$499,888

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 7 days ago

Property Description

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!

Listing Status:
Active
Date Added:
June 12, 2026
Data Last Updated:
June 17, 2026 at 6:41AM
Listing Office:
KELLER WILLIAMS VILLAGE SQUARE : 201-445-4300
MLS ID:
4033505
  • 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: ElectricGas-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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