NJ > Newark
Newark, NJ 07107,162 12th ST
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Newark, NJ 07107,162 12th ST
Newark, NJ 07107,162 12th ST
Newark, NJ 07107,162 12th ST
Newark, NJ 07107,162 12th ST
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
Listed by Simone Jelks-Bandison Coldwell Banker, Upper Montclair
$ 890,000
Est. payment /mo
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162 12th ST Newark, NJ 07107

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25028266

Style 3 Family

Full Baths 5

Property Sub-Type 3 Family

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, multigenerational households, 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

Laundry In Unit

New Jersey MLS (NJMLS)
agent

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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162 12th ST

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