USANJNewark162 12Th St
162 12 Th St, Home with 8 bedrooms, 5 bathrooms and null parking in Newark NJ | Image 1
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$890,000

162 12 Th St, Newark, NJ

Real Estate

For Sale

$--,---,---
850
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $1,505
Days Active 3
Lot Size 
Approx. Age 
MLS® Number 25028266

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

NEW CONSTRUCTION 3-FAMILY 162 South 12th Street, Newark, NJNow Active Legal 3-Family Tax Abatement Eligible NACA & VA Buyer FriendlyStep into ownership and opportunity with this brand-new, legal 3-family home in one of Newark's most active growth corridors. This newly constructed property is the ideal match for first-time buyers, investors, multigenerational households, or veterans looking to build long-term wealth through real estate.With a smart layout across all three units, this home features 8 generously sized bedrooms, 5 full bathrooms, and a bonus office/flex space perfect for remote work or added functionality. Each unit includes open-concept living areas, nicely sized bedrooms, laundry hookups, and separate utilities for easy management.A 3-car garage and additional driveway parking add rare and valuable off-street convenience.*This property qualifies for Newark's 5-Year Tax Abatement, reducing operating expenses and increasing cash flow an incredible advantage for investors and owner-occupants alike.*Perfect for buyers using NACA's no-money-down program or VA benefits this home combines affordability with strong income potential.*Just minutes from downtown Newark, transit, universities, and redevelopment zones this location is set for appreciation and high rental demand.*Final stages of construction underway*Appraisal on file*Schedule your private tour today before it hits the radar of every serious buyer in the area.Show Description
MLS® Number25028266
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

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