Listing Details

743 S 12Th St,Newark City, NJ 07103-1740

  • March 15, 2026

Description

Great investment opportunity! This well-maintained 3-family property offers excellent potential for strong monthly rental income. Each unit features washer and dryer hookups, central air and heat, and a conveniently located HVAC system in a closet for easy access. The units include a spacious living room and dining room combo with an open-concept kitchen, creating a comfortable and functional layout. High ceilings throughout provide an airy, open feel. The 2nd and 3rd floor units also feature an additional bonus room, ideal for a home office, guest room, or extra storage. Located close to public transportation and major highways, making it convenient for commuters. A great opportunity for investors or owner-occupants looking to generate rental income. Don’t miss out schedule your showing today!

Details

Last Updated On: March 15th, 2026 at 7:33 am
Property ID:PT-31765737-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 780,000 $
Bedrooms:11
Year Built:1999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X100
Lot Identifier: 18
Lot Identifier: 18

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.06
Total Baths: 6.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 14
Easement/Desc: No
Exterior Description: Stucco, Vinyl Siding
Roof Description: Flat
Possesion: TBD
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 3
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Lease Expire: 2026-09-30
Unit 1 SqFt: 900
Unit 1 Rent: 1850
Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
Unit 1 Security Deposit: 2775
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 4
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Lease Expire: 2026-05-31
Unit 2 SqFt: 950
Unit 2 Rent: 2249
Unit 2 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
Unit 2 Security Deposit: 3150
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Levels: 1
Unit 3 Rooms: 5
Unit 3 Beds: 4
Unit 3 Baths: 2.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 Lease Expire: 2026-02-28
Unit 3 SqFt: 950
Unit 3 Rent: 2050
Unit 3 Room Description: Bedrooms, Kitchen, Laundry Room, Living Room, Living/Dining Room
Unit 3 Security Deposit: 3075
Block Identifier: 2632
County Number: 16
Town Number: 1614
YB/Desc: 1999 - Approximate
Easement: No
Parking/Driveway Description: On-Street Parking
Block Identifier: 2632
County Number: 16
Town Number: 1614
Possession: TBD

Utilities

Heat Source: Gas-Natural
Heat System: 3 Units
Cool System: 3 Units
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-02632-0000-00018-0000-
Tax Amount: $15,692.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Land Assessment: $29,700.00
Building Assessment: $362,700.00
Total Assessment: $392,400.00
FHA Age Restricted: No

Features

  • Carbon Monoxide Detector
  • Fire Alarm Sys
  • Fire Extinguisher

Statistics

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