Skip to main content
Save
Ask
Tour
Hide
Share
$890,000
16 Days On Site

162 S 12Th St
Newark City, NJ 07107

For Sale|Multi Family|Active
8
Beds
5
Total Baths
5
Full Baths
4,742
SqFt
$188
/SqFt
2025
Built
County:
Essex

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 973-349-0459
Is this the listing for you? We can help make it yours.
973-349-0459
162 S 12Th St162 S 12Th St162 S 12Th St162 S 12Th St
Save
Ask
Tour
Hide
Share

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, 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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$890,000
Days On Site 
16 Days
Bedrooms 
8
Inside Area (SqFt) 
4,742 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
2025
MLS® Number 
3980106
Status 
Active
Property Tax 
$1,505
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.08
Carport 
5
Number Of Stories 
3
Parking Spaces 
5
Property Condition 
Under Construction
Property Sub Type 
Multi Family
Style 
3-Three Story
Utilities 
Underground Utilities
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Vinyl Siding
Roof 
Asphalt
Listing courtesy of COLDWELL BANKER REALTY

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share