224 12Th Ave, Newark City, NJ 07107
Essex County
Key Facts
Description
Opportunity knocks with this exceptional legal 3-family home in a prime location! Conveniently situated just 5 minutes from Rutgers University, 7 minutes from downtown, and less than 15 minutes from Newark Penn Station, this property truly embodies ?location, location, location.? Perfect for both owner-occupants or investors seeking supplemental rental income, this well-maintained and recently renovated property offers endless potential. The spacious backyard provides plenty of room for entertaining, expansion possibilities, or creating your ideal outdoor space. A fantastic opportunity you won?t want to miss!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1897
Stories
3
Living Area
3,388 sq ft
Lot Size
0.06 acres
MLS® Listing#
4027576
Property Features
Heating
Basement
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$10,157
Tax year 2025
Assessed Value
$254,000
Parcel Number
1614-01797-0000-00002-0000-
Directions
W Market to Bergen to 12th Ave
Affordability Calculator
$123,000
Estimated monthly payment
$3,273/mo
Principal $492,000 · Est. interest $686,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $613,173
- Median Listing Price
- 49
- Median Days on Market
- 1,400
- Median Sq Ft
- $401
- Median Price / Sq Ft
- 3,191
- Active Listings
- This home’s price is right around the area median.
- Its price per sq ft is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Thirteenth Avenue Elementary School
Elementary · 0.1 mi away
John F. Kennedy School
School · 0.2 mi away
Martin Luther King Junior Elementary School
Elementary · 0.2 mi away
Saint Antoninus School
School · 0.2 mi away
West Side High School
Secondary · 0.3 mi away
Lead Charter School
School · 0.4 mi away
Lead Charter School
Secondary · 0.5 mi away
Essex County Donald M. Payne Sr. School of Technology
Secondary · 0.5 mi away
Full Gospel Christian Academy
School · 0.6 mi away
University Heights Charter School
School · 0.6 mi away
Achieve Community Charter School
School · 0.6 mi away
Saint Vincent Academy
School · 0.6 mi away
Sussex Avenue School
Elementary · 0.6 mi away
Camden Street Elementary School
Elementary · 0.6 mi away
Philip's Academy Charter School
Elementary · 0.6 mi away
Sir Isaac Newton Elementary School
Elementary · 0.7 mi away
Newark Evening High School
Secondary · 0.7 mi away
Dionne Warwick Institute
Elementary · 0.7 mi away
Bard High School Early College
Secondary School · 0.7 mi away
Roseville Community Charter School
Elementary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 34 Cumberland Ave 2, Trenton City, NJ | $439,000 | 6 | 3 | 1,600 |
| 150 Spring St, City Of Orange Twp., NJ | $439,900 | 5 | 3 | — |
| 1830 E Riverside, Atlantic City, NJ | $445,000 | 8 | — | 2,707 |
| 736 W Front St, Plainfield City, NJ | $445,000 | 5 | 2 | — |
| 87 Madison Ave, Newark City, NJ | $445,000 | 5 | 2 | — |
| 87 MADISON AVE, Newark, NJ | $445,000 | 5 | 2 | — |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: EXIT PLATINUM REALTY - 9737464777