USANJNewark488 S 12Th St
Listing image | Image 1

488 S 12Th St, Newark

House

For Sale

$425,000

730

MLS® 4040252

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $10,337
Days Active 0
Lot Size 0.05 Acres
Approx. Age 1940
MLS® Number 4040252

Property Address: 488 S 12th St, Newark, NJ, 07103-4586

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity ? Value-Add Two-Family in Newark!Attention investors, contractors, and experienced value-add buyers! This two-family property presents an outstanding opportunity to add to your portfolio in one of Newark?s established residential neighborhoods. Featuring two spacious units with 3 bedrooms each, plus a finished attic offering additional living space and flexibility, this property has the layout and potential investors are looking for.Whether your strategy is to renovate and hold for long-term rental income, reposition for increased cash flow, or add value for future appreciation, this property offers an excellent foundation with significant upside. The generous floor plans and multi-family configuration create strong income-producing potential once improvements are completed.Conveniently located near Newark Penn Station, NJ Transit, major highways, shopping, restaurants, schools, and parks, the property offers excellent accessibility for future tenants and long-term investment appeal.Property is being sold strictly As-Is. This is an ideal opportunity for cash buyers, investors, contractors, or those seeking their next renovation project. Buyer is responsible for conducting all due diligence. Don?t miss the chance to unlock the full potential of this income-producing property.
MLS® Number4040252
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
BasementUnfinished
DrivewayOn-Street Parking
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: Baseboard - Electric, See Remarks
A/CWindow A/C(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
488 S 12Th St, Newark,

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