$899,900

14-16 Hazel Place, Newark, NJ 07108

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Fully renovated 2025 four-family income-producing property located at 14-16 Hazel Pl in Newark, NJ. This turnkey asset offers strong upside rental income potential in a high-demand Essex County rental market. The building features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide operational efficiency and added value for investors. Current rents allow for significant future income growth, creating an excellent value-add opportunity with long-term appreciation potential. Property also includes a large, clean, finished basement offering additional usable space for storage or common area use. Conveniently located near public transportation, major highways, shopping, and local amenities. Rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in an established Newark rental corridor.

Listing Status:
Active
Date Added:
March 5, 2026
Data Last Updated:
March 10, 2026 at 7:57AM
Listing Office:
RE/MAX Professionals 1 : 973-450-4000
Listing Agent:
Jorge Velasquez : 973-450-4000
MLS ID:
26007239
  • Rooms: 12
  • Laundry: None
  • County: ESSEX
  • Utilities: Sep ElecSep GasSep Heat

This listing courtesy of Jorge Velasquez , RE/MAX Professionals 1

Monthly Payment

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

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Location

Schools Nearby

B

Belmont Runyon Elementary School

1 Belmont Ruyon Way, Newark, NJ, 07108

Grades PK-8

0.34 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.33 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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