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266 N 12th St, Newark City, NJ, 07107

$850,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
Multi

Location

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266 N 12th St, Newark$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, Detached Garage
Garage1 space
Year Built1932
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3935459
Lot Size0.10 Acres
StatusActive

About 266 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. Leases are month to month. As is.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1932

Listing Office:

  • Office Name: KELLER WILLIAMS - NJ METRO GROUP
  • Office Phone: (973) 997-0535

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Curbs, Metal Fence, Patio, Sidewalk

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: 1 Car Width, Detached Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Bloomfield to Lake to 2nd to Ridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
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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 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: #3935459

Listing Office:

  • Office Name: KELLER WILLIAMS - NJ METRO GROUP
  • Office Phone: (973) 997-0535

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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, 5:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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-677049
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.28 miles

  • Public District Grades PK-6

school-card-donut-677050
3
/10

  • Shelia Y. Oliver Academy

  • 135 Glenwood Ave

  • 0.57 miles

  • Public District Grades PK-6

school-card-donut-677051
3
/10

  • Mildred Barry Garvin Elementary School

  • 1 Grove Pl

  • 0.73 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 $57,692. The most common annual income of people living in Newark, NJ is between $35k-100k. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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

This home is located at 266 N 12th St in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home, which was built in 1932, sits on a 0.10 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $850,000.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. The number of listings in Newark, NJ increased by 25.4% between September 2024 and October 2024. 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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