162 S 12th Street, Newark, NJ 07107
Local realty services provided by:CENTURY 21 Christel Realty
162 S 12th Street,Newark, NJ 07107
$890,000
- - Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: simone jelks-bandison
Office: coldwell banker, upper montclair
MLS#:25028266
Source:NJ_MLS
Price summary
- Price:$890,000
About this home
NEW CONSTRUCTION 3-FAMILY 162 South 12th Street, Newark, NJNow Active Legal 3-Family Tax Abatement Eligible NACA & VA Buyer FriendlyStep into ownership and opportunity with this brand-new, legal 3-family home in one of Newark's most active growth corridors. This newly constructed property is the ideal match for first-time buyers, investors, multigenerational households, or veterans looking to build long-term wealth through real estate.With a smart layout across all three units, this home features 8 generously sized bedrooms, 5 full bathrooms, and a bonus office/flex space perfect for remote work or added functionality. Each unit includes open-concept living areas, nicely sized bedrooms, laundry hookups, and separate utilities for easy management.A 3-car garage and additional driveway parking add rare and valuable off-street convenience.*This property qualifies for Newark's 5-Year Tax Abatement, reducing operating expenses and increasing cash flow an incredible advantage for investors and owner-occupants alike.*Perfect for buyers using NACA's no-money-down program or VA benefits this home combines affordability with strong income potential.*Just minutes from downtown Newark, transit, universities, and redevelopment zones this location is set for appreciation and high rental demand.*Final stages of construction underway*Appraisal on file*Schedule your private tour today before it hits the radar of every serious buyer in the area....
Contact an agent
Home facts
- Listing ID #:25028266
- Added:218 day(s) ago
- Updated:March 02, 2026 at 08:30 AM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:18
Finances and disclosures
- Price:$890,000
- Tax amount:$1,505
Features and amenities
- Laundry features:In Unit
New listings near 162 S 12th Street
- New
$619,000Active-- beds 3 baths340 Adams, Newark, NJ 07105
MLS# 26008242Listed by: PLATINUM REAL ESTATE SOLUTIONS - New
$699,000Active5 beds 4 baths2,600 sq. ft.-32 Palm Street, Newark, NJ 07106
MLS# 2661465MListed by: EXP REALTY, LLC - New
$599,000Active5 beds 2 baths182 Norwood St, Newark City, NJ 07106
MLS# 4014445Listed by: KELLER WILLIAMS PARK VIEWS - New
$399,900Active4 beds 3 baths289-291 14th Ave, Newark City, NJ 07103
MLS# 4014367Listed by: RE/MAX SELECT - New
$550,000Active3 beds 2 baths93-95 Montrose Street, Newark, NJ 07106
MLS# 26008253Listed by: BERKSHIRE HATHAWAY HOME SERVICES FOX & ROACH REALTORS - LIVINGSTON - New
$550,000Active3 beds 2 baths93 Montrose St, Newark City, NJ 07106
MLS# 4014303Listed by: BHHS FOX & ROACH - Open Sun, 1 to 3pmNew
$450,000Active-- beds 2 baths580 Hunterdon Street, Newark, NJ 07108
MLS# 26007790Listed by: THE REAL ESTATE COMPANY - Open Sun, 1 to 4pmNew
$929,000Active-- beds 5 baths349-351 Osborne Terrace, Newark, NJ 07112
MLS# 26008075Listed by: KELLER WILLIAMS VILLAGE SQUARE REALTY - New
$699,000Active-- beds 4 baths156 Dayton Street, Newark, NJ 07114
MLS# 26008130Listed by: KELLER WILLIAMS REALTY WESTFIELD - New
$678,900Active-- beds 3 baths59 Rose Terrace, Newark, NJ 07108
MLS# 26008155Listed by: NEW AND MODERN GROUP