NJ > Newark
Newark, NJ 07107,427-429 N 12th ST N
Newark, NJ 07107,427-429 N 12th ST N
Newark, NJ 07107,427-429 N 12th ST N
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$799,000
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3,497 Sqft Lot
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427-429 N 12th ST N Newark, NJ 07107

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Hugo Palacios

Hugo Palacios

+1(973) 670-7046

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2607896R

Year Built 1932

Annual Tax Amount $7,914

Tax Year 2024

Lot Size 3,497 Sqft

Acres 0.0803

Lot Dimensions 100.00 x 35.00

Property Sub-Type 4 Family

Source CJMLS API

Property Description

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!

Location

State NJ

County Essex

Community Curbs, Sidewalks

Rooms

Other Rooms Outbuilding

Basement Full, Finished, Bath Full, Bedroom, Other Room(s), Exterior Entry, Recreation Room, Utility Room, Kitchen

Interior

Interior Features 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)

Heating Radiators-Steam

Cooling Ceiling Fan(s), None

Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven), Unit 4(Range/Oven)

Heat Source Natural Gas

Exterior

Exterior Feature Patio, Curbs, Sidewalk, Fencing/Wall, Outbuilding(s), Semi-Private Entry

Garage Spaces 1.0

Fence Fencing/Wall

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type See Remarks,Flat

Porch Patio

Building

Lot Description Near Shopping, Near Train, Level, Near Public Transit

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1400589000000054

Ownership Fee Simple

Energy Description Natural Gas

Central Jersey MLS (CJMLS)
Listed by RE/MAX 1st ADVANTAGE

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Hugo Palacios

Hugo Palacios

Team Leader | License ID: 2078904

+1(973) 670-7046

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427-429 N 12th ST N