Date
Details
Price
Change
Source
3/26/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/50
$799,000
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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: $8,321 (2025)
- Status: Active
- Type: Multi-Family
- Source: Middlesex
- MLS ID: 2612547R
- Updated: 4/1/2026
- Added to Site: 7 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)
- 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: $8,321
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1400589000000054
Listed by RE/MAX 1st ADVANTAGE
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Listing agents
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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 |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.2 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.3 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.2 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.8 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 427-429 N 12th Street N
Tax History
Tax History for 427-429 N 12th Street N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,914
2%
$208,100
—
2022
$7,775
—
$208,100
—
2021
$7,770
33%
$208,100
—
2021
$5,858
-24%
$208,100
—
2018
$7,685
4%
$208,100
—
2017
$7,408
3%
$208,100
—
2016
$7,159
-9%
$208,100
—
2019
$7,827
14%
$208,100
—
2015
$6,886
7%
$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
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Listed by Lim Bances Realty
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Listed by Century 21 Gentry Realtors
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- Multi-Family
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Listed by Prominent Properties Sotheby's International Realty-Montclair
Sold by RE/MAX First Realty II
Sold by RE/MAX First Realty II
427-429 N 12th Street N, Newark, NJ 07107 (MLS# 2612547R) 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 March 26, 2026. 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.