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!
Active
$749,000
103 Parker St, Newark City, NJ 07104
5beds
1,974sqft
Est.:
Multi Family
Built in 1857
-- sqft lot
$750,300 Zestimate®
$379/sqft
$-- HOA
What's special
Three-car garageProtected nyc skyline views
- 42 days
- on Zillow |
- 80 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 07:00am
Listed by:
Kareisha Questel-gordon 609-516-6977,
Coldwell Banker Realty
Source: GSMLS,MLS#: 3953196

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard - Hotwater, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Refrigerator, Range/Oven - Electric, Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living/Dining Room, Pantry, Master Bedroom, Storage, Eat-In Kitchen, Living Room
- Flooring: Tile
- Windows: Thermal Windows/Doors
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,974
- Total interior livable area: 1,974 sqft
Property
Parking
- Total spaces: 6
- Parking features: Asphalt, Driveway-Exclusive, Attached Garage
- Attached garage spaces: 3
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Sidewalk
- Fencing: Partial
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 50 x 100
- Features: Level
Details
- Parcel number: 1614004930000000600000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1857
- Major remodel year: 2020
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Garbage Included
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
- Subdivision: North
Location
- Region: Newark
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $135,000
- Annual tax amount: $5,134
- Date on market: 3/26/2025
- Exclusions: PERSONAL PROPERTY
- Total actual rent: 3602
- Electric utility on property: Yes
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