$2,750,000
Est. payment /mo
1,306 Sqft Lot
Active
31 S 12Th St Newark City, NJ 07107
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4042502
Year Built 1920
Annual Tax Amount $3,899
Tax Year 2025
Lot Size 1,306 Sqft
Property Description
Rare opportunity to acquire an exclusive portfolio of 5 side by side brick brownstones located on S 12th St in the heart of Newark, NJ. This premier investment package includes 31, 31.5, 33, 33.5, and 37 S 12th St, totaling 11 units across 5 properties offering 27 bedrooms and 15 bathrooms, all updated in 2025. All units are currently tenant occupied and generating consistent rental income from day one, making this a true income-producing portfolio acquisition with low combined 2025 taxes. Situated on an R4 zone, this portfolio presents an exceptional future development opportunity for the visionary investor looking to maximize long-term value while collecting immediate cash flow. Whether you are a seasoned investor looking to expand your portfolio or a developer seeking a strategic land position in one of Newark's most active markets, this package checks every box. Perfectly situated with easy access to major highways and NJ Transit for a seamless commute to NYC. Each property can also be purchased individually. Opportunities like this do not last. Schedule your showing today.
Location
State NJ
County Essex
Zoning R-4
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling See Remarks
Equipment Kitchen Area, See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural, See Remarks
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Available
Water Public Water
Others
Ownership Fee Simple
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