Properties for Sale & Rent in New Jersey

See the properties we’ve recently matched with happy homeowners across New Jersey.

Residential Income For Sale

162 12th Street, Newark, NJ 07107

QR Code
Property Description

NEW CONSTRUCTION 3-FAMILY 162 South 12th Street, Newark, NJNow Active Legal 3-Family Tax Abatement Eligible NACA & VA Buyer FriendlyStep into ownership and opportunity with this brand-new, legal 3-family home in one of Newark’s most active growth corridors. This newly constructed property is the ideal match for first-time buyers, investors, multigenerational households, or veterans looking to build long-term wealth through real estate.With a smart layout across all three units, this home features 8 generously sized bedrooms, 5 full bathrooms, and a bonus office/flex space perfect for remote work or added functionality. Each unit includes open-concept living areas, nicely sized bedrooms, laundry hookups, and separate utilities for easy management.A 3-car garage and additional driveway parking add rare and valuable off-street convenience.*This property qualifies for Newark’s 5-Year Tax Abatement, reducing operating expenses and increasing cash flow an incredible advantage for investors and owner-occupants alike.*Perfect for buyers using NACA’s no-money-down program or VA benefits this home combines affordability with strong income potential.*Just minutes from downtown Newark, transit, universities, and redevelopment zones this location is set for appreciation and high rental demand.*Final stages of construction underway*Appraisal on file*Schedule your private tour today before it hits the radar of every serious buyer in the area.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
25028266
Price:
$890,000
Status:
Active Under Contract
Office Name:
Coldwell Banker, Upper Montclair
Agent Name:
Simone
Features
Architectural Style:
3 Family
Laundry Features:
In Unit
Utilities:
Sep Elec, Sep Gas, Sep Heat
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07107
Street:
12th
Street Number:
162
Street Suffix:
Street
Longitude:
W75° 49' 39.5''
Latitude:
N40° 44' 8.4''
Street Dir Prefix:
S
Additional Information
On Market Date:
2025-08-07
Financial
Tax Annual Amount:
1505
Listing Information
Co List Agent Mls Id:
492774
List Agent Mls Id:
1026004
List Office Mls Id:
63680
Mls Status:
Under Contract
Modification Timestamp:
2025-12-06T19:47:05Z
Originating System Name:
njmls
Status Change Timestamp:
2025-12-06
Residential Income For Sale
Listing ID:
25028266
$890,000
Agent info
Contact Agent

Search the Latest Homes for Sale in Northern New Jersey

Explore Premier Properties for Sale

Looking a Home for Rent in New Jersey?

See exactly where your future home sits in relation to top-rated schools and your morning train platform

At Mission Realty, our mission is defined by your success. As a premier real estate company in NJ, we go beyond the standard search to provide a sophisticated, data-driven approach to the New Jersey real estate market.
Contact Us
Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com