Properties

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.

Features

  • Heating System : 3 Units
  • Cooling System : 3 Units, See Remarks
  • Basement : Full
  • Roof Deck : Asphalt Shingle
  • Parking Description: On-Street Parking
  • Tax Assessed Valuation: 51500
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 407827
  • Tax: 2059
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$550,000

31 S 12Th St, Newark City, *

  • SQFT 17.40 Acre
  • Bedroom 5
  • Built Year 1920

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5448076
  • Price: $550,000
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Approximate, Renovated
  • Lot Area: 17.40 Acre
  • Status: Active
  • Days On Market: 1

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: S 12Th St
  • Street Number: 31
  • Street Direction: Central Ave to S 12th Street
  • Floor Number: 0
  • Longitude: W75° 48' 13.2''
  • Latitude: N40° 45' 11.8''
  • Internet Display Address: No
Property