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$899,000
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Property Description
Great investment opportunity at 156 S 12th St! This spacious two-story multi-family property with a fully finished basement offers excellent income potential. Each level features a 3-bedroom, 1-bathroom layout, providing generous living space and strong rental appeal. The property includes a first-floor unit, second-floor unit, and finished basement level, offering flexible living arrangements for investors or owner-occupants.Utilities including electricity and water are currently paid by the owner, adding convenience for tenants. Ideally located near schools, shopping, public transportation, and major highways, making it attractive for commuters and long-term renters.With solid layout and strong value-add potential, this property presents a great opportunity to generate rental income or renovate to maximize value. Perfect for investors looking to expand their portfolio in a growing Newark market.
Full Property Details
Full Property Details for 156 S 12th St
General
- Price: $899,000
- Taxes: $5,314 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4012897
- Updated: 3/10/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: Essex
- Driving Directions: Take I-280 to Newark. Exit toward Orange St. Continue to S 12th St.
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1920
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: See Remarks
- Square Feet: 3500
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: See Remarks
- Square Feet: 1750
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Operating Expenses: $2
- Assessment Amount: $101,600
- Land Assmt: $31,300
- Tax Amount: $5,314
- Tax Year: 2025
Disclosures and Reports
- Block: 1825
- Lot Number: 59
Listed by Nationwide Homes Realty Llc
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Schools
Schools serving 156 S 12th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.4 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.9 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.5 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.2 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.5 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.9 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 156 S 12th St
Date
Details
Price
Change
Source
3/05/2026
Listed
$899,000
194.75%
MLS
3/17/2008
Sold
$305,000
—
Public Record
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 156 S 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,054
2%
$132,900
—
2022
$4,965
—
$132,900
—
2021
$4,962
33%
$132,900
—
2021
$3,741
-25%
$132,900
—
2019
$4,998
2%
$132,900
—
2018
$4,908
4%
$132,900
—
2017
$4,731
3%
$132,900
—
2016
$4,572
4%
$132,900
—
2015
$4,398
7%
$132,900
—
2014
$4,121
—
$132,900
—
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 156 S 12th St
156 S 12th St, Newark, NJ 07107 (MLS# 4012897) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 156 S 12th St is currently listed for $899,000 and was received on March 05, 2026. Want to learn more about 156 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.

