31.5 S 12th St
Newark City, NJ 07107
Price: $550,000
GSMLS: 4042121Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 5
Baths: 3 Full
Garage: No
Year Built: 1920
Acres: 0.04
Property Tax: $2,059
Description
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 17.4x100 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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
17.4X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
On-Street Parking
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
2
Room Description:
Bedrooms, Kitchen, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
3 Units, See Remarks
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Available
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$550,000
Tax Amount:
$2,059
Land Assessment:
$19,500
Build. Assessment:
$32,000
Total Assessment:
$51,500
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4042121
List Date:
07-21-2026
Days On Market:
1
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Alain Beade
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
