488 S 12th St, Newark, NJ 07103

Newark
Local realty services provided by:Burgdorff ERA
488 S 12th St,Newark City, NJ 07103
$425,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: benjamin rodriguez
Office: keller williams village square201-445-4300
MLS#:4040252
Source:NJ_GSMLS

Price summary

  • Price:$425,000

About this home

Investor Opportunity ? Value-Add Two-Family in Newark!Attention investors, contractors, and experienced value-add buyers! This two-family property presents an outstanding opportunity to add to your portfolio in one of Newark?s established residential neighborhoods. Featuring two spacious units with 3 bedrooms each, plus a finished attic offering additional living space and flexibility, this property has the layout and potential investors are looking for.Whether your strategy is to renovate and hold for long-term rental income, reposition for increased cash flow, or add value for future appreciation, this property offers an excellent foundation with significant upside. The generous floor plans and multi-family configuration create strong income-producing potential once improvements are completed.Conveniently located near Newark Penn Station, NJ Transit, major highways, shopping, restaurants, schools, and parks, the property offers excellent accessibility for future tenants and...

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Home facts

  • Year built:1940
  • Listing ID #:4040252
  • Added:6 day(s) ago
  • Updated:July 20, 2026 at 08:55 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement Description:Basement, Unfinished

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • 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:$425,000
  • 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 July 20, 2026

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