Sold for $555,000 on 12/31/24
$555,000
224 12th Ave, Newark, NJ 07103
6beds
2,613sqft
MultiFamily
Built in 1940
-- sqft lot
$585,800 Zestimate®
$212/sqft
$2,586 Estimated rent
Home value
$585,800
$521,000 - $656,000
$2,586/mo
Zestimate® history
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What's special
This Property is a MUST SEE!!!
This is a beautiful 3 Family Property located in Central Newark walking distance from University Hospital. It’s commuter friendly with a bus stop directly access the street that takes you to Newark Penn Station. The property is 2 blocks off of South Orange Avenue and 2 blocks off of Central, both of these Avenues have a number of grocery stores, laundry mats and other local businesses. This is a very quiet, friendly and peaceful neighborhood. The city is currently building a new children’s playground directly across the street.
This Property is a MUST SEE!!!
Now let’s describe the house. The house is fully renovated with 1 occupied unit and 2 “turn key”vacant units. The 1st vacant unit is located on the 1st Flr of the property and it is a 3 bedroom 1 bath apartment. The 2nd unit which is located on the 2nd Flr is currently occupied. It is a 2 bedroom 1 bath that can be extended with an additional bedroom which can easily turn this from a 2 bedroom to a 3 bedroom apartment. The 3rd unit is another vacant unit and that is located on the 3rd Flr. This is a 1 bedroom 1 bath apartment, this apartment can also be extended with an additional bedroom, which can turn this unit from a 1 bedroom to a 2 bedroom apartment. Each apartment has brand new kitchen cabinets and countertops and newly renovated bathrooms. It has brand new laminate wood flooring throughout each unit and fresh paint throughout the entire house. The property also comes with Ring Security Motion Flood Lights Cameras around the house. EVERYTHING IS NEWLY RENOVATED FROM TOP TO BOTTOM!!!
This Property is a MUST SEE!!!
It has a huge fenced in backyard which is great for your children to play safely and privately. The roof was newly replaced.
This Property is a MUST SEE!!!
It’s has a huge unfinished basement with 3 Brand New crown boilers and 3 Brand New hot water tanks. The basement has all brand new steel support beams installed. The basement has a brand sub pump installed with a french drain around the entire basement to prevent any flooding issues. You have two way access to the basement for storage purposes. It’s has 3 separate gas meters and 4 separate electric meters. You have 4 main electric boxes in the basement and each apartment have their own separate electric sub panels. All the utilities are separate. Owner pays their own electric bill.
This Property is a MUST SEE!!!
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 2,613 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: Territorial
Lot
- Size: 2,369 sqft
Details
- Parcel number: 1401797000000002
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Available
- Utilities for property: Electric, All Underground
Community & neighborhood
Location
- Region: Newark
Other
Other facts
- Easement: Unknown
- Fuel Type: Gas-Natural, Electric
- Listing Type: Exclusive Right to Sell
- Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
- Unit 1 Room Description: Bedrooms, Eat-In Kitchen
- Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
- Heating: 3 Units
- Unit 2 Room Description: Bedrooms, Eat-In Kitchen
- Sewer: Public Available
- Utilities: Electric, All Underground
- Water: Public Water
- Construction Date/Year Built Des: Approximate
- Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
- Unit 3 Room Description: Bedrooms, Eat-In Kitchen
- Unit Style: 3-Three Story
- Parking/Driveway Description: On-Street Parking
- Town #: 1614
- Unit 1 Appl/Equip: See Remarks
- Cooling: See Remarks
- Unit 3 Appl/Equip: See Remarks
- Unit 2 Appl/Equip: See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $555,000-14.6%$212/sqft |
Source: Public Record | ||
| 7/15/2024 | Listing removed | -- |
Source: Owner | ||
| 4/16/2024 | Price change | $650,000+18.2%$249/sqft |
Source: Owner | ||
| 3/28/2024 | Listed for sale | $550,000+42.9%$210/sqft |
Source: Owner | ||
| 9/25/2019 | Sold | $385,000+156.7%$147/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,660 | $254,000 |
| 2024 | $9,660 +0.1% | $254,000 |
| 2023 | $9,652 | $254,000 |
Find assessor info on the county website
Neighborhood: Fairmount
Nearby schools
GreatSchools rating
- 3/10Thirteenth Avenue Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 0.3 mi
- 1/10Central High SchoolGrades: 9-12Distance: 1 mi
Get a cash offer in 3 minutes
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Estimated market value
$585,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$585,800

