427-429 N 12th Street N, Newark, NJ 07107 - Photo 1

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$799,000

For Sale
Active
Multi-Family

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Property Description

Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a full bath and bonus room. Adjacent living space holds another full bath two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY!

Full Property Details

Full Property Details for 427-429 N 12th Street N

General

Price: $799,000
Taxes: $7,914 (2024)
Status: Active
Type: Multi-Family
Source: Middlesex
MLS ID: 2607896R
Updated: 12/30/2025
Added to Site: 39 day(s) ago

Interior

Interior Features: Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)
Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven), Unit 4(Range/Oven)

Rooms

Bathrooms

Total Bathrooms: 6

Exterior

Exterior Features: Patio, Curbs, Sidewalk, Fencing/Wall, Outbuilding(s), Semi-Private Entry
Deck/Patio: Patio

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Garage, Detached, 3-4 Car Parking, On Street
Parking: Garage, Detached, 3-4 Car Parking, On Street

Location

County: Essex

Community

Gated: Curbs, Sidewalks

Heating & Cooling

Cooling Type: Ceiling Fan(s), None
Heating Type: Steam Radiators

Utilities

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected

Structural Information

Basement Desc.: Full, Finished, Bath Full, Bedroom, Other Room(s), Exterior Entry, Recreation Room, Utility Room, Kitchen
Roof: See Remarks, Flat
Stories/Levels: 2
Year Built: 1932

Additional Structures

Other Structures: Outbuilding

Lot Features

Lot Size (Acres): 0.0803
Lot Size (Sq. Ft.): 3,498
Lot Dimensions: 100.00 x 35.00
Lot Features: Near Shopping, Near Train, Level, Near Public Transit
Lot Description: Near Shopping, Near Train, Level, Near Public Transit
Fencing (Description): Fencing/Wall

Financial Considerations

Tax Amount: $7,914
Tax Year: 2024

Disclosures and Reports

Property ID: 1400589000000054

Listed by RE/MAX 1st ADVANTAGE

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Schools

Schools serving 427-429 N 12th Street N

School District:Newark City School District

Name	Grades	Distance
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107	5-8	0.3 mi
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107	5-8	0.8 mi
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104	K-4	1.1 mi
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104	K-4	1.2 mi
New Park School 120 Manchester Place, Newark, NJ 07104	5-8	1.2 mi
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104	5-8	1.2 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	1.2 mi
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104	PK-4	1.3 mi
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104	K-4	1.3 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 427-429 N 12th Street N Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/11/2025

Listed

$799,000

—

MLS

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

Tax History for 427-429 N 12th Street N

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,914

$208,100

—

2022

$7,775

—

$208,100

—

2021

$7,770

33%

$208,100

—

2021

$5,858

-24%

$208,100

—

2018

$7,685

$208,100

—

2017

$7,408

$208,100

—

2016

$7,159

-9%

$208,100

—

2019

$7,827

14%

$208,100

—

2015

$6,886

$208,100

—

2014

$6,453

—

$208,100

—

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 427-429 N 12th Street N

427-429 N 12th Street N, Newark, NJ 07107 (MLS# 2607896R) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 427-429 N 12th Street N is currently listed for $799,000 and was received on December 11, 2025. Want to learn more about 427-429 N 12th Street N? 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.

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427-429 N 12th Street N Newark, NJ 07107