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$550,000 Just Listed
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Property Description
Welcome to this stunning brick brownstone nestled in the heart of Newark, NJ. This fully updated 3-unit multifamily exudes that coveted NYC and Jersey City brownstone charm, sitting on a 17.4x100 lot featuring a full basement and parking. Thoughtfully renovated in 2025 with modern finishes throughout, all three units are currently tenant occupied and generating consistent rental income from day one. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to live in one unit while collecting rental income from the remaining two units. Experience the charm and character of classic brownstone living at a fraction of NYC and Jersey City prices with low 2025 taxes. Conveniently located with easy access to major highways and NJ Transit for a seamless commute to NYC. Property can be purchased individually or as part of an exclusive package deal with 4 additional side by side brick brownstones on S 12th St totaling 5 properties. Opportunities like this do not last. Schedule your showing today.
Full Property Details
Full Property Details for 315 S 12th St
General
- Price: $550,000
- Taxes: $2,059 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4042121
- Updated: Today (7/21/2026)
- Added to Site: Today
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: Central Ave to S 12th Street
Heating & Cooling
- Cooling Type: 3 Units, See Remarks
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1920
- 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: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 17.4 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $32,000
- Land Assmt: $19,500
- Tax Amount: $2,059
- Tax Year: 2025
Disclosures and Reports
- Block: 1867
- Lot Number: 63
Listed by Re/Max Professionals I
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Schools
Schools serving 315 S 12th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.6 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.8 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.2 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.4 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.8 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.8 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 315 S 12th St
Date
Details
Price
Change
Source
7/21/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 S 12th St
31.5 S 12th St, Newark, NJ 07107 (MLS# 4042121) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 31.5 S 12th St is currently listed for $550,000 and was received on July 21, 2026. Want to learn more about 31.5 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.

