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Under contract
  • Price cut: $1.9K (5/19)
    $898,000

    1416 Hazel Pl, Newark, NJ 07108

    8beds
    --sqft
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    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Contemporary finishesModern bathroomsFully renovatedLarge clean finished basementSpacious layouts throughoutUpdated kitchens
    Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors. Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use. Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.
    122 days
    |
    13
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Velasquez 973-450-4000,

    RE/MAX Professionals 1

    Source: NJMLS,MLS#: 26007239MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Appliances
      • Laundry: None

      Property

      Parking
      • Total spaces: 4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Annual tax amount: $10,797
      • Date on market: 3/5/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Pending sale$898,000
        Source: NJMLS #26007239 Report a problem
        5/19/2026Price change$898,000-0.2%
        Source: NJMLS #26007239 Report a problem
        3/5/2026Listed for sale$899,900
        Source: NJMLS #26007239 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper Clinton Hill

        Getting around

        75 / 100
        Very Walkable
        57 / 100
        Good Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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