Four-Unit Residential Income
For Sale
$799,000
427-429 N 12th Street N, Newark, NJ 07107
Four-unit multifamily with semi-private entrances, separate utilities, and a finished basement with multiple bonus rooms.
Property SizeContact for details
Days on Market268
Property Features for 427-429 N 12th Street N
General Information
Standard status
Active
Property subtype
Multi-family
Additional Details
Fenced Yard
Yes
Multifamily Units
4
Amenities
garage
vinyl fenced backyard
semi-private entrances
Building Details
Year Built
1932
Tenancy
Multi
Listing Agency:
RE/MAX 1st ADVANTAGE
Listed By:
ROBERT DEKANSKI
(833) 740-1234
Source:
Actionplusrealty
Added: Nov 16, 2025
Changed: Aug 10
Last Checked: Aug 10 at 3:51AM
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 1st ADVANTAGE
Investment Insights
Based on property information with market context.
This four-unit multifamily property includes multiple finished interior spaces and a vinyl fenced backyard. Units 1 and 2 are configured for accessible first-floor living, each with one bedroom, one full bath, a kitchen, and a living area. Unit 3 is located on the second level and offers one bedroom, one full renovated full bath, a kitchen, and a living area. Unit 4 provides two bedrooms, one fully renovated full bath, a kitchen, and a living area. The finished basement includes a full bath and a bonus room, with additional adjacent living space offering another full bath and two bonus rooms, plus a storage room. The property features semi-private entrances, separate gas and electric meters, and a large finished one-car garage for added storage. Units 3 and 4 also include new electrical throughout.
The roof is described as a newer commercial rubber roof with 50-year durability. The public remarks also note proximity to public transit bus and light rail, major roads, shopping, parks, and schools.
Overall, the building is presented as well maintained, with updated components including renovated baths and newer electrical in units 3 and 4, plus a finished basement designed to add flexible interior space.
The roof is described as a newer commercial rubber roof with 50-year durability. The public remarks also note proximity to public transit bus and light rail, major roads, shopping, parks, and schools.
Overall, the building is presented as well maintained, with updated components including renovated baths and newer electrical in units 3 and 4, plus a finished basement designed to add flexible interior space.
Key Highlights
- 1932‑built 4‑unit multifamily with a finished basement and multiple bonus rooms
- Unit mix: Units 1–2 each have 1 bed/1 full bath; Unit 3 has 1 bed/1 renovated full bath; Unit 4 has 2 beds/1 renovated full bath
- Separate gas and electric meters plus semi‑private entrances
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Explore this area
Business Placement
Demographics for 07107, NJ
41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily with semi-private entrances, separate utilities, and a finished basement with multiple bonus rooms.
Where is this quadplex located?
The property is located at 427-429 N 12th Street N Newark, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1932‑built 4‑unit multifamily with a finished basement and multiple bonus rooms; Unit mix: Units 1–2 each have 1 bed/1 full bath; Unit 3 has 1 bed/1 renovated full bath; Unit 4 has 2 beds/1 renovated full bath; Separate gas and electric meters plus semi‑private entrances
