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488 S 12Th St, Newark, NJ
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488 S 12Th St, Newark, NJ - Main view
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7-bed apartment for sale, 212 m²

Essex, Newark

10 651 220 Kč

50 200 Kč/m²

Listed 21 days ago · 10 Jun 2026

Apartment

Category

212.19 m²

Area

About this listing

Turnkey Investment Opportunity or Perfect House Hack! Welcome to this fully renovated two-family home in the heart of Newark, offering the ideal blend of modern living and strong income potential. Each unit features 3 spacious bedrooms, updated finishes, and comfortable layouts designed for today's lifestyle. A fully finished attic provides valuable bonus living space perfect for a home office, recreation room, guest space, or extended living needs.Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this property offers exceptional flexibility and cash-flow potential. Live in one unit and collect rent from the other, or maximize your returns by renting both units.Conveniently located near major transportation, including Newark Penn Station, NJ Transit, shopping, restaurants, schools, parks, and major highways, making commuting and daily errands a breeze. With renovations already completed, this is a true turnkey opportunity ready for its next owner.Don't miss your chance to own this income-producing multifamily property with modern updates, spacious layouts, and a prime location close to everything Newark has to offer. Schedule your private showing today!

Key Stats

Area212.19 m²
Bedrooms7
Bathrooms3.0
SubtypeDetached

Listed on

Synced 2 days ago

Zillow Us

10 651 220 Kč

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Investment economics

Estimated gross return if you let this apartment

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Newark
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Newark

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Financing

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Estimated monthly payment

$2,324/mo

4.94 % rateAPR 5.80 %
Down 20%Loan 80%
$100,000$399,888 loan
Total repayable$697,124
Interest rate4.94 %
APR5.80 %

Representative estimate · Landomo is not a mortgage broker.

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