224 12th Ave Newark, NJ 07107
Fairmount NeighborhoodEstimated payment $4,168/month
About This Home
Opportunity knocks with this exceptional legal 3-family home in a prime location! Conveniently situated just 5 minutes from Rutgers University, 7 minutes from downtown, and less than 15 minutes from Newark Penn Station, this property truly embodies "location, location, location. Perfect for both owner-occupants or investors seeking supplemental rental income, this well-maintained and recently renovated property offers endless potential. The spacious backyard provides plenty of room for entertaining, expansion possibilities, or creating your ideal outdoor space. A fantastic opportunity you won't want to miss! - PROPERTY SOLD STRICTLY AS IS
Listing Agent
DAVON CRUTCHFIELD
EXIT PLATINUM REALTY Brokerage Phone: 973-913-5242 Listed on: 05/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,157
Year Built
- Built in 1897 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Multiple Heating Units
- Hot Water Baseboard Heater
Additional Features
- Unfinished Basement
Community Details
- 3,388 Sq Ft Building
- Net Operating Income $9,999
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 05/13/2026 05/13/26 | For Sale | $615,000 | +310.0% | $182 / Sq Ft | |
| 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 | -- | |
| Deed | $285,000 | Title Works Inc | |
| Bargain Sale Deed | $130,000 | 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 | $277,500 | No Value Available | |
| Previous Owner | $292,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $161,500 | No Value Available |
Source: Garden State MLS
MLS Number: 4027576
APN: 14-01797-0000-00002
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