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$555,000 Just Listed
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Property Description
Excellent opportunity for investors seeking a fully occupied, income-producing three-family property located in the Central Ward. Each of the three residential units features 3 bedrooms and 1 full bathroom, offering a total of 9 bedrooms and 3 bathrooms. The property is fully occupied, providing rental income from day one. The owner pays heat, while tenants are responsible for their own gas and electric expenses. Conveniently located near major highways, this property offers accessibility for residents and commuters alike. An attractive opportunity for experienced investors looking to expand their rental portfolio or buyers seeking a multifamily investment with established occupancy and ongoing income potential.
Full Property Details
Full Property Details for 109 S 12th St
General
- Price: $555,000
- Taxes: $8,477 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4058040
- Updated: 10/9/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Location
- County: Essex
- Driving Directions: W Market to 9th Ave. to S. 12th St.
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Year Built: 1915
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $190,700
- Land Assmt: $21,300
- Tax Amount: $8,477
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal Property
- Block: 1859
- Lot Number: 17
Listed by Re/Max Professionals I
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Price & Sales History for 109 S 12th St
Date
Details
Price
Change
Source
10/09/2026
Listed
$555,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 109 S 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,478
7%
$212,000
—
2022
$7,920
—
$212,000
—
2021
$7,899
32%
$212,000
—
2021
$5,968
-25%
$212,000
—
2019
$7,973
2%
$212,000
—
2018
$7,829
4%
$212,000
—
2017
$7,547
3%
$212,000
—
2016
$7,293
4%
$212,000
—
2015
$7,015
12%
$212,000
—
2013
$6,260
—
$212,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 109 S 12th St
109 S 12th St, Newark, NJ 07107 (MLS# 4058040) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 109 S 12th St is currently listed for $555,000 and was received on October 09, 2026. Want to learn more about 109 S 12th St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

