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Renovated Four-Unit Quadplex
For Sale
$899,900

14 Hazel Place, Newark, NJ 07108

Finished basement and separate utilities support practical multifamily operations.

Property SizeContact for details
Days on Market186

Property Features for 14 Hazel Place

General Information

Standard status Active
Property subtype Multi Family / Fourplex

Additional Details

Public Transit Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,797

Amenities

Yes
No
Flat
Finished
Aluminum Siding

Building Details

Year Built 1922
Year Renovated 2025
Listing Agency: RE/MAX PROFESSIONALS I
Listed By: CHRISTOPHER STEAD · License #409485
Source: Compass
Added: Feb 26 Changed: Aug 30 Last Checked: Aug 31 at 1:07AM

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 RE/MAX PROFESSIONALS I

Investment Insights

Based on property information with market context.

This four-unit multifamily property was renovated in 2025 with refreshed kitchens, modernized bathrooms, contemporary finishes, and spacious interior layouts. Separate utility systems support distinct unit operations, while the finished basement adds usable space for storage or shared building functions. The property also features aluminum siding.

Built in 1922, the asset is positioned near public transportation, major highways, shopping, and local amenities. Its four-family configuration and updated interiors provide an income-producing residential property with current rents in place and room for future rental growth.

Key Highlights

  • Four‑unit multifamily property renovated in 2025
  • Updated kitchens, modern bathrooms, and contemporary finishes
  • Finished basement provides additional usable space

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

1,247
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Finished basement and separate utilities support practical multifamily operations.
Where is this quadplex located?
The property is located at 14 Hazel Place Newark, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Four‑unit multifamily property renovated in 2025; Updated kitchens, modern bathrooms, and contemporary finishes; Finished basement provides additional usable space
More about this property
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