Agent profile image in chat bubble
Agent profile image in chat header

Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

Agent profile image in message

I agree to receive automated marketing calls and texts (SMS/MMS) from Opulent Living | Keller Williams City Life, its affiliates and their agents. Msg & data rates may apply. Msg frequency varies. Reply STOP to cancel. Consent is not required for purchase. I also agree to the Terms of Use and Privacy Policy.

main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
main property photo 6
main property photo 7
main property photo 8
main property photo 9
main property photo 10
main property photo 11
main property photo 12
main property photo 13
main property photo 14
main property photo 15
main property photo 16
main property photo 17
main property photo 18
main property photo 19
main property photo 20
main property photo 21
main property photo 22
main property photo 23
main property photo 24
main property photo 25
main property photo 26
main property photo 27
main property photo 28
main property photo 29
main property photo 30
main property photo 31
main property photo 32
main property photo 33
main property photo 34
main property photo 35
main property photo 36
main property photo 37
main property photo 38
main property photo 39
main property photo 40
main property photo 41
View All (42)
property photo 1
property photo 2
property photo 3
488 S 12th St , Newark City, NJ 07103
$425,000
Est. Payment: $2,162.91/mo
7 Bed
3 Bath
0 Sqft
Status: pending | Days on site: 3
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

Agent profile image
Susan Maryanski
Operator
View agent profile
Email
Call

House Description

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 long-term investment appeal.Property is being sold strictly As-Is. This is an ideal opportunity for cash buyers, investors, contractors, or those seeking their next renovation project. Buyer is responsible for conducting all due diligence. Don?t miss the chance to unlock the full potential of this income-producing property.
Show more

Highlights

Listed by BENJAMIN RODRIGUEZ , MP KELLER WILLIAMS VILLAGE SQUARE , 201-445-4300. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.05

Year Built

1940

County

Essex

Listing ID

4040252

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Other:Public Water

Exterior Features

Lot Dimensions:22.33 X 100
Roof:Asphalt Shingle
Others:Aluminum Siding,On-Street Parking
Sewer:Public Sewer
Principal Interest
$2,163
Taxes
$861

Home Price

$425,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$85,000
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:
$2,162.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,162.91 $861.42 $0.00 $3,024.33
Yearly $25,954.96 $10,337.00 $0.00 $36,291.96
Total $778,648.77 $310,110.00 $0.00 $1,088,758.77

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Jul 2026

Average Price

All Price Ranges
N/A
Jul 2026

Average Days on Market

All Price Ranges
N/A
Jul 2026
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: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS