427 N 12Th St, Newark City NJ 07107

Newark City
Property Media
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Property Price
$799,000
Bedrooms
5
Year Built
1932
Tax Annual Amount
$7914
TaxYear (*text)
2024
Roof (*text)
Rubberized
Lot Size Area
0.08
MLS Status
Active
MLS #
4001286

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!

Yearly Tax Rate
3.803
Year Built (*numeric)
1932
Basement
Yes
Roofing (*text)
Rubberized
Days On Market
19
Basement (*text)
Yes
Cooling (*text)
None
GarageSpaces
1
Heating
1 Unit, Radiators - Steam
Lot Size Dimensions
35X100
Property Location

40.77123, -74.18691

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762