197 12th Ave, Newark, NJ, 07107
About This Home
Spacious and modern property with two apartments located at 195 12th Ave, Newark, NJ, offering a total of 2,500 sqft of living space. The first floor features 1,260 sqft, including a large recreation area, a half bath, storage, and a 2-car garage. The upper units span 1,323 sqft, each with 3 bedrooms, 2 full bathrooms, open-concept kitchens and living rooms, in-unit laundry, and private master suites with and spacious closets. With 6 bedrooms and 5 bathrooms in total, this property is perfect for investors or owner-occupants seeking space, comfort, and income potential. Close to Schools and transportation, and Newark University Hospital.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Under Construction
- New construction: Yes
Materials
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator)
Basement
- Has basement: Yes
- Basement: Finished, Recreation Room, Laundry Facilities
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths),Unit 2(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths)
Heating & Cooling
- Heating features: Zoned
- Cooling features: A/C Multi-Zone,Unit 1(A/C Central,A/C Unit),Unit 2(A/C Central,A/C Unit)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614018120000000310002
Features
- Stories: 3
Lot
- Lot size: 2,500 sqft
- Features: Corner Lot
- Lot size dimensions: 100.00 x 25.00
Parking
- Total spaces: 2
- Parking features: Attached Carport,Garage,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,495 | $53,940 |
| Home Insurance * | $658 | $7,896 |
| Property Taxes | $1,555 | $18,660 |
| Electricity | $193 | $2,318 |
| Total | $6,901 | $82,812 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-03 | Listed for sale | $889,000 |
New Construction
View on Zillow