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$889,000
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Property Description
Spacious and modern property with two apartments located at 195 12th Ave, Newark, NJ, offering a total of 2,500 sqft of living space. The first floor features 1,260 sqft, including a large recreation area, a half bath, storage, and a 2-car garage. The upper units span 1,323 sqft, each with 3 bedrooms, 2 full bathrooms, open-concept kitchens and living rooms, in-unit laundry, and private master suites with walk-in closets. With 6 bedrooms and 5 bathrooms in total, this property is perfect for investors or owner-occupants seeking space, comfort, and income potential. Close to Schools and transportation, and Newark University Hospital.
Full Property Details
Full Property Details for 197 12th Ave
General
- Price: $889,000
- Taxes: $1,190 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3995974
- Updated: 11/5/2025
- Added to Site: 74 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Built-In Garage, See Remarks
Location
- County: Essex
- Driving Directions: West on Central / Market St, Left on South 7th St, Right on to 12th Ave
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Laundry Room, Living Room
- Square Feet: 1260
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Laundry Room, Living Room
- Square Feet: 1323
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Operating Expenses: $9,999
- Land Assmt: $31,300
- Tax Amount: $1,190
- Tax Year: 2024
Disclosures and Reports
- Block: 1812
- Lot Number: 31.02
Listed by Align Right Realty Homekey
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Schools
Schools serving 197 12th Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.8 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 1.1 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 1.2 mi |
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 1.3 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.7 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 1.8 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 2.7 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 197 12th Ave
Date
Details
Price
Change
Source
11/03/2025
Listed
$889,000
—
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 197 12th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,190
100%
$31,300
—
2023
—
$31,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Home Warranty : Included
197 12th Ave, Newark, NJ 07107 (MLS# 3995974) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 197 12th Ave is currently listed for $889,000 and was received on November 03, 2025. Want to learn more about 197 12th Ave? 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.

