Property

Newark, NJ 07108 14-16 Hazel Place

Pending
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Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000
  • MLS# 26007239
  • 03/05/2026
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  • Beds • 8
  • Baths • 4

Home Details

Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors. Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use. Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.
Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000

Interior Features for 14-16 Hazel Place

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

Heating Y/NNo
Laundry FeaturesNone

General for 14-16 Hazel Place

Architectural Style4 Family
CityNewark
CountyESSEX
DisclosuresSeller's Agent, Seller Disclosure - Yes
Full Baths4
HOANo
Lease Considered Y/NNo
MLS Area Minor400
Property Sub Type AdditionalOther
Property Type2-4 Family
RoomsNone
Standard StatusPending
StatusUnder Contract - Under Contract
Tax Annual Amount10797.0
Total Rooms12
UtilitiesElectricity Connected, Natural Gas Connected, Sep Heat
Year Built Details1900-1939, Build Prior to 1978

Additional Details

Price History

Tina Torres

Broker/Owner
Price $898,000
MLS#26007239
List Date 03/05/2026
Property Type Pending
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