488 S 12th St, Newark City, Essex 07103
  • $499,888

Overview

Property ID: HZ4033505
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 2284 Sqft
  • Area Size

Description

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!

  • Address: 488 S 12Th St
  • City: Newark City
  • State/county: Essex
  • Zip/Postal Code: 07103

Details

Updated on June 12, 2026 at 3:02 am
  • Property ID HZ4033505
  • Price $499,888
  • Property Size 2284 Sqft
  • Land Area 0.05 Acres
  • Bedrooms 7
  • Rooms 13
  • Bathrooms 3
  • Year Built 1940
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling Window A/C(s)
  • Heating Baseboard - Electric, See Remarks
  • County Essex
  • Property Type Residential Income
  • Architectural Style 3-Three Story

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Jill Skibinsky

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