Property
Newark City, NJ 07108 781 S 12Th St
$599,000
Pending
28 more
Presented By: BLVD REALTY GROUP; 201-435-5000
Beds • 8
Baths • 3
Home Details
Renovated 3-Family Home with Driveway in Newark, NJDiscover this beautifully renovated 3-family home located in the heart of Newark, NJ. Situated in an upcoming town that commands some of the highest rents in the nation, this property offers an exceptional opportunity for investors or owner-occupiers looking to capitalize on Newark's booming rental market.Each unit in this meticulously updated property features modern amenities and stylish finishes, ensuring tenant satisfaction and maximizing rental income potential. The convenience of a private driveway adds to the property's appeal, providing valuable off-street parking in a bustling urban environment.Located strategically for both convenience and investment potential, this property is ideal for those seeking a turnkey investment in a rapidly appreciating market. Don't miss out on your chance to own a piece of Newark's promising real estate landscape.
Presented By: BLVD REALTY GROUP; 201-435-5000
Interior Features for 781 S 12Th St
Bedrooms
Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total2
Bathrooms
Full Baths3
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1200
Unit 2 Sq Ft1200
Unit 3 Sq Ft650
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent2400
UnitType2TotalRent2400
UnitType3TotalRent1800
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
Unit 2 Appl/EquipCarbMDet, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
Unit 3 Appl/EquipCarbMDet, CookGas, Microwav, RgOvElec, Refrig, SmokeDet
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms10
Unit 1 Rooms9
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Storage
Unit 2 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen, Kitchen, Living Room
General for 781 S 12Th St
Architectural Style3-Three Story, Triplex
Cooling3 Units, Wall A/C Unit(s)
CountyEssex
Days on Market13
DirectionsBetween Madison and Avon Street
Drive1 Car Width, Blacktop
EasementNo
Exterior FeaturesDeck, Sidewalk
Gross Income79200
Heating3 Units, Radiators - Steam
Interior FeaturesCarbon Monoxide Detector, Chandelier, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Net Operating Income64751
NumberOfUnitsTotal3
Open Parking Spaces3
Operating Expense14449
Possession7/1/2024
RoofAsphalt Shingle
SewerPublic Available
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount10449
Tax Assessed Value280300
Tax Lot39
Tax Year2023
Total Rooms20
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1907
Exterior for 781 S 12Th St
Exterior DescriptionAluminum Siding
Lot Dimensions37.6X100
Lot Size Acres0.09
Water SourcePublic Water
Additional Details
Price History
Catarina Gomes
Associate