427-429 N 12th Street N Newark, NJ $ 799,000
427-429 N 12th Street N
$ 799,000
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427-429 N 12th Street N

Newark, NJ, 07107
$ 799,000
Baths6.0

Monthly Estimate*

$ 4,920

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Studio

Multi-Family Home for sale in Newark, NJ

for $799,000 with 6 full baths. This home was built in 1932 on a lot size of 0.0803.

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!

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Multi-Family Active

Price

$ 799,000

Bedrooms

Studio

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,914

Style

Lot Size

0.0803

Year Built

1932

Town/City

Newark

County/Region

Essex

MLS | Web ID

2607896R

Features
General
Living Area 0
Sewer Public Sewer
Heating Radiators-Steam
Cooling Ceiling Fan(s) None
Utilities Electricity Connected Natural Gas Connected
Roof See Remarks Flat
Year Built 1932
Stories Count 2
Property Subtype 4 Family
Tax Year 2024
County Essex
Property Type Residential Income
Full Baths 0
Close Price 0
Status Active - Atty Revu
City Newark
Lot Size Square Feet 3498
Tax Annual Amount 7914
Living Area Units Square Feet
Standard Status Active
Appliances Water Heater(Gas) Water Heater Unit 1(Range/Oven) Unit 2(Range/Oven) Unit 3(Range/Oven) Unit 4(Range/Oven)
Gas Y/N Natural Gas
Garage Spaces 1
Ownership Fee Simple
Attached Garage false
Garage Y/N true
Total Rooms 13
Carport Spaces 0
Carport Y/N false
Community Features Curbs Sidewalks
Other Structures Outbuilding
Patio/Porch Features Patio
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Interior
Interior Amenities Unit 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 Stories 2
Heating Y/N true
Half Baths 0
Total Baths 6
Basement Full Finished Bath Full Bedroom Other Room(s) Exterior Entry Recreation Room Utility Room Kitchen
Total Bedrooms 0
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Exterior
Parking Features Garage Detached 3-4 Car Parking On Street
Lot Features Near Shopping Near Train Level Near Public Transit
Water Source Public
Lot Size Area 0.0803
Building Area Total 0
Lot Dimensions 100.00 x 35.00
Lot Size Acres 0.0803
Covered Spaces 1
Exterior Amenities Patio Curbs Sidewalk Fencing/Wall Outbuilding(s) Semi-Private Entry
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 5
Fencing Fencing/Wall
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* Excluded Features
List By
ROBERT DEKANSKI

Listing Agent

Re/Max 1St Advantage

Broker

robertdekanski@gmail.com

Email

Affordability Calculator

$5,579
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$799,000 Listed Price

Map


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427-429 N 12th Street N, Newark, NJ, 07107 is a Multi-Family Home for sale at $799,000 with a lot size of 0.0803. 427-429 N 12th Street N is a studio with 6.0 baths and was built in 1932. The property's zip code is 07107 which is in Newark, NJ