224 12th Ave Newark, NJ 07107
Fairmount NeighborhoodEstimated payment $4,419/month
About This Home
Great investment opportunity in Newark! This amazing 3-family home is conveniently located just 5 minutes from Rutgers University, 10 minutes from Downtown Newark, and less than 20 minutes from Newark Penn Station. Featuring three separate units and a large backyard, this property offers excellent income-producing potential for investors looking to grow their portfolio or owner-occupants looking to offset their mortgage with rental income. A great opportunity to invest in a growing Newark market! Property sold strictly AS IS. Buyer responsible for obtaining Certificate of Occupancy.
Listing Agent
DAVON CRUTCHFIELD
EXIT PLATINUM REALTY Brokerage Phone: 973-913-5242 Listed on: 08/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,157
Year Built
- Built in 1897 | Remodeled
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Additional Features
- 2,614 Sq Ft Lot
- Hot Water Baseboard Heater
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 1614-01797-0000-00002-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $10,157 | $254,000 | $26,300 | $227,700 |
| 2025 | $10,157 | $254,000 | $26,300 | $227,700 |
| 2024 | $9,469 | $254,000 | $26,300 | $227,700 |
| 2022 | $9,489 | $254,000 | $26,300 | $227,700 |
| 2021 | $9,484 | $254,000 | $26,300 | $227,700 |
| 2020 | $9,652 | $254,000 | $26,300 | $227,700 |
| 2019 | $5,642 | $150,000 | $26,300 | $123,700 |
| 2018 | $5,540 | $150,000 | $26,300 | $123,700 |
| 2017 | $5,340 | $150,000 | $26,300 | $123,700 |
| 2016 | $5,160 | $150,000 | $26,300 | $123,700 |
| 2015 | $4,964 | $150,000 | $26,300 | $123,700 |
| 2014 | $4,652 | $150,000 | $26,300 | $123,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/10/2026 08/10/26 | For Sale | $650,000 | +333.3% | -- | |
| 01/31/2018 01/31/18 | Sold | $150,000 | +3.5% | $57 / Sq Ft | View Prior Sale |
| 11/18/2017 11/18/17 | Pending | -- | -- | -- | |
| 10/27/2017 10/27/17 | For Sale | $144,900 | -- | $55 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $555,000 | Nu World Title | |
| Deed | $385,000 | -- | |
| Condominium Deed | $150,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Bargain Sale Deed | $130,000 | Title Works Inc | |
| Deed | $285,000 | Title Works Inc | |
| Deed | $370,000 | -- | |
| Deed | $109,000 | -- | |
| Deed | $365,000 | -- | |
| Deed | $170,000 | -- | |
| Deed | $46,150 | -- | |
| Deed | $46,150 | -- | |
| Deed | $19,000 | -- | |
| Quit Claim Deed | $17,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $544,947 | FHA | |
| Previous Owner | $378,026 | FHA | |
| Previous Owner | $162,500 | New Conventional | |
| Previous Owner | $260,988 | FHA | |
| Previous Owner | $292,000 | Adjustable Rate Mortgage/ARM |
Source: Garden State MLS
MLS Number: 4046046
APN: 14-01797-0000-00002
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Ask me questions while you tour the home.