NJ > Newark City
Newark City, NJ 07107,427-429 N 12Th St
Newark City, NJ 07107,427-429 N 12Th St
Newark City, NJ 07107,427-429 N 12Th St
Newark City, NJ 07107,427-429 N 12Th St
Newark City, NJ 07107,427-429 N 12Th St
Newark City, NJ 07107,427-429 N 12Th St
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Lisa Turek

Lisa Turek

+1(917) 825-6470
$ 799,000
Est. payment | /mo

5 Beds

6 Baths

5,478 SqFt

Save
$ 799,000
Est. payment | /mo
Save

5 Beds

6 Baths

5,478 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,478 sqft

Price per Sqft $145

MLS Listing ID 4001286

Style 2-Two Story

Bedrooms 5

Full Baths 6

Year Built 1932

Annual Tax Amount $7,914

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, offering over 5000+ sq ft of finished living, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a studio apartment type layout with living area, kitchen, full bath and bonus room. Adjacent living space holds another full bath, kitchen, two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY!

Location

State NJ

County Essex

Rooms

Basement Bilco-Style Door, Finished, Full

Interior

Interior Features Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Electric, Gas-Natural

Roof Type Rubberized

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by RE/MAX 1ST ADVANTAGE
Lisa Turek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 825-6470

lturek@njlre.com

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427-429 N 12Th St