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$ 799,000
Est. payment /mo
New
427-429 N 12Th St Newark City, NJ 07107
5 Beds
6 Baths
5,478 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,478 sqft
Price per Sqft $145
MLS Listing ID 4001286
Style 2-Two Story
Bedrooms 5
Full Baths 6
Year Built 1932
Annual Tax Amount $7,914
Tax Year 2024
Lot Size 3,484 Sqft
Property Description
Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, offering over 5000+ sq ft of finished living, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a studio apartment type layout with living area, kitchen, full bath and bonus room. Adjacent living space holds another full bath, kitchen, two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY!
Location
State NJ
County Essex
Rooms
Basement Bilco-Style Door, Finished, Full
Interior
Interior Features Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features Detached Garage
Garage Spaces 1.0
Utilities Available Electric, Gas-Natural
Roof Type Rubberized
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by RE/MAX 1ST ADVANTAGE