with fridge and rack
a kitchen with stainless steel appliances a refrigerator sink and cabinets
a kitchen with stainless steel appliances a sink and cabinets
a kitchen with a sink and a refrigerator
a work room with furniture and wooden floor
a view of workspace
a bathroom with a sink toilet and shower
a view of a room with wooden floor
wooden floor in an empty room with a window
a bathroom with a sink toilet and shower
a bedroom with a bed and a window
a living room with furniture and a flat screen tv
a view of a dining room with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a kitchen with stainless steel appliances granite countertop a refrigerator stove and sink
a bedroom with furniture and a window
a view of a cars park in front of house
a view of a car park in front of house
a view of a car park in front of house

Description

Rare Mixed-Use Investment Opportunity: Residential + Commercial Income. Unlock exceptional cash flow and long-term upside with this unique two-property package located in a high-demand area. Features a well-maintained multifamily property, paired with a separately addressed, commercially zoned rear lot with 2 garages, measuring 29x37ft each, offering flexibility that is truly hard to find. Three-unit multifamily home with two bedrooms and one bathroom in each unit, all with separate utilities, plus...Rare Mixed-Use Investment Opportunity: Residential + Commercial Income. Unlock exceptional cash flow and long-term upside with this unique two-property package located in a high-demand area. Features a well-maintained multifamily property, paired with a separately addressed, commercially zoned rear lot with 2 garages, measuring 29x37ft each, offering flexibility that is truly hard to find. Three-unit multifamily home with two bedrooms and one bathroom in each unit, all with separate utilities, plus parking for four cars and low taxes for the area. To be sold as a package.
  1. Listed by EVANEA MIRANDA • ROSA AGENCY

Property Details for 550 Ferry Street

Directions
Ironbound to Ferry Street
Days On Market
10
LISTING UPDATED: 12/04/2025 11:11 AM

Property Details for 550 Ferry Street

StatusActive
MLS #3999174
Days on Market55
Taxes$7,666 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1975
Lot Size0.05 AC / 2,178 SF
CountyEssex County

Location

Listing Courtesy of ROSA AGENCY, EVANEA MIRANDA
Add your commute

Building Information for 550 Ferry Street

Stories-Residences3Year Built1975Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$6,487 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,849

Property Taxes

$639

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Ferry Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 10
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 2466
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 550.0
  • # Parking Spaces: 6
  • County Or Parish: Essex
  • Street Name: Ferry St
  • Zip Code: 07105-4448
  • 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: $7,666
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 201600.0
  • Tax ID For Property: 1614-02466-0000-00032-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop
Property
Lot Information
  • Lot Identifier: 32
  • Approximate Lot Size: 25.5X91.4
  • Total Acres: 0.05
  • Construction Date/Year Built: 1975
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 150700.0
  • Assessment Land: 50900.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Gas-Natural, See Remarks
  • Water: Public Water
  • Heating: 3 Units, Baseboard - Hotwater, See Remarks
  • Fuel Type: Gas-Natural, See Remarks
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding, Brick/Block
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement Desc: Shared Park
  • Easement: Yes
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • 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: 9999.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
  • Unit 3 Baths: 1.0
  • 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 Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 9999.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $7,000.00
  • Net Operating Income: $20,000.00
  • Gross Operating Income: $27,000.00

Property History for 550 Ferry Street

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Listed (Active)

GSMLS #3999174

$1,200,000—
DateEvent & SourcePrice
11/24/2025

Listed (Active)

GSMLS #3999174

$1,200,000

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

Public Records for 550 Ferry Street

Taxable ValueLand$50,900Additions$150,700Total$201,600
Tax Record2024$7,667 ($639 / month)
Home Facts
Beds0Total Finished SqFt4,284 SqFtAbove Grade Finished SqFt4,284 SqFtStories2Lot Size2,330 SqFtStyleSingle Family ResidenceYear Built1900CountyESSEXAPN14 02466-0000-00032

Schools near 550 Ferry Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Sir Isaac Newton Elementary School
Public - PK to 3
Michelle Obama Elementary School
Public - PK to 3
East Ward Elementary School
Public - PK to 5
Hawkins Street Elementary School
Public - K to 8
Rating
School
Distance
Sir Isaac Newton Elementary School
PublicPK to 3

Michelle Obama Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Hawkins Street Elementary School
PublicK to 8

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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More information about 550 Ferry Street, Newark, NJ 07105

550 Ferry Street is a multi-family home for sale in Newark, NJ 07105. This property was listed for sale on November 24, 2025 by ROSA AGENCY, it's currently listed at $1,200,000. This listing's school district is The Newark Public School District. Nearby schools include Sir Isaac Newton Elementary School, Michelle Obama Elementary School and East Ward Elementary School. 550 Ferry Street is a 6-bed, 3-bath, multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROSA AGENCY, EVANEA MIRANDA

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/18/2026 08:02 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/18/2026 08:02 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.