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

Newark, NJ, 07107
$ 799,000
Bedrooms5 Baths6.0

Monthly Estimate*

$ 4,985

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Multi-Family Home for sale in Newark, NJ

for $799,000 with 5 bedrooms and 6 full baths.

Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, offering over 5000+ sq ft of finished living, 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 studio apartment type layout with living area, kitchen, full bath and bonus room. Adjacent living space holds another full bath, kitchen, 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

5

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,914

Style

4 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

25041604

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 1.0
Architectural Style 4 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 13
Full Baths 6
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 7914.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 5
Total Baths 6
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* Excluded Features

Affordability Calculator

$5,644
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/11/2025$799,000 Listed Price

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427-429 N 12th Street, Newark, NJ, 07107 is a Multi-Family Home for sale at $799,000. 427-429 N 12th Street has 5 bedrooms and 6.0 baths. The property's zip code is 07107 which is in Newark, NJ