427-429 N 12th St Newark, NJ 07107
Upper Roseville NeighborhoodEstimated payment $4,859/month
About This Home
Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a full bath and bonus room. Adjacent living space holds another full bath, two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,914
Lot Details
- Lot Dimensions are 35x100
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 54 / 589
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $7,758 | $208,100 | $30,000 | $178,100 |
| 2024 | $7,758 | $208,100 | $30,000 | $178,100 |
| 2022 | $7,775 | $208,100 | $30,000 | $178,100 |
| 2021 | $7,770 | $208,100 | $30,000 | $178,100 |
| 2020 | $7,908 | $208,100 | $30,000 | $178,100 |
| 2019 | $7,827 | $208,100 | $30,000 | $178,100 |
| 2018 | $7,685 | $208,100 | $30,000 | $178,100 |
| 2017 | $7,408 | $208,100 | $30,000 | $178,100 |
| 2016 | $7,159 | $208,100 | $30,000 | $178,100 |
| 2015 | $6,886 | $208,100 | $30,000 | $178,100 |
| 2014 | $6,453 | $208,100 | $30,000 | $178,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $799,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $185,000 | -- | |
| Deed | $185,000 | -- | |
| Deed | $185,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | No Value Available | |
| Previous Owner | $176,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 25041604
APN: 14-00589-0000-00054
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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