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Residential Income For Sale
31.5 S 12th St, Newark City, NJ 07107-1515
Welcome to this stunning brick brownstone nestled in the heart of Newark, NJ. This fully updated 3-unit multifamily exudes that coveted NYC and Jersey City brownstone charm, sitting on a 17.4×100 lot featuring a full basement and parking. Thoughtfully renovated in 2025 with modern finishes throughout, all three units are currently tenant occupied and generating consistent rental income from day one. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to live in one unit while collecting rental income from the remaining two units. Experience the charm and character of classic brownstone living at a fraction of NYC and Jersey City prices with low 2025 taxes. Conveniently located with easy access to major highways and NJ Transit for a seamless commute to NYC. Property can be purchased individually or as part of an exclusive package deal with 4 additional side by side brick brownstones on S 12th St totaling 5 properties. Opportunities like this do not last. Schedule your showing today.
- Property Type:
- Residential Income
- Listing Type:
- For Sale
- Listing ID:
- 4042121
- Price:
- $550,000
- Year Built:
- 1920
- Lot Area:
- 0.04 Acre
- Status:
- Active
- Office Name:
- RE/MAX PROFESSIONALS I
- Agent Name:
- ALAIN BEADE
- Full Bathrooms:
- 3
- Roof:
- Asphalt Shingle
- Heating System:
- 3 Units
- Cooling System:
- See Remarks, 3 Units
- Basement:
- Full
- Architectural Style:
- 3-Three Story
- Sewer:
- Public Available
- Utilities:
- Gas-Natural
- Country:
- US
- State:
- NJ
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07107-1515
- Street:
- S 12Th St
- Street Number:
- 31.5
- Longitude:
- W75° 48' 13.2''
- Latitude:
- N40° 45' 11.8''
- Directions:
- Central Ave to S 12th Street
- Lot Size Dimensions:
- 17.4X100
- Water Source:
- Public Water
- Number Of Units Total:
- 3
- Tax Annual Amount:
- 2059
- List Agent Mls Id:
- 407827
- List Office Mls Id:
- 226401
- Mls Status:
- Active
- Modification Timestamp:
- 2026-07-22T18:33:08Z
- Originating System Name:
- gsmls
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