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Two-Family Duplex with Finished Attic
For Sale
$425,000
Pending

488 S 12Th St, Newark, NJ 07103

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market44

Property Features for 488 S 12Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 2
Directions Off South Orange Ave and 1th Ave.
Standard status Pending
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10337

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard
Water source Public

Building Details

Year built 1940
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
Listed By: BENJAMIN RODRIGUEZ
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 25 at 4:06AM
MLS# 4040252

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family duplex includes two units with three bedrooms each, along with a finished attic that adds extra living space and flexibility. The home also features a basement and multiple bathrooms, with heating provided by baseboard and electric heating. The roof is shingle, and the property is served by public water and public sewer.

The property is located at 488 S 12th St in Newark City, Essex County, NJ 07103, and is described as being near Newark Penn Station, NJ Transit, major highways, shopping, restaurants, schools, and parks—supporting tenant accessibility and daily convenience.

Sold strictly as-is, the buyer is responsible for conducting all due diligence. Built in 1940, this is positioned for investors, contractors, and experienced value-add buyers seeking a property with room for improvement.

Key Highlights

  • 0.05‑acre two‑family duplex lot
  • Two units with three bedrooms each plus a finished attic
  • Built in 1940

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,582
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family duplex with finished attic and public utilities, heated by baseboard and electric heat.
Where is this duplex located?
The property is located at 488 S 12Th St Newark, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 0.05‑acre two‑family duplex lot; Two units with three bedrooms each plus a finished attic; Built in 1940
More about this property
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