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3-Three Story

488 S 12Th St

Newark City, NJ 07103

MLS#: 4033505

$499,888

Status: Active
Listing number: 4033505
Listing provided by: KELLER WILLIAMS VILLAGE SQUARE
Listing agent phone: None
Last update: a day ago
New on site 4 days ago
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Property

Beds

7

Full Baths

3

1/2 Baths

None

Year Built

1940

Sq.Footage

2,050

Turnkey Investment Opportunity or Perfect House Hack! Welcome to this fully renovated two-family home in the heart of Newark, offering the ideal blend of modern living and strong income potential. Each unit features 3 spacious bedrooms, updated finishes, and comfortable layouts designed for today's lifestyle. A fully finished attic provides valuable bonus living space perfect for a home office, recreation room, guest space, or extended living needs.Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this property offers exceptional flexibility and cash-flow potential. Live in one unit and collect rent from the other, or maximize your returns by renting both units.Conveniently located near major transportation, including Newark Penn Station, NJ Transit, shopping, restaurants, schools, parks, and major highways, making commuting and daily errands a breeze. With renovations already completed, this is a true turnkey opportunity ready for its next owner.Don't miss your chance to own this income-producing multifamily property with modern updates, spacious layouts, and a prime location close to everything Newark has to offer. Schedule your private showing today!

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    3

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Baseboard, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3-Three Story

Price

  • Sales Price

    $499,888

  • Tax Amount

    $10,337

  • Sq. Footage

    2, 050

  • Price/SqFt

    $243

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

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Essex

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Listing Courtesy of None , KELLER WILLIAMS VILLAGE SQUARE

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Patrick Bolger

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(973) 945-9979

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Turnkey Investment Opportunity or Perfect House Hack! Welcome to this fully renovated two-family home in the heart of Newark, offering the ideal blend of modern living and strong income potential. Each unit features 3 spacious bedrooms, updated finishes, and comfortable layouts designed for today's lifestyle. A fully finished attic provides valuable bonus living space perfect for a home office, recreation room, guest space, or extended living needs.Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this property offers exceptional flexibility and cash-flow potential. Live in one unit and collect rent from the other, or maximize your returns by renting both units.Conveniently located near major transportation, including Newark Penn Station, NJ Transit, shopping, restaurants, schools, parks, and major highways, making commuting and daily errands a breeze. With renovations already completed, this is a true turnkey opportunity ready for its next owner.Don't miss your chance to own this income-producing multifamily property with modern updates, spacious layouts, and a prime location close to everything Newark has to offer. Schedule your private showing today!

488 S 12Th St

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