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Off market
  • Tax assessed value
    $228,100

    54-56 N 12th St, Newark, NJ 07107

    9beds
    4baths
    3,960sqft
    MultiFamily
    Built in 1918
    -- sqft lot
    $-- Zestimate®
    $58/sqft
    $2,090 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,090/mo

    Zestimate® history
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    $1,348/mo

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    $1,348/mo

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    What's special

    INVESTMENT OPPORTUNITY! Great 4 family, total gut renovation, top quality construction, nothing to do or upgrade. Collect rent and watch your investment appreciate. Fully rented, but possibility for owner occupied. Over 7% cap rate, see media section for financials. Large, beautiful, two bedroom, 1 bath apartments totally renovated in 2018 with gleaming wood floors, eat-in kitchens with granite countertops, new appliances, central A/C lots of light and closet space. Private parking in rear for each tenant and one owner space. Up and coming area in North Newark with good commute near Newark Broad St Station, NJIT and Rutgers.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Wood Floors, Carbon Monoxide Detector, Fire Extinguisher, Security System
    • Flooring: Hardwood
    • Basement: Yes
    Interior area
    • Total interior livable area: 3,960 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 1401922000000009

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1918

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electric, All Underground, Gas In Street

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Basement Description: Full, Finished-Partially
    • Basement: Yes
    • Cooling: Central Air, 4 Units
    • Heating: Forced Hot Air, 4 Units
    • Fuel Type: Gas-Natural
    • Sewer: Public Sewer
    • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Pantry
    • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Pantry
    • Roof Description: Asphalt Shingle
    • Unit Style: 2-Two Story
    • Utilities: Electric, All Underground, Gas In Street
    • Water: Public Water
    • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Pantry
    • Parking/Driveway Description: Driveway-Exclusive, Concrete, Parking Lot-Exclusive, Assigned
    • Construction Date/Year Built Des: Renovated
    • Interior Features: Wood Floors, Carbon Monoxide Detector, Fire Extinguisher, Security System
    • Lot Description: Level Lot
    • Unit 1 Appl/Equip: Range/Oven - Gas, Refrigerator, Carbon Monoxide Detector
    • Expenses Include: Insurance, Taxes, All Utilities
    • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Pantry, Living/Dining Room
    • Listing Type: Exclusive Agency
    • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
    • Unit 3 Appl/Equip: Range/Oven - Gas, Carbon Monoxide Detector, Refrigerator
    • Unit 4 Appl/Equip: Range/Oven - Gas, Carbon Monoxide Detector, Refrigerator
    • Exterior Description: Aluminum Siding
    • Town #: Newark City

    Price history

    DateEventPrice
    2/6/2023Listing removed--
    Source: Local MLS Report a problem
    11/8/2022Listed for sale$899,000+454.9%$227/sqft
    Source: GSMLS #3816843 Report a problem
    2/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/17/2021Price change$1,700-8.1%
    Source: Zillow Rental Manager Report a problem
    1/10/2021Listed for rent$1,850+37%
    Source: Zillow Rental Manager Report a problem
    1/26/2018Listing removed$1,350
    Source: Owner Report a problem
    1/18/2018Listed for rent$1,350
    Source: Owner Report a problem
    2/14/2017Sold$162,000+17.5%$41/sqft
    Source: GSMLS #3330918 Report a problem
    12/28/2016Pending sale$137,900$35/sqft
    Source: Homepath #3330918 Report a problem
    12/20/2016Listed for sale$137,900$35/sqft
    Source: Homepath #3330918 Report a problem
    9/3/2016Pending sale$137,900$35/sqft
    Source: Homepath #3330918 Report a problem
    8/23/2016Listed for sale$137,900-65.5%$35/sqft
    Source: Homepath #3330918 Report a problem
    11/13/2008Sold$400,000+7900%$101/sqft
    Source: Public Record Report a problem
    7/17/2008Sold$5,000$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,122 +5.2%$228,100
    2024$8,675 +0.1%$228,100
    2023$8,668 $228,100
    2022$8,668 $228,100
    2021$8,668 +1%$228,100
    2020$8,579 +108.6%$228,100
    2019$4,112 $228,100
    2018$4,112 -47.6%$228,100
    2017$7,847 +4%$228,100
    2016$7,548 +6.7%$228,100
    2015$7,073 +5%$228,100
    2014$6,736 -11.3%$228,100
    2012$7,591 +4.7%$228,100
    2011$7,254 +16.1%$228,100
    2010$6,248 +5.4%$228,100
    2009$5,928 +4.4%$228,100
    2008$5,680 $228,100
    2007$5,680 $228,100
    2006-- $228,100
    2005-- $228,100
    2004$4,927 $228,100
    2003-- $228,100 +956%
    2002-- $21,600
    2001-- $21,600

    Find assessor info on the county website

    Neighborhood: Lower Roseville

    Nearby schools

    GreatSchools rating
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