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Fully Renovated 4-Unit Quadplex
For Sale
$898,000
Pending

14-16 Hazel Pl, Newark, NJ 07108

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.13 Acres
Days on Market159

Property Features for 14-16 Hazel Pl

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 8, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Basement
Parking 4
Directions W Runyon St. to Hazel Pl
Standard status Pending
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10797

Utilities

Heating system Forced Air
Water source Public

Amenities

finished basement

Building Details

Year built 1922
Number of units 4
Roof type Flat
Architectural style Other
Listing Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: CHRISTOPHER STEAD
Added: Mar 5 Changed: Aug 1 Last Checked: Aug 11 at 12:06PM
MLS# 4012834

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.

Fully renovated 4-family quadplex for sale at 14-16 Hazel Pl in Newark, NJ. The property includes updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities are provided for each unit to support efficient operations and flexibility for income-focused ownership.

A large, clean, finished basement adds additional usable space for storage or potential shared use. The home has forced-air heating, public water service, and a flat roof. Built in 1922, the property sits on a 0.13-acre lot.

Conveniently located near NJ Transit bus lines and Newark Penn Station, with access to major highways, shopping, and local amenities. The area is positioned for easy commuting to New York City via established commuter routes.

Key Highlights

  • Fully renovated 4‑family quadplex with updated kitchens and modern bathrooms
  • Separate utilities per unit
  • Large, clean, finished basement for storage or common use

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,231
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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?
Quadplex - Four fully renovated units with separate utilities and a finished basement, plus forced-air heating and public water service.
Where is this quadplex located?
The property is located at 14-16 Hazel Pl Newark, NJ.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Fully renovated 4‑family quadplex with updated kitchens and modern bathrooms; Separate utilities per unit; Large, clean, finished basement for storage or common use
More about this property
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