141-143 Congress Street, Newark, NJ, 07105 — Photo 1

$1,500,000

141-143 Congress Street, Newark, NJ, 07105

MLS# 26032142

Active63d on market

Land — Res/Com

Property Type

Description

Excellent opportunity to own a 3,847.5 sq. ft. vacant lot in the highly desirable Ironbound Section of Newark. Ideally located in one of the city's most vibrant and sought-after neighborhoods, this property offers outstanding potential for builders, developers, and investors. Conveniently situated near Newark Penn Station, major highways, Newark Liberty International Airport, shopping, restaurants, and local amenities. A rare chance to acquire land in a prime location with exceptional development potential. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and all municipal approvals. Includes use of the parking lot adjacent to the property, which holds 30 cars. Terms and conditions to be worked out

Tax & Financial Information

Annual Property Taxes$5,290 (NJ Public Records)
Tax Assessment$139,100
Land Assessment$81,500
Original List Price$950,000
ListedAugust 25, 2026

Listing Information

Listing Office: Rosa Agency-Ironbound, LLC — 973-589-7550

Listing Agent: Michael Rosa — mrosarealtor@yahoo.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 9/25/2026.

Total Monthly Cost

$10,099/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$7,783
Property Taxes$441
Homeowner Insurance$625
Est. Maintenance$1,250
Total$10,099

Down: $300,000 | Loan: $1,200,000

Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.

Commute From This Home

Newark

🚂
Transit to NYC Penn

Northeast Corridor / PATH

22 min
🚗
Drive to NYC (Midtown)
35 min
🚂
Transit to Hoboken
15 min
🚗
Drive to Hoboken/JC
18 min
🚉

Newark Penn Station

Monthly Pass(Zone 2)$130/mo

Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.

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Property listings provided by GardenState.ai through authorized access to NJMLS.

Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462

Real Estate Agent: Julio Reynoso

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