103-105 Parker St
newark, NJ 07104$749,000
- 5 BR3 BA
INTERESTED? LET'S CONNECT
YOUR SEARCH ENDS HERE! Great for Investors and Developers! This rare two-family home with A BONUS studio in Newark's premier residential corridor offers both immediate income and incredible development potential. Fully occupied the property generates strong NOI, making it an ideal investment with bridge income during the entitlement process. With a three-car garage, additional driveway parking for up to 6 cars, and protected NYC skyline views, this property is a prime candidate for value-add improvements, long-term appreciation, or high-density redevelopment. Zoned R3 Multi-Family on a 50' x 100' lot, it sits in an area with variance potential. A rare find in a thriving, transit-oriented market!
Details
Other
$5,134 Annual Tax
MLS/Listing ID 25009701
Listing Courtesy of COLDWELL BANKER, MONTCLAIR, KAREISHA QUESTEL-GORDON - 609-516-6977
Source of Data: NEW JERSEY MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Douglas Elliman of NJ are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/09/2025.
Source: New Jersey Multiple Listing Service, Inc.
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