NEW CONSTRUCTION 3-family 162 South 12th Street, Newark, NJNow active Legal 3-family Tax Abatement Eligible NACA & VA buyer FriendlyStep into Ownership and opportunity with this brand-new, legal 3-family home in one of Newark's most active growth corridors. This newly constructed property is the ideal match for first-time buyers, investors, or veterans looking to build long-term wealth through real estate.With a smart layout across all three units, this home features 8 generously sized bedrooms, 5 full bathrooms, and a bonus office/flex space perfect for remote work or added functionality. Each unit includes open-concept living areas, nicely sized bedrooms, laundry hookups, and separate utilities for easy management.A 3-car garage and additional driveway parking add rare and valuable off-street convenience.*This property qualifies for Newark's 5-Year Tax Abatement, reducing operating expenses and increasing cash flow an incredible advantage for investors and Owner-occupants alike.*perfect for buyers using NACA's no-money-down program or VA benefits this home combines affordability with strong income potential.*Just minutes from downtown Newark, transit, universities, and redevelopment zones this location is set for appreciation and high rental demand.*Final stages of construction underway*Appraisal on file*Schedule your private tour today before it hits the radar of every serious buyer in the area.
Listing Courtesy of GARDEN STATE MLS - IDX / Coldwell Banker Realty / Simone Jelks-Bandison
$890,000 (USD)
Newark Area Multi-Family Home
Pending
162 S 12th Street Newark, NJ 07107
8 Bed
5 Baths
sqft
MLS# 25028266
NEW CONSTRUCTION 3-FAMILY 162 South 12th Street, Newark, NJNow Active Legal 3-Family Tax Abatement Eligible NACA & VA Buyer FriendlyStep into ownership and opportunity with this brand-new, legal 3-family home in one of Newark's most active growth corridors. This newly constructed property is the ideal match for first-time buyers, investors, multigenerational households, or veterans looking to build long-term wealth through real estate.With a smart layout across all three units, this home features 8 generously sized bedrooms, 5 full bathrooms, and a bonus office/flex space perfect for remote work or added functionality. Each unit includes open-concept living areas, nicely sized bedrooms, laundry hookups, and separate utilities for easy management.A 3-car garage and additional driveway parking add rare and valuable off-street convenience.*This property qualifies for Newark's 5-Year Tax Abatement, reducing operating expenses and increasing cash flow an incredible advantage for investors and owner-occupants alike.*Perfect for buyers using NACA's no-money-down program or VA benefits this home combines affordability with strong income potential.*Just minutes from downtown Newark, transit, universities, and redevelopment zones this location is set for appreciation and high rental demand.*Final stages of construction underway*Appraisal on file*Schedule your private tour today before it hits the radar of every serious buyer in the area.
Be the first to live in this newly constructed 3-bedroom, 2-bath Unit 2 at 121 Osborne Ter. This sun-filled second-floor home offers a spacious open-concept layout with high/vaulted ceilings, recessed lighting, and gleaming hardwood floors throughout. The designer kitchen is loaded with upgrades oversized island with abundant storage, quartz counters, custom cabinetry, French door refrigerator, gas range, built-in microwave, and dishwasher. Enjoy the convenience of in-unit washer/dryer plus central heat and A/C. The primary suite features a private ensuite bath and a true walk-in closet. Both bathrooms feel like a spa, featuring bold tilework, LED backlit mirror, glass-enclosed shower, and modern gold-toned fixtures. Generous additional bedrooms and backyard access complete the package. A must-see new construction rental schedule your private tour today!
Listing Courtesy of GARDEN STATE MLS - IDX / Coldwell Banker Realty / Simone Jelks-Bandison