488 S 12th St, Newark, NJ 07103
Local realty services provided by:Better Homes and Gardens Real Estate Elite
488 S 12th St,Newark City, NJ 07103
$499,888
- 7 Beds
- 3 Baths
- 2,284 sq. ft.
- Multi-family
- Active
Listed by: benjamin rodriguez
Office: keller williams village square201-445-4300
MLS#:4033505
Source:NJ_GSMLS
Price summary
- Price:$499,888
- Price per sq. ft.:$218.87
About this home
Turnkey Investment Opportunity or Perfect House Hack! Welcome to this fully renovated two-family home in the heart of Newark, offering the ideal blend of modern living and strong income potential. Each unit features 3 spacious bedrooms, updated finishes, and comfortable layouts designed for today's lifestyle. A fully finished attic provides valuable bonus living space perfect for a home office, recreation room, guest space, or extended living needs.Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this property offers exceptional flexibility and cash-flow potential. Live in one unit and collect rent from the other, or maximize your returns by renting both units.Conveniently located near major transportation, including Newark Penn Station, NJ Transit, shopping, restaurants, schools, parks, and major highways, making commuting and daily errands a breeze. With renovations already completed, this is a true turnkey opportunity ready for its next owner.Don't miss your chance to own this income-producing multifamily property with modern updates, spacious layouts, and a prime location close to everything Newark has to offer. Schedule your private showing today!...
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Home facts
- Year built:1940
- Listing ID #:4033505
- Added:5 day(s) ago
- Updated:June 16, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:13
- Basement Description:Basement, Unfinished
- Living area:2,284 sq. ft.
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:Baseboard - Electric
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1940
- Building area:2,284 sq. ft.
- Lot area:0.05 Acres
- Architectural Style:3-Three Story
- Construction Materials:Aluminum Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,888
- Price per sq. ft.:$218.87
- Tax amount:$10,337 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:On-Street Parking
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