Property

Newark, NJ 07107 427-429 N 12th Street N

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Presented By: RE/MAX 1st ADVANTAGE
  • MLS# 2607896R
  • 12/11/2025
  • Request Tour
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  • Baths • 6
  • Garage • 1

Home Details

Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, 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 full bath and bonus room. Adjacent living space holds another full bath 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!
Presented By: RE/MAX 1st ADVANTAGE

Interior Features for 427-429 N 12th Street N

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths6

Other Interior Features

BasementFull, Finished, Bath Full, Bedroom, Other Room(s), Exterior Entry, Recreation Room, Utility Room, Kitchen
Heating Y/NYes
Interior AmenitiesUnit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)
Total Stories2

General for 427-429 N 12th Street N

AppliancesWater Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven), Unit 4(Range/Oven)
Attached Garage No
Carport Spaces
Carport Y/NNo
CityNewark
Close Price
Community FeaturesCurbs, Sidewalks
CoolingCeiling Fan(s), None
CountyEssex
Full Baths
Garage Spaces1
Garage Y/NYes
Gas Y/NNatural Gas
HeatingRadiators-Steam
Living Area
Living Area UnitsSquare Feet
Lot Size Square Feet3498
Other StructuresOutbuilding
OwnerPaysUnit 1 Owner Pays(Water), Unit 2 Owner Pays(See Remarks, Water, Gas), Unit 3 Owner Pays(See Remarks, Water), Unit 4 Owner Pays(See Remarks, Water)
OwnershipFee Simple
Patio/Porch FeaturesPatio
Property Subtype4 Family
Property TypeResidential Income
RoofSee Remarks, Flat
SewerPublic Sewer
Standard StatusActive
StatusActive - Atty Revu
Stories Count2
Tax Annual Amount7914
Tax Year2024
Total Rooms13
UtilitiesElectricity Connected, Natural Gas Connected
Year Built1932

Exterior for 427-429 N 12th Street N

Building Area Total
Covered Spaces1
Exterior AmenitiesPatio, Curbs, Sidewalk, Fencing/Wall, Outbuilding(s), Semi-Private Entry
FencingFencing/Wall
Lot Dimensions100.00 x 35.00
Lot FeaturesNear Shopping, Near Train, Level, Near Public Transit
Lot Size Acres0.0803
Lot Size Area0.0803
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesGarage, Detached, 3-4 Car Parking, On Street
Water SourcePublic

Additional Details

Price History

Brian Lee

Associate
Price $799,000
MLS#2607896R
List Date 12/11/2025
Property Type Multi-Family
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