Matthews™ is pleased to present Iron 65, located at 59–65 McWhorter Street, a premier Class A new-construction opportunity located in the heart of Newark’s coveted Ironbound neighborhood. Completed in early 2025, the property delivers 136 total units, including 135 luxury residential apartments and 1 commercial space, all within a ±90,704 SF best-in-class building. Investors will benefit from a highly attractive 30-year tax PILOT, starting at just 10%, and potential debt available below 5%, significantly enhancing long-term yield and cash-on-cash returns. The apartments are 80% market and 20% affordable.
License #: 01469842 (NJ)
(201) 218-9156david.ferber@matthews.com