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Image 1 - 781 S 12th St, Newark, New Jersey, 07108 - House for sale
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S Th St, Newark, Home For Sale
781 S 12th St, Newark, New Jersey, 07108

S Th St, Newark, Home For Sale

house for sale
Listed: 08/23/24

781 S 12th St, Newark, New Jersey, 07108

8 Bed:
3 Bath:
3,050 Sq Ft Living Area:
Save
Price
$ 690,000

About This House

Renovated 3-Family Home with Driveway in Newark, NJDiscover this beautifully renovated 3-family home located in the heart of Newark, NJ. Situated in an upcoming town that commands some of the highest rents in the nation, this property offers an exceptional opportunity for investors or owner-occupiers looking to capitalize on Newark's booming rental market.Each unit in this meticulously updated property features modern amenities and stylish finishes, ensuring tenant satisfaction and maximizing rental income potential. The convenience of a private driveway adds to the property's appeal, providing valuable off-street parking in a bustling urban environment.Located strategically for both convenience and investment potential, this property is ideal for those seeking a turnkey investment in a rapidly appreciating market. Don't miss out on your chance to own a piece of Newark's promising real estate landscape.

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Newark Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Newark, United States averaged $378,660, a decrease of 8.1% from the previous month.
Median price trends for properties for sale in Newark, United States as of August 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.