$425,000

488 S 12Th St, Newark City, NJ 07103

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Investor Opportunity ? Value-Add Two-Family in Newark!Attention investors, contractors, and experienced value-add buyers! This two-family property presents an outstanding opportunity to add to your portfolio in one of Newark?s established residential neighborhoods. Featuring two spacious units with 3 bedrooms each, plus a finished attic offering additional living space and flexibility, this property has the layout and potential investors are looking for.Whether your strategy is to renovate and hold for long-term rental income, reposition for increased cash flow, or add value for future appreciation, this property offers an excellent foundation with significant upside. The generous floor plans and multi-family configuration create strong income-producing potential once improvements are completed.Conveniently located near Newark Penn Station, NJ Transit, major highways, shopping, restaurants, schools, and parks, the property offers excellent accessibility for future tenants and long-term investment appeal.Property is being sold strictly As-Is. This is an ideal opportunity for cash buyers, investors, contractors, or those seeking their next renovation project. Buyer is responsible for conducting all due diligence. Don?t miss the chance to unlock the full potential of this income-producing property.

Listing Status:
Pending
Data Last Updated:
August 9, 2026 at 6:40AM
Listing Office:
KELLER WILLIAMS VILLAGE SQUARE : 201-445-4300
MLS ID:
4040252
  • Basement: Unfinished
  • A/C: Window A/C(s)
  • Heating: Baseboard - ElectricSee RemarksGas-Natural
  • General: Aluminum Siding
  • Parking: Parking spaces: 0
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: On-Street Parking
  • Zoning: 1614-00287-0000-00041-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of KELLER WILLIAMS VILLAGE SQUARE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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