488 S 12Th St, Newark, NJ 07103
FOR SALE

488 S 12Th St
Newark, NJ 07103

West Side
  • 7 Beds
  • 3 Baths
  • 2,284 sqft

$499,888

Est. Mortgage $3,410/mo*

$499,888

Est. Mortgage $3,410/mo*
7 Beds
3 Baths
2,284 sqft

Local Information

  • Map ViewExplore the area around 488 S 12Th St.
  • Schools1 Preschool School1 Elementary School1 Middle School7 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Turnkey Investment Opportunity or Perfect House Hack! Welcome to this fully renovated two-family home in the heart of Newark, offering the ideal blend of modern living and strong income potential. Each unit features 3 spacious bedrooms, updated finishes, and comfortable layouts designed for today's lifestyle. A fully finished attic provides valuable bonus living space perfect for a home office, recreation room, guest space, or extended living needs.Whether you're an investor seeking strong rental income or an owner-occupant looking to offset your mortgage, this property offers exceptional flexibility and cash-flow potential. Live in one unit and collect rent from the other, or maximize your returns by renting both units.Conveniently located near major transportation, including Newark Penn Station, NJ Transit, shopping, restaurants, schools, parks, and major highways, making commuting and daily errands a breeze. With renovations already completed, this is a true turnkey opportunity ready for its next owner.Don't miss your chance to own this income-producing multifamily property with modern updates, spacious layouts, and a prime location close to everything Newark has to offer. Schedule your private showing today!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$219
Listed
13 days ago

Home Details for 488 S 12Th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Yes,UnfinishedNumber of Rooms: 13
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2284 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: See Remarks
Heating & Cooling
Heating: Baseboard - Electric,See Remarks,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Gas-NaturalHas Electric on Property
Levels, Entrance, & Accessibility
Stories: 3Levels: 3-Three Story

Exterior Features

Exterior Home Features
Roof: Asphalt Shingle
Parking & Garage
No GarageParking: On Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 13

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Aluminum Siding
Property Information
Parcel Number: 1614002870000000410000

Price & Status

Price
List Price: $499,888Price Per Sqft: $219
Status Change & Dates
Possession Timing: 0-30

Location

Direction & Address
City: Newark City

Agent Information

Listing Agent
Listing ID: 4033505

Building

Building Area
Building Area: 2284 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 2178 sqft

Business

Expense
Tenant Pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Miscellaneous

BasementMls Number: 4033505Attribution Contact: 201-774-3680
Last check for updates: about 19 hours ago
Listing courtesy of Benjamin Rodriguez, (201) 774-3680
Keller Williams Village Square
Source: GSMLS, MLS#4033505
Also Listed on GSMLS.

Market trends in Newark

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$16.67K
MoM
Sale-to-List Price
101.7%
1.1%
MoM
Price per sq ft
—
Available listings
241
1
MoM

Price History for 488 S 12Th St

DatePriceEventSource
06/12/2026$499,888Listed For SaleGSMLS #4033505
08/03/2022ListingRemovedZillow Rental Network Premium
04/25/2022$1,700PriceChange
Zillow Rental Network Premium #3768301
04/01/2022$1,750PriceChange
Zillow Rental Network Premium #3768301
03/10/2022$1,800Listed For RentZillow Rental Network Premium #3768301
03/31/2021$345,000Sold
GSMLS #3682017
04/17/2019$90,000Sold
N/A
09/16/2011$25,000Sold
N/A
10/20/2009$25,000Sold
N/A
09/14/2007$370,000Sold
N/A
11/10/2005$310,000Sold
N/A
12/27/2003$95,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$10,337
Assessment$258,500
Home facts updated by county records

Comparable Sales for 488 S 12Th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.67
Multi-Family Home
$376,000
01/13/26
6
4
2,200

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 488 S 12Th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about West Side

At least 411 Trulia users voted on each feature.
  • 92 % Say there are sidewalks

