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266 N 12th St

Newark City, NJ 07107
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 113 Days
  • MLS #: 3935459
$850,000
  • 8
    BEDS
  • 0.1
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1932
County:
Area:

School Ratings & Info

Description

OUTSTANDING FOUR FAMILY INVESTMENT OPPORTUNITY! Located on a desirable street, this charming well-maintained four-family property is the perfect income generating multI for an investor. Each of the two first-floor units feature 1 bedroom, a kitchen, bath and living room. The two second-floor units each boast 2 bedrooms, a nice-sized kitchen, bath, and living room. FULLY FINISHED BASEMENT WITH FULL BATH ON EACH SIDE-plus three rooms on each side. Backyard porch area is perfect for relaxation or storage. Private driveway leading to an oversized one-car garage can also be used for storage. Hard wood floors. Quiet street. Close to shops, restaurants and transportation. All units fully rented. Don't miss out on this excellent investment opportunity!!! Fully rented. Leases are month to month. As is.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-14T23:46:30.773.
www.pickpina.com/homes/158100765
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266 N 12th St Newark City, NJ 07107

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 113 Days
  • MLS #: 3935459
8
Beds
6
Baths
0
½ Baths
0.1
Acres
1932
Built
County:
Essex
Area:
Newark City
Property Description
OUTSTANDING FOUR FAMILY INVESTMENT OPPORTUNITY! Located on a desirable street, this charming well-maintained four-family property is the perfect income generating multI for an investor. Each of the two first-floor units feature 1 bedroom, a kitchen, bath and living room. The two second-floor units each boast 2 bedrooms, a nice-sized kitchen, bath, and living room. FULLY FINISHED BASEMENT WITH FULL BATH ON EACH SIDE-plus three rooms on each side. Backyard porch area is perfect for relaxation or storage. Private driveway leading to an oversized one-car garage can also be used for storage. Hard wood floors. Quiet street. Close to shops, restaurants and transportation. All units fully rented. Don't miss out on this excellent investment opportunity!!! Fully rented. Leases are month to month. As is.
Exterior Features

Approximate Lot Size 45X100 Color Of Building Brick Exterior Description Brick Exterior Features CurbsMetal FencePatioSidewalk Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 2 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling None Heating 1 UnitRadiators - Steam Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors Total Number Of Rooms 18 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 3 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSee RemarksSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 3 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSee RemarksSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsKitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 0

Property Features

Assessment Total 279000 Building Assessment 229000 Easement Unknown Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 50000 Net Operating Income 0 Services Cable TV Available Sewer Public Sewer Tax Amount 0 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit2 Rent 1500 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit3 Rent 1800 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit4 Rent 1500 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams - Nj Metro Group: 973-997-0535.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-14T23:46:30.773.
 
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