Rare opportunity to acquire an exclusive portfolio of 5 side by side brick brownstones located on S 12th St in the heart of Newark, NJ. This premier investment package includes 31, 31.5, 33, 33.5, and 37 S 12th St, totaling 11 units across 5 properties offering 27 bedrooms and 15 bathrooms, all updated in 2025. All units are currently tenant occupied and generating consistent rental income from day one, making this a true income-producing portfolio acquisition with low combined 2025 taxes. Situated on an R4 zone, this portfolio presents an exceptional future development opportunity for the visionary investor looking to maximize long-term value while collecting immediate cash flow. Whether you are a seasoned investor looking to expand your portfolio or a developer seeking a strategic land position in one of Newark's most active markets, this package checks every box. Perfectly situated with easy access to major highways and NJ Transit for a seamless commute to NYC. Each property can also be purchased individually. Opportunities like this do not last. Schedule your showing today.
1,306.8 Sq Ft Lot Size
commercial
$325 Monthly Tax
Built in 1920
MLS/Listing ID 4042502
Public Water
TOTAL MONTHLY COST
$0
$0
$0