  • 70 % Say car is needed

  • 69 % Say it's walkable to grocery stores

  • 65 % Say it's dog friendly

  • 62 % Say yards are well-kept

  • 56 % Say streets are well-lit

  • 55 % Say parking is easy

  • 54 % Say it's walkable to restaurants

  • 52 % Say there's holiday spirit

  • 52 % Say kids play outside

  • 39 % Say neighbors are friendly

  • 36 % Say they plan to stay for at least 5 years

  • 36 % Say there are community events

  • 33 % Say it's quiet

  • 33 % Say there's wildlife

  • 26 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • Christine Joy Ala
    "There’s a bua stop near where I live and we also own a car so it’s really easy to go around, nit that quite sure if you wanted to walk around at night. For me I don’t advise walking at night. "
  • Kenya J.
    "From 1978 to 2001 the best childhood to adult experience. The apartments used to be 3 bedroom they shrunk them to charge more. "
  • Jessica Chery
    "Avoid if you can. Not safe at all!!!! Very dirty. Cars being stolen. People getting robbed! Not safe at all "
  • Trulia User
    "commuting in the area is pretty easy, great access to catch Nj transit, not not too far from Newark Penn station."
  • Trulia User
    "There are many families and this neighborhood and it’s alway great to meet new people. And good to change environments where you can feel safe for both you and your children "
  • Tonney M.
    "Good area and good people always happy to talk to you and give you lot of information about what going no"
  • D P.
    "Dog droppings every where. Pple are not clean, the streets are dirty. U can get rob or shot. You car can be stolen or home broken into "
  • Rosetta R.
    "What makes my neighborhood unique is that it's very family oriented. There is a corner store pretty much on every block."
  • Diamondinaruffsmith
    "Needs a lot Of work. Buses packed traffic if driving . No little bus stations to hide under if you get caught in the rain especially if you have kids"
  • Michael G.
    "lived here for 3 years, only good thing for me is the rent was cheap...too much noise, drugs..bad roads, lead water.."
  • WestSide Neighbor
    "My neighborhood is accessible to shopping centers and public transportation. I been in my area over 30+ years and I love it. "
  • Sharron C.
    "Sometimes a few schools and churches have community events for the family and a councilwoman has an annual block party on Littleton in the summer with lots of food and a bouncy house and stuff for the kids. "
  • Eduard F. Diaz
    "That their owners are not really responsible for their doggie waste. The neighborhood looks like a landfill because of the abandoned houses and is still flooded with gangs however they are police officers in squad cars patrolling the neighborhoods. "
  • Tristan P.
    "need to move soon this place in not safe someone tried to rob and shot at me on my own porch so im looking to move now"
  • Sharron C.
    "Bus is right down the block either way about a 30 min walk to train 10 min walk to supermarkets, laundry, Home Depot, etc. "
  • Blackhacker70
    "nice neighborhood has been changing over the years has potential new owners are coming in taking over old buildings and repairing them up to code"
  • Neika428
    "Terrible neighborhood, people do not take care of their property or even right in front of it! The street cleaning people do a horrible job and some days when they’re supposed to come they don’t. People are rude & nosey and very inconsiderate"
  • Latifahhuda
    " people in this community are very concerned about keeping crime down to a minimum but due to the lack of organization that keep kids off the streets kids seem to commit crimes for fun instead of doing something positive."
  • andrea t.
    "A lot of stores and close to downtown Newark massive shopping centers around you schools and grocery stores "
  • Desireeylove
    "Do NOT move here! This place is a crime-ridden, hot mess! Car jackings, armed robberies, shootings. You name it! "

LGBTQ Local Legal Protections

Benjamin Rodriguez, Keller Williams Village Square
Agent Phone: (201) 774-3680
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
488 S 12Th St, Newark, NJ 07103 is a 7 bedroom, 3 bathroom, 2,284 sqft multi-family built in 1940. 488 S 12Th St is located in West Side, Newark. This property is currently available for sale and was listed by GSMLS on Jun 10, 2026. The MLS # for this home is MLS# 4033505.