Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$898,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 11 hours ago
See This Home
Save This Home
See This Home
Save This Home
Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors.Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use.Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.

Full Property Details for 14-16 Hazel Pl

General

  • Price: $898,000
  • Taxes: $10,797 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4012834
  • Updated: 8/22/2026
  • Added to Site: 170 day(s) ago

Interior

  • Number of Rooms: 12

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Essex
  • Driving Directions: W Runyon St. to Hazel Pl

Heating & Cooling

  • Cooling Type: 4+ Units, Wall A/C Unit(s)
  • Heating Type: 4+ Units, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Available
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: Fourplex, See Remarks
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Flat
  • Year Built: 1922
  • Remodeled/Updated: 2025

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, See Remarks
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Kitchen, See Remarks
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Kitchen, See Remarks
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Bedrooms, Kitchen, See Remarks
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 50 x 110
  • Driveway/Sidewalk: Additional Parking, Concrete, Driveway-Exclusive, Off-Street Parking

Financial Considerations

  • Assessment Amount: $234,200
  • Land Assmt: $35,800
  • Tax Amount: $10,797
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 3027
  • Lot Number: 48

Listed by Re/Max Professionals I

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 14-16 Hazel Pl —

  • Re/Max Professionals I

973-450-4000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 14-16 Hazel Pl

School District:Newark City School District
NameGradesDistance
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.3 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-60.4 mi
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-80.5 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-120.7 mi
Weequahic High School
279 Chancellor Avenue, Newark, NJ 07112
9-121 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-121 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.3 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14-16 Hazel Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Price Reduced
$898,000
-0.21%
MLS
3/05/2026
Listed
$899,900
49.98%
MLS
7/25/2024
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
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 for 14-16 Hazel Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,797
29%
$270,000
20%
2022
$8,391
—
$224,600
—
2021
$8,387
-2%
$224,600
—
2020
$8,535
1%
$224,600
—
2019
$8,447
2%
$224,600
—
2018
$8,294
4%
$224,600
—
2017
$7,996
3%
$224,600
—
2016
$7,726
4%
$224,600
—
2015
$7,432
12%
$224,600
—
2013
$6,632
—
$224,600
—
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 for 14-16 Hazel Pl

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Re/Max Professionals I

Similar Properties near 14-16 Hazel Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

926-928 20th St, Newark, NJ 07108 - Photo 1
$839,000

926-928 20th St  Newark, NJ 07108

  • Multi-Family
  • Active
  • 8
    Total Beds
Listed by Keller Williams City Views Realty
926 S 20th St, Newark, NJ 07108 - Photo 1
$839,000

926 S 20th St  Newark, NJ 07108

  • Multi-Family
  • Active
  • 8
    Total Beds
Listed by Keller Williams City Views Realty
22 Breckenridge Terrace, Irvington, NJ 07111 - Photo 1
$887,000

22 Breckenridge Terrace  Irvington, NJ 07111

  • Multi-Family
  • Active
  • Updated 12 days ago
  • 8
    Total Beds
Listed by Fathom Realty Nj
125 Western Pkwy, Irvington, NJ 07111 - Photo 1
$850,000

125 Western Pkwy  Irvington, NJ 07111

  • Multi-Family
  • Active
  • 8
    Total Beds
Listed by The Real Estate Company

Just Listed near 14-16 Hazel Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

323 John St, Harrison, NJ 07029 - Photo 1 Just Listed
$449,000

323 John St  Harrison, NJ 07029

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Elite Realtors of New Jersey
200 Dey Street 258, Harrison, NJ 07029 - Photo 1 Just Listed
$445,000
Open House

200 Dey Street 258  #258  Harrison, NJ 07029

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Coldwell Banker, Upper Montclair
503 McGuigan Pl, Harrison, NJ 07029 - Photo 1 Just Listed
$795,000

503 McGuigan Pl  Harrison, NJ 07029

  • Duplex
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 3
    Total Baths
Listed by Coccia Realty Better Homes & Gardens
502 Cross St, Harrison, NJ 07029 - Photo 1 Just Listed
$750,000
Open House

502 Cross St  Harrison, NJ 07029

  • Duplex
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 3
    Total Baths
Listed by Coccia Realty Better Homes & Gardens

Price Reduced near 14-16 Hazel Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

595 Forest St, Kearny, NJ 07032 - Photo 1 Price Reduced
-$55,000 (-10%)
$495,000

595 Forest St  Kearny, NJ 07032

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Coccia Realty Better Homes & Gardens
60 Stewart Ave, Kearny, NJ 07032 - Photo 1 Price Reduced
-$20,000 (-2.52%)
$775,000

60 Stewart Ave  Kearny, NJ 07032

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 4
    Total Baths
554 Norwood St, East Orange, NJ 07018 - Photo 1 Price Reduced
-$30,000 (-4.76%)
$599,900

554 Norwood St  East Orange, NJ 07018

  • Multi-Family
  • Active
  • Updated 4 days ago
  • 7
    Total Beds
Listed by Fernando Encarnacion (201) 403-4738
41-43 20th Ave, Irvington, NJ 07111 - Photo 1 Price Reduced
-$1,000 (-0.15%)
$674,000

41-43 20th Ave  Irvington, NJ 07111

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 7
    Total Beds
Listed by RE/MAX SELECT - Morristown

Recent Sales near 14-16 Hazel Pl

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

101 Hedden Terrace, Newark, NJ 07108 - Photo 1 Sold
$825,000

101 Hedden Terrace  Newark, NJ 07108

  • Multi-Family
  • Closed
Listed by Cooper McKelvey Real Estate Co.
347 Hawthorne Ave, Newark, NJ 07112 - Photo 1 Sold
$880,000

347 Hawthorne Ave  Newark, NJ 07112

  • Multi-Family
  • Closed
Listed by Weichert Realtors
34-36 Hedden Terrace, Newark, NJ 07108 - Photo 1 Sold
$770,000

34-36 Hedden Terrace  Newark, NJ 07108

  • Multi-Family
  • Closed
  • Updated 4 days ago
Listed by Keller Williams Park Views
371 Chadwick Ave, Newark, NJ 07112 - Photo 1 Sold
$860,000

371 Chadwick Ave  Newark, NJ 07112

  • Multi-Family
  • Closed
Listed by Nj Realty Systems Llc.

14-16 Hazel Pl, Newark, NJ 07108 (MLS# 4012834) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 14-16 Hazel Pl is currently listed for $898,000 and was received on March 05, 2026. Want to learn more about 14-16 Hazel Pl? 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.

Tour this property