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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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224 12th Ave , Newark City, NJ 07107
$650,000
Est. Payment: $3,347.52/mo
6 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 1
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Susan Maryanski
Operator

House Description

Great investment opportunity in Newark! This amazing 3-family home is conveniently located just 5 minutes from Rutgers University, 10 minutes from Downtown Newark, and less than 20 minutes from Newark Penn Station. Featuring three separate units and a large backyard, this property offers excellent income-producing potential for investors looking to grow their portfolio or owner-occupants looking to offset their mortgage with rental income. A great opportunity to invest in a growing Newark market! Property sold strictly AS IS. Buyer responsible for obtaining Certificate of Occupancy.

Highlights

Listed by DAVON CRUTCHFIELD , MP EXIT PLATINUM REALTY , 973-746-4777. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1897

County

Essex

Listing ID

4046046

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:See Remarks
Others:
  • Additional:Vinyl Siding, On-Street Parking
Sewer:Public Sewer
Principal Interest
$3,348
Taxes
$846

Home Price

$650,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,347.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,347.52 $846.42 $0.00 $4,193.93
Yearly $40,170.19 $10,157.00 $0.00 $50,327.19
Total $1,205,105.76 $304,710.00 $0.00 $1,509,815.76

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-05T12:59:16.000Z

© 2026 Garden State MLS