# 488 S 12Th St, Newark City, NJ 07103

> **TL;DR:** 7bd/3ba residential multi family, $425,000, built 1940. Est. $2,273/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $425,000 |
| Bedrooms | 7 |
| Bathrooms | 3 full |
| Year Built | 1940 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,149 |
| Estimated Insurance | $124 |
| **Total** | **$2,273** |

## Property Highlights

- Built in 1940
- 0.05 acre lot
- 3 stories

## Description

### Agent Description
Investor Opportunity ? Value-Add Two-Family in Newark!Attention investors, contractors, and experienced value-add buyers! This two-family property presents an outstanding opportunity to add to your portfolio in one of Newark?s established residential neighborhoods. Featuring two spacious units with 3 bedrooms each, plus a finished attic offering additional living space and flexibility, this property has the layout and potential investors are looking for.Whether your strategy is to renovate and hold for long-term rental income, reposition for increased cash flow, or add value for future appreciation, this property offers an excellent foundation with significant upside. The generous floor plans and multi-family configuration create strong income-producing potential once improvements are completed.Conveniently located near Newark Penn Station, NJ Transit, major highways, shopping, restaurants, schools, and parks, the property offers excellent accessibility for future tenants and long-term investment appeal.Property is being sold strictly As-Is. This is an ideal opportunity for cash buyers, investors, contractors, or those seeking their next renovation project. Buyer is responsible for conducting all due diligence. Don?t miss the chance to unlock the full potential of this income-producing property.

## Location

- **Address:** 488 S 12Th St, Newark City, NJ 07103
- **County:** Essex
- **Coordinates:** 40.7371, -74.20384
- **Google Maps:** https://www.google.com/maps?q=40.7371,-74.20384

## Listing Agent

- **Name:** BENJAMIN RODRIGUEZ
- **Brokerage:** KELLER WILLIAMS VILLAGE SQUARE
- **Phone:** (201) 445-4300

## Primary Photo

![488 S 12Th St - Primary Photo](http://lh.rdcpix.com/ed44b2eced98bd083231c313b6676c15l-f1833616853r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.ai/listing/488-s-12th-st-newark-city-nj-07103-4040252)*

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**MLS#:** 4040252 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/488-s-12th-st-newark-city-nj-07103-4040252)

---

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