31.5 S 12Th St
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $550,000 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $183,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-GSMLSNJ-4042121
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