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14-16 Hazel Pl, Newark, NJ, 07108

8beds
4baths
0sqft
$899,900
--price/sqft
$6,823/moest. monthly cost
$272,920/yrincome needed

About This Home

Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors.Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use.Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.

Getting Around

75
WalkingVery Walkable
57
TransitGood Transit
35
BikeSomewhat Bikeable

Schools

1/10
1/10
Central High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1922

Materials

  • Roof: Flat
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Refrigerator,See Remarks

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Kitchen,See Remarks

Heating & Cooling

  • Heating features: 4+ Units,Forced Air,Natural Gas
  • Cooling features: 4+ Units,Wall Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614030270000000480000

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 50 x 110

Parking

  • Total spaces: 4
  • Parking features: Additional Parking,Concrete,Driveway-Exclusive,Off Street
  • Uncovered spaces: 4