Great investment opportunity in Newark! This amazing 3-family home is conveniently located just 5 minutes from Rutgers University, 10 minutes from Downtown Newark, and less than 20 minutes from Newark Penn Station. Featuring three separate units and a large backyard, this property offers excellent income-producing potential for investors looking to grow their portfolio or owner-occupants looking to offset their mortgage with rental income. A great opportunity to invest in a growing Newark market! Property sold strictly AS IS. Buyer responsible for obtaining Certificate of Occupancy.
Active
$650,000
224 12Th Ave, Newark City, NJ 07107
6beds
--sqft
Multi Family
Built in 1897
-- sqft lot
$660,200 Zestimate®
$--/sqft
$-- HOA
What's special
Three separate unitsLarge backyard
- 18 days
- 144
- 6
Zillow last checked:
Listing updated:
Listed by:
Davon Crutchfield 973-913-5242,
Exit Platinum Realty
Source: GSMLS,MLS#: 4046046
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard - Hotwater
Appliances
- Included: See Remarks, Water Heater (See Remarks)
Features
- Bedrooms, Kitchen, Living Room, See Remarks, Attic
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 1614017970000000020000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: See Remarks
Condition
- Year built: 1897
- Major remodel year: 2024
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), Carbon Monoxide Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $254,000
- Annual tax amount: $10,157
- Date on market: 8/10/2026
- Total actual rent: 3090
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$660,200
$627,000 - $693,000
$3,101/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $650,000+5.7% |
Source:  GSMLS #4046046 Report a problem | ||
| 7/27/2026 | Listing removed | $615,000 |
Source: EXIT Realty broker feed #4027576 Report a problem | ||
| 5/14/2026 | Listed for sale | $615,000 |
Source: GSMLS #4027576 Report a problem | ||
| 3/22/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/22/2025 | Listed for sale | $615,000+310% |
Source: Owner Report a problem | ||
| 1/31/2018 | Sold | $150,000 |
Source: GSMLS #3427716 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fairmount
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