Active

$555,000

109 S 12Th St, Newark City, NJ 07107

9beds

--sqft

$3,955/mo

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Multi Family

Built in 1915

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

This home is also for rent. View listing

What's special

Excellent opportunity for investors seeking a fully occupied, income-producing three-family property located in the Central Ward. Each of the three residential units features 3 bedrooms and 1 full bathroom, offering a total of 9 bedrooms and 3 bathrooms. The property is fully occupied, providing rental income from day one. The owner pays heat, while tenants are responsible for their own gas and electric expenses. Conveniently located near major highways, this property offers accessibility for residents and commuters alike. An attractive opportunity for experienced investors looking to expand their rental portfolio or buyers seeking a multifamily investment with established occupancy and ongoing income potential.

11 days
292
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Heating

1 Unit, Natural Gas

Features

Bedrooms, Kitchen, Living Room
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: None

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614018590000000170000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: See Remarks

Condition

Year built: 1915

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Newark

Financial & listing details

Tax assessed value: $212,000
Annual tax amount: $8,477
Date on market: 10/9/2026
Exclusions: Personal Property
Total actual rent: 4237
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/9/2026	Listed for sale	$555,000-14.6%
Source: GSMLS #4058040 Report a problem
3/18/2026	Listed for rent	$2,300
Source: Zillow Rentals Report a problem
1/13/2023	Sold	$650,000+91.2%
Source: Public Record Report a problem
3/13/2020	Sold	$340,000+53.3%
Source: Public Record Report a problem
1/10/2020	Listed for sale	$221,728+0%
Source: Auction.com Report a problem
10/2/2019	Listing removed	$221,715
Source: Auction.com Report a problem
10/1/2019	Price change	$221,715+0.1%
Source: Auction.com Report a problem
9/30/2019	Price change	$221,566-0.1%
Source: Auction.com Report a problem
9/29/2019	Price change	$221,7650%
Source: Auction.com Report a problem
9/28/2019	Price change	$221,769+0%
Source: Auction.com Report a problem
9/26/2019	Price change	$221,729+0%
Source: Auction.com Report a problem
9/25/2019	Price change	$221,6800%
Source: Auction.com Report a problem
9/23/2019	Price change	$221,721+0.2%
Source: Auction.com Report a problem
9/21/2019	Price change	$221,298-0.1%
Source: Auction.com Report a problem
9/17/2019	Price change	$221,463+0%
Source: Auction.com Report a problem
9/16/2019	Price change	$221,439+0.2%
Source: Auction.com Report a problem
9/14/2019	Price change	$221,066+0.5%
Source: Auction.com Report a problem
9/11/2019	Price change	$219,998+0.2%
Source: Auction.com Report a problem
9/7/2019	Price change	$219,600+0.3%
Source: Auction.com Report a problem
9/5/2019	Price change	$218,916+0%
Source: Auction.com Report a problem
8/31/2019	Price change	$218,807-0.4%
Source: Auction.com Report a problem
8/27/2019	Price change	$219,633-0.1%
Source: Auction.com Report a problem
8/25/2019	Price change	$219,7740%
Source: Auction.com Report a problem
8/24/2019	Price change	$219,851+0%
Source: Auction.com Report a problem
8/22/2019	Price change	$219,808-0.5%
Source: Auction.com Report a problem
8/17/2019	Listed for sale	$220,847+256.2%
Source: Auction.com Report a problem
9/11/2014	Sold	$62,000-80.9%
Source: GSMLS #3118493 Report a problem
9/30/2012	Sold	$325,000+296.3%
Source: GSMLS #2897485 Report a problem
9/28/2011	Sold	$82,000-41.4%
Source: Public Record Report a problem
12/20/2005	Sold	$140,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,478 +5.2%	$212,000
2024	$8,062 +0.1%	$212,000
2023	$8,056	$212,000
2022	$8,056	$212,000
2021	$8,056 +1%	$212,000
2020	$7,973 +37.4%	$212,000
2019	$5,801	$212,000
2018	$5,801 -20.5%	$212,000
2017	$7,293 +4%	$212,000
2016	$7,015 +6.7%	$212,000
2015	$6,574 +5%	$212,000
2014	$6,260 +69.2%	$212,000 +90.6%
2012	$3,701 +4.7%	$111,200
2011	$3,536 +16.1%	$111,200
2010	$3,046 +5.4%	$111,200
2009	$2,890 +4.4%	$111,200
2008	$2,769	$111,200
2007	$2,769	$111,200
2006	--	$111,200
2005	--	$111,200
2004	--	$111,200 +1034.7%
2001	--	$9,800