Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
Rare opportunity to acquire an exclusive portfolio of 5 side by side brick brownstones located on S 12th St in the heart of Newark, NJ. This premier investment package includes 31, 31.5, 33, 33.5, and 37 S 12th St, totaling 11 units across 5 properties offering 27 bedrooms and 15 bathrooms, all updated in 2025. All units are currently tenant occupied and generating consistent rental income from day one, making this a true income-producing portfolio acquisition with low combined 2025 taxes. Situated on an R4 zone, this portfolio presents an exceptional future development opportunity for the visionary investor looking to maximize long-term value while collecting immediate cash flow. Whether you are a seasoned investor looking to expand your portfolio or a developer seeking a strategic land position in one of Newark's most active markets, this package checks every box. Perfectly situated with easy access to major highways and NJ Transit for a seamless commute to NYC. Each property can also be purchased individually. Opportunities like this do not last. Schedule your showing today.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.03
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,750,000
-
Tax Amount
$3,899
-
Zoning
R-4
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Fee Simple
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , RE/MAX PROFESSIONALS I
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FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
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