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Renovated Two-Family Newark Property
For Sale
$624,999
Pending

654 S 12Th St, Newark, NJ 07103

Move-in ready, renovated 7-bedroom duplex in Newark.

Property SizeContact for details
Days on Market85

Property Features for 654 S 12Th St

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,953

Building Details

Year Built 1960
Units 2
Listing Agency: Carnegie Real Estate LLC
Listed By: HIPOLITO TOURON
Source: Elliman
Added: May 19 Changed: Aug 8 Last Checked: Aug 10 at 5:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carnegie Real Estate LLC

Investment Insights

Based on property information with market context.

This fully renovated two-family property in Newark features a total of 7 bedrooms and 3 full bathrooms. The property is move-in ready and suitable as an investment or for owner-occupancy. Modern updates are present throughout, including redone kitchens, updated bathrooms, and fresh finishes. Ample living space is available across both units. The property is positioned as suitable for generating rental income or multi-generational living, combining comfort and style. The location is convenient, with proximity to transportation, schools, shopping, and major highways. The bike score is 50, making it bikeable. The walk score is 69, indicating it is somewhat walkable. The transit score is 61, indicating good transit.

Key Highlights

  • Fully renovated 2‑family property, move‑in ready.
  • Features 7 spacious bedrooms and 3 full bathrooms.
  • Modern updates throughout, including redone kitchens and updated baths.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Nursing Home

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

Location Intelligence

Trade Area within ½ mile

2,387
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready, renovated 7-bedroom duplex in Newark.
Where is this duplex located?
The property is located at 654 S 12Th St Newark, NJ.
What is the asking price?
The asking price for this property is $624,999.
What are key features of this property?
This property features: Fully renovated 2‑family property, move‑in ready.; Features 7 spacious bedrooms and 3 full bathrooms.; Modern updates throughout, including redone kitchens and updated baths.
More about this property
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