14-16 Hazel Pl, Newark City, NJ 07108
14-16 Hazel Pl, Newark City, NJ 07108
14-16 Hazel Pl, Newark City, NJ 07108
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$898,000
Est. payment /mo
8 Beds
4 Baths
5,662 Sqft Lot
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Open House

Sat May 23, 3:00pm - 5:00pm

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4012834

Style Fourplex, See Remarks

Bedrooms 8

Full Baths 4

Year Built 1922

Annual Tax Amount $10,797

Tax Year 2025

Lot Size 5,662 Sqft

Property Description

Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors.Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use.Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling 4+ Units, Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Gas-Natural

Roof Type Flat

Building

Sewer Public Available

Water Public Water

Architectural Style Fourplex, See Remarks

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by RE/MAX PROFESSIONALS I

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14-16 Hazel Pl