Newark City, NJ 07107,162 S 12Th St
Newark City, NJ 07107,162 S 12Th St
Newark City, NJ 07107,162 S 12Th St
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LivX .

LivX .

+1(973) 221-0545
$890,000
Est. payment /mo
8 Beds
5 Baths
4,742 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,742 sqft

Price per Sqft $187

MLS Listing ID 3980106

Style 3-Three Story

Bedrooms 8

Full Baths 5

Year Built 2025

Annual Tax Amount $1,505

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

NEW CONSTRUCTION 3-family 162 South 12th Street, Newark, NJNow active Legal 3-family Tax Abatement Eligible NACA & VA buyer FriendlyStep into Ownership and opportunity with this brand-new, legal 3-family home in one of Newark's most active growth corridors. This newly constructed property is the ideal match for first-time buyers, investors, or veterans looking to build long-term wealth through real estate.With a smart layout across all three units, this home features 8 generously sized bedrooms, 5 full bathrooms, and a bonus office/flex space perfect for remote work or added functionality. Each unit includes open-concept living areas, nicely sized bedrooms, laundry hookups, and separate utilities for easy management.A 3-car garage and additional driveway parking add rare and valuable off-street convenience.*This property qualifies for Newark's 5-Year Tax Abatement, reducing operating expenses and increasing cash flow an incredible advantage for investors and Owner-occupants alike.*perfect for buyers using NACA's no-money-down program or VA benefits this home combines affordability with strong income potential.*Just minutes from downtown Newark, transit, universities, and redevelopment zones this location is set for appreciation and high rental demand.*Final stages of construction underway*Appraisal on file*Schedule your private tour today before it hits the radar of every serious buyer in the area.

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Sewer Public Available

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    North Star Academy Charter Schools of Newark

    Public | KG - 12

  • 9

    Maria Varisco Rogers Charter School

    Public | KG - 8

  • 8

    Robert Treat Academy Charter School

    Public | KG - 8

  • 7

    Pride Academy Charter School

    Public | 5 - 8

  • 6

    Lincoln Avenue Elementary School

    Public | PK - 7

  • 6

    Rosa Parks Community School

    Public | PK - 7

  • 6

    George Washington School

    Public | 5 - 5

  • 6

    J. Garfield Jackson Sr. Academy

    Public | KG - 5

  • 6

    Carteret Elementary School

    Public | PK - 6

  • 6

    First Avenue Elementary School

    Public | PK - 8

  • 6

    Branch Brook Elementary School

    Public | PK - 4

  • 6

    Belleville Ps10

    Public | KG - 6

  • 6

    Park Elementary School

    Public | PK - 8

  • 6

    The Gray Charter School

    Public | KG - 8

  • 6

    Oliver Street Elementary School

    Public | PK - 8

  • 6

    Lafayette Street Elementary School

    Public | PK - 8

  • 5

    Edison Middle School

    Public | 6 - 6

  • 5

    Newark Legacy Charter School

    Public | KG - 4

  • 5

    Langston Hughes Elementary School

    Public | PK - 5

  • 5

    George Washington Carver Institute

    Public | PK - 5

Middle Schools 20
  • 9

    Science Park High School

    Public | 7 - 12

  • 7

    Great Oaks Charter School

    Public | 6 - 9

  • 6

    East Orange STEM Academy High School

    Public | 6 - 12

  • 5

    Cicely L. Tyson Community Middle/High School

    Public | 6 - 12

  • 5

    Arts High School

    Public | 7 - 12

  • 4

    University High School

    Public | 7 - 12

  • 4

    American History High School

    Public | 6 - 12

  • 4

    Washington Middle School

    Public | 6 - 8

  • 3

    Union Avenue Middle School

    Public | 6 - 8

  • 3

    Orange Preparatory Academy

    Public | 8 - 9

  • 3

    Universiy Middle School

    Public | 6 - 8

  • 3

    John L. Costley Middle School

    Public | 6 - 8

  • 3

    Sojourner Truth Middle School

    Public | 6 - 8

  • 2

    Merit Preparatory Charter School of Newark

    Public | 6 - 7

  • 1

    Patrick F. Healy Middle School

    Public | 6 - 8

  • 1

    Eagle Academy

    Public | 6 - 7

  • 1

    Newark Early College High School

    Public | 6 - 10

  • 0

    Fast Track Success Academy

    Public | 6 - 12

  • 0

    Elyon Learning Center Academy

    Private | 8 - 12

  • 0

    Link Community School

    Private | 7 - 8

High Schools 20
  • 10

    Technology High School

    Public | 9 - 12

  • 8

    Bard Early College High School

    Public | 9 - 12

  • 6

    North 13th St Tech

    Public | 9 - 12

  • 6

    Bloomfield Tech

    Public | 9 - 12

  • 5

    Newark Tech

    Public | 9 - 12

  • 4

    Orange High School

    Public | 9 - 12

  • 3

    People's Preparatory Charter School

    Public | 9 - 11

  • 2

    Newark Vocational High School

    Public | 9 - 12

  • 1

    Irvington High School

    Public | 9 - 12

  • 1

    Weequahic High School

    Public | 9 - 12

  • 1

    East Orange Campus High School

    Public | 9 - 12

  • 1

    West Side High School

    Public | 9 - 12

  • 1

    Central High School

    Public | 9 - 12

  • 1

    Malcom X Shabazz High School

    Public | 9 - 12

  • 1

    Barringer High School

    Public | 9 - 12

  • 1

    Paulo Freire Charter School

    Public | 9 - 10

  • 1

    Newark Preparatory Charter School

    Public | 9 - 10

  • 1

    East Side High School

    Public | 9 - 12

  • 0

    Career and Innovation Academy of Orange

    Public | 9 - 12

  • 0

    Newark Bridges High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

LivX .

LivX .

+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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162 S 12Th St