743 S 12Th St, Newark City, NJ 07103
Essex County
Key Facts
Description
Great investment opportunity! This well-maintained 3-family property offers excellent potential for strong monthly rental income. Each unit features washer and dryer hookups, central air and heat, and a conveniently located HVAC system in a closet for easy access. The units include a spacious living room and dining room combo with an open-concept kitchen, creating a comfortable and functional layout. High ceilings throughout provide an airy, open feel. The 2nd and 3rd floor units also feature an additional bonus room, ideal for a home office, guest room, or extra storage. Located close to public transportation and major highways, making it convenient for commuters. A great opportunity for investors or owner-occupants looking to generate rental income. Don't miss out schedule your showing today!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1999
Stories
3
Living Area
2,800 sq ft
Lot Size
0.06 acres
Days on Market
80
MLS® Listing#
4014533
Property Features
Heating
Basement
Parking
Construction
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$15,692
Tax year 2025
Assessed Value
$392,400
Parcel Number
1614-02632-0000-00018-0000-
Directions
Maps
Affordability Calculator
$151,000
Estimated monthly payment
$4,018/mo
Principal $604,000 · Est. interest $842,634 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $613,416
- Median Listing Price
- 48
- Median Days on Market
- 1,388
- Median Sq Ft
- $419
- Median Price / Sq Ft
- 3,249
- Active Listings
- This home’s price is 23% above the area median.
- Its price per sq ft is 36% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Great Oaks Legacy Charter School
School · 0.3 mi away
Madison Elementary School
Elementary · 0.3 mi away
North Star Academy West Side Park Elementary School
Elementary · 0.4 mi away
North Star Academy Clinton Hill Middle School
Elementary · 0.4 mi away
Avon Avenue School
Elementary · 0.4 mi away
South 17th Street School
Elementary · 0.5 mi away
University High School
Secondary School · 0.5 mi away
Harriet Tubman Elementary School
Elementary · 0.6 mi away
Harriet Tubman Pto Aftercare
Elementary · 0.6 mi away
Thurgood Marshall School
Elementary · 0.6 mi away
Harold Wilson School
School · 0.6 mi away
Berkeley Terrace Elementary School
Elementary · 0.7 mi away
The Leaguers
School · 0.7 mi away
Hawthorne Avenue School
Elementary · 0.7 mi away
Cleveland Elementary School
Elementary · 0.7 mi away
Grove Street Elementary School
Elementary · 0.7 mi away
Achieve Community Charter School
School · 0.8 mi away
Belmont Runyon Elementary School
Elementary · 0.8 mi away
Central High School
Secondary · 0.8 mi away
Kipp Thrive Academy
School · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 407 Jefferson Ave, Elizabeth City, NJ | $690,000 | 11 | 5 | 19,998 |
| 154 Belmont Ave, Paterson City, NJ | $699,999 | 12 | 3 | 29,997 |
| 56 Vanderpool St, Newark City, NJ | $749,900 | 11 | 4 | — |
| 151 Vermont Ave, Newark City, NJ | $750,000 | 10 | 3 | — |
| 174 Littleton Ave, Newark City, NJ | $752,000 | 10 | 3 | 3,000 |
| 656 E 24Th St, Paterson City, NJ | $780,000 | 11 | 4 | 3 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: REALTY ONE GROUP LEGEND - 9737720660