31 S 12Th St, Newark City NJ 07107-1515

Property City
Newark City
Property Price
$2,750,000
Year Built
1920
Tax Annual Amount
$3899
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.03
MLS Status
Active
MLS #
4042502

Rare opportunity to acquire an exclusive portfolio of 5 side by side brick brownstones located on S 12th St in the heart of Newark, NJ. This premier investment package includes 31, 31.5, 33, 33.5, and 37 S 12th St, totaling 11 units across 5 properties offering 27 bedrooms and 15 bathrooms, all updated in 2025. All units are currently tenant occupied and generating consistent rental income from day one, making this a true income-producing portfolio acquisition with low combined 2025 taxes. Situated on an R4 zone, this portfolio presents an exceptional future development opportunity for the visionary investor looking to maximize long-term value while collecting immediate cash flow. Whether you are a seasoned investor looking to expand your portfolio or a developer seeking a strategic land position in one of Newark's most active markets, this package checks every box. Perfectly situated with easy access to major highways and NJ Transit for a seamless commute to NYC. Each property can also be purchased individually. Opportunities like this do not last. Schedule your showing today.

Yearly Tax Rate
3.999
Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
See Remarks
Heating
See Remarks
Lot Size Dimensions
16.6X86.3
Property Location

40.75329, -74.19633

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Data import from
GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762