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212 3rd St, Newark, NJ, 07107

6beds
4baths
4,380sqft
$629,000
$144price/sqft
$5,228/moest. monthly cost
$209,120/yrincome needed

About This Home

Presenting an exceptional income-generating property in Newark, this updated 2-family residence spans 4380 sq ft as per town records. First and second floor apartments each offer 3 bedrooms, one new bathroom, spacious kitchen with walk-in pantry and master bedrooms with walk-in closets. Fully finished large attic with a lot of potential including a bath. Attic and the second floor apartment were rented together to a section 8 family. Mostly finished basement with new bathroom and inside/outside entrances. Basement floor is unfinished and seller won't credit for it. No appliances. First floor apartment won't be available for showings and the property is expected to be delivered with a first-floor tenant, unless otherwise negotiated. Buyers responsible for CO and town inspections. Underground oil tank scheduled to be removed on 3/12/26 at owner's expense. Sold strictly 'as is'. Close to transportation and shopping. Showing

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Getting Around

75
WalkingVery Walkable
74
TransitExcellent Transit
56
BikeBikeable

Schools

4/10
Dr. E. Alma Flagg Elementary SchoolGrades PK-80.1 mi
1/10
Barringer High SchoolGrades 9-120.4 mi
8/10
Technology High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(Gas),Water Heater

Basement

  • Has basement: Yes
  • Basement: Partially Finished, Full, Bath Full, Other Room(s), Exterior Entry, Recreation Room, Storage Space, Divided Use, Utility Room, Laundry Facilities

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)

Heating & Cooling

  • Heating features: Auxiliary Electric Heat,Baseboard,Radiant,Radiators-Hot Water
  • Cooling features: None,A/C Window Unit(s)

Interior Area

  • Total structure area: 4,380
  • Total interior livable area: 4,380 sqft

Property

Details

  • Parcel number: 1401914000000052

Features

  • Stories: 3
  • Patio & porch: Porch(es) - Open,Porch
  • Exterior features: Porch(es) - Open,Porch

Lot

  • Lot size: 2,500 sqft
  • Features: Near Shopping,Near Train,Level,Near Public Transit
  • Lot size dimensions: 100.00 x 25.00

Parking

  • Parking features: On Street