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266-268 N 12th St, Newark, NJ, 07107

$850,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
Multi

Location

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266-268 N 12th St, Newark$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingNatural Gas, Radiant, Steam
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24037193
StatusActive
(ACTIVE)

About 266-268 N 12th St

OUTSTANDING FOUR FAMILY INVESTMENT OPPORTUNITY! Located on a desirable street, this charming well-maintained four-family property is the perfect income generating multi for an investor. Each of the two first-floor units feature 1 bedroom, a kitchen, bath and living room. The two second-floor units each boast 2 bedrooms, a nice-sized kitchen, bath, and living room. FULLY FINISHED BASEMENT WITH FULL BATH ON EACH SIDE-plus three rooms on each side. Backyard porch area is perfect for relaxation or storage. Private driveway leading to an oversized one-car garage can also be used for storage. Hard wood floors. Quiet street. Close to shops, restaurants and transportation. All units fully rented. Don't miss out on this excellent investment opportunity!!! Fully rented. As is.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty - NJ Metro Group
  • Office Phone: (973) 997-0535
  • Listing Agent: Jessica Keefe

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Clapboard, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Steam
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $7,854
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

266-268 N 12th St vs Newark

1 DAY ON ROCKET

-74 Days

$850,000

+$453.8K More

KEY TAKEAWAY

This property is $453.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24037193

Listing Office:

  • Office Name: Keller Williams Realty - NJ Metro Group
  • Office Phone: (973) 997-0535
  • Listing Agent: Jessica Keefe

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,854$279,000
2019$10,303$279,000
2018$9,932$279,000
2017$9,932$279,000

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-675865
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.33 miles

  • Public Charter Grades KG-4

school-card-donut-675866
5
/10

  • Dionne Warwick Institute

  • 120 Central Ave

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-675867
3
/10

  • Mildred Barry Garvin Elementary School

  • 1 Grove Pl

  • 0.64 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,991. Residents of Newark, NJ typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07107›266-268 N 12th St

This home is located at 266-268 N 12th St in Newark, NJ and zip code 07107 in the West Ward neighborhood. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $850,000.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.

From Rocket Homes Real Estate and based on county public records data.

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