14-16 Hazel Pl Newark, NJ $ 898,000
14-16 Hazel Pl
$ 898,000
Open House 5/23 3pm - 5pm
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14-16 Hazel Pl

Newark, NJ, 07108
$ 898,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 5,529

14-16 Hazel Pl, Newark, NJ 07108 - Image 1
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Multi-Family Home for sale in Newark, NJ

for $898,000 with 8 bedrooms and 4 full baths. This home was built in 1922 on a lot size of 0.13.

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.

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Open House

5/23/2026 3:00 PM - 5:00 PM
14-16 Hazel Pl Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 898,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,797

Style

Fourplex

Lot Size

0.13

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

4012834

Features
General
Sewer Public Available
Heating 4+ Units Forced Hot Air
Cooling 4+ Units Wall A/C Unit(s)
Utilities Gas-Natural
Possession TBD
Roof Flat
Architectural Style Fourplex See Remarks
Year Built 1922
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 4
Status Active
Directions W Runyon St. to Hazel Pl
Open Parking Spaces 4
Number Of Units Total 4
Tax Annual Amount 10797
Drive Additional Parking Concrete Driveway-Exclusive Off-Street Parking
Standard Status Active
Tax Assessed Value 270000
Town # 1614
Tax Lot 48
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Interior
Basement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 50X110
Lot Size Acres 0.13
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* Excluded Features
List By
CHRISTOPHER STEAD

Listing Agent

Re/Max Professionals I

Broker

Affordability Calculator

$6,429
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,529
Monthly Property Taxes
$900
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$898,000 -0.21% Price Down
3/6/2026$899,900 Listed Price

Map


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14-16 Hazel Pl, Newark, NJ, 07108 is a Multi-Family Home for sale at $898,000 with a lot size of 0.13. 14-16 Hazel Pl has 8 bedrooms, 4.0 baths, and was built in 1922. The property's zip code is 07108 which is in Newark, NJ