14-16 Hazel Pl, Newark, NJ 07108
Local realty services provided by:Better Homes and Gardens Real Estate Elite
14-16 Hazel Pl,Newark City, NJ 07108
$899,900
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher stead
Office: re/max professionals i973-450-4000
MLS#:4012834
Source:NJ_GSMLS
Price summary
- Price:$899,900
About this home
Fully renovated 2025 four-family income-producing property located at 14-16 Hazel Pl in Newark, NJ. This turnkey asset offers strong upside rental income potential in a high-demand Essex County rental market. The building features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide operational efficiency and added value for investors. Current rents allow for significant future income growth, creating an excellent value-add opportunity with long-term appreciation potential.Property also includes a large, clean, finished basement offering additional usable space for storage or common area use. Conveniently located near public transportation, major highways, shopping, and local amenities. Rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in an established Newark rental corridor.
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Home facts
- Year built:1922
- Listing ID #:4012834
- Added:50 day(s) ago
- Updated:April 25, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:12
- Basement Description:Basement, Finished
Heating and cooling
- Cooling:4+ Units, Wall A/C Unit(s)
- Heating:4+ Units, Forced Hot Air
Structure and exterior
- Roof:Flat
- Year built:1922
- Lot area:0.13 Acres
- Architectural Style:Fourplex
- Construction Materials:Aluminum Siding
Utilities
- Water:Public Water
- Sewer:Public Available
Finances and disclosures
- Price:$899,900
- Tax amount:$10,797 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:Additional Parking, Concrete Driveway, Driveway-Exclusive, Off-Street Parking
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