266 North 12th Street

Newark, NJ 07107

$850,000
Price
8
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Outstanding four family investment opportunity! Located on a desirable street, this charming well-maintained four-family property is the perfect income generating multI for an investor. Each of the two first-floor units feature 1 bedroom, a kitchen, bath and living room. The two second-floor units each boast 2 bedrooms, a nice-sized kitchen, bath, and living room. FULLY FINISHED BASEMENT WITH FULL BATH ON EACH SIDE-plus three rooms on each side. Backyard porch area is perfect for relaxation or storage....Outstanding four family investment opportunity! Located on a desirable street, this charming well-maintained four-family property is the perfect income generating multI for an investor. Each of the two first-floor units feature 1 bedroom, a kitchen, bath and living room. The two second-floor units each boast 2 bedrooms, a nice-sized kitchen, bath, and living room. FULLY FINISHED BASEMENT WITH FULL BATH ON EACH SIDE-plus three rooms on each side. Backyard porch area is perfect for relaxation or storage. Private driveway leading to an oversized one-car garage can also be used for storage. Hard wood floors. Quiet street. Close to shops, restaurants and transportation. All units fully rented. Don't miss out on this excellent investment opportunity! Fully rented. Leases are month to month. As is.
  1. Listed by JESSICA KEEFE • KELLER WILLIAMS - NJ METRO GROUP

Property Details for 266 North 12th Street

Directions
Bloomfield to Lake to 2nd to Ridge
Days On Market
0
LISTING UPDATED: 11/21/2024 07:24 PM

Property Details for 266 North 12th Street

StatusActive
MLS #3935459
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1932
Lot Size0.10 AC / 4,356 SF
CountyEssex County

Building Information for 266 North 12th Street

Stories-Residences4Year Built1932Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 266 North 12th Street

Summary
Location and General Information
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1960
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Brick
  • Town #: 1614.0
  • Street # Display: 266.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: N 12th St
  • Zip Code: 07107-1237
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $0
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 279000.0
  • Tax ID For Property: 1614-01960-0000-00028-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
  • # Garage Spaces: 1
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 28
  • Approximate Lot Size: 45X100
  • Total Acres: 0.1
  • Construction Date/Year Built: 1932
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 229000.0
  • Assessment Land: 50000.0
  • Farm Assessment: No
Utilities
  • Cooling: No Cool
  • Services: Cable TV Available
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick/Block
  • Exterior Features: Curbs, Metal Fence, Patio, Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 1 Rent: 1800.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 1 Rooms: 3.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 2 Rent: 1300.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 2 Rooms: 3.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 3 Rent: 1500.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 4 Rent: 1300.0
  • Unit 4 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 266 North 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 266 North 12th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
First Avenue Elementary School
PublicPK to 8

Dr. William H. Horton Elementary School
PublicPK to 8

Dr. E. Alma Flagg Elementary School
PublicPK to 8

Salome Urena Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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266 North 12th Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on November 21, 2024 by KELLER WILLIAMS - NJ METRO GROUP, it's currently listed at $850,000. This listing's school district is The Newark Public School District. Nearby schools include First Avenue Elementary School, Dr. William H. Horton Elementary School and Dr. E. Alma Flagg Elementary School. 266 North 12th Street is a 8-bed, 6-bath, multi-family home built in 1932.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS - NJ METRO GROUP, JESSICA KEEFE

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 11/23/2024 12:23 PM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 11/23/2024 12:23 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.