488 S 12th St, Newark, NJ 07103

Newark
Local realty services provided by:ERA Central Realty Group
488 S 12th St,Newark City, NJ 07103
$499,888
  • 7 Beds
  • 3 Baths
  • 2,284 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Jun 13
    12:00 pm - 02:30 pm
  • Sun, Jun 14
    01:00 pm - 03:00 pm
Listed by: benjamin rodriguez
Office: keller williams village square201-445-4300
MLS#:4033505
Source:NJ_GSMLS

Price summary

  • Price:$499,888
  • Price per sq. ft.:$218.87

About this home

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...

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Home facts

  • Year built:1940
  • Listing ID #:4033505
  • Added:2 day(s) ago
  • Updated:June 12, 2026 at 08:21 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement Description:Basement, Unfinished
  • Living area:2,284 sq. ft.

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:Baseboard - Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Building area:2,284 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,888
  • Price per sq. ft.:$218.87
  • Tax amount:$10,337 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:On-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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. This information is being provided 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. Date Last Updated June 12, 2026

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