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Off market
  • $700,700

    12 Willoughby St, Newark, NJ 07112

    8beds
    3,195sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $700,700 Zestimate®
    $219/sqft
    $2,375 Estimated rent

    Home value

    $700,700

    $645,000 - $757,000

    $2,375/mo

    Zestimate® history
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    Owner options

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    $4,841/mo

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    $4,841/mo

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    What's special

    Excellent opportunity to own a great 3 family house completely renovated in a very upcoming neighborhood close to transportation and easy access to all major routes making it ideal for commuters.This property features new windows, new Siding, new Plumbing, New Electricity , New Floors, new bath, new Kitchen. It also has separate utilities with a New Boiler and Water Heaters. Second and 3rd Floor have efficient Electric baseboards. Great size backyard as well.This is a high demand rental area with many people applying for the 1st floor apartment .The owner decided not to rent it for the purpose of selling it and making it easy to show. With the great taxes this property commands its easy to understand this is a cash cow with an 11% cap rate and with the market quickly improving in Newark you should check it out before is gone.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Interior area
    • Total interior livable area: 3,195 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Wood
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: 140304800000100037

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electric

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Heating: 3 Units
    • Fuel Type: Gas-Natural
    • Listing Type: Exclusive Right to Sell
    • Sewer: Public Sewer
    • Unit 1 Appl/Equip: CarbMDet, SmokeDet, RgOvGas, CookGas
    • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Owner Pays Water
    • Unit 1 Room Description: Bedrooms, Kitchen, Family Room
    • Unit 2 Appl/Equip: CarbMDet, SmokeDet, RgOvGas, CookGas
    • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Owner Pays Water
    • Unit 2 Room Description: Bedrooms, Kitchen, Family Room
    • Utilities: Electric
    • Unit 3 Appl/Equip: CarbMDet, SmokeDet, RgOvGas, CookGas
    • Water: Public Water
    • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Owner Pays Water
    • Unit 3 Room Description: Bedrooms, Kitchen, Family Room
    • Cooling: Window A/C(s), 3 Units
    • Unit Style: 3-Three Story
    • Construction Date/Year Built Des: Renovated
    • Garage Description: On-Street Parking
    • Town #: 1614
    • Exterior Description: Aluminum Siding

    Price history

    DateEventPrice
    7/23/2018Sold$320,000-1.5%$100/sqft
    Source: GSMLS #3461182
    4/14/2018Price change$325,000-4.4%$102/sqft
    Source: Better Homes and Gardens Rand Realty #3461182
    3/12/2018Price change$340,000-2.9%$106/sqft
    Source: United Real Estate North Jersey Luxury #1745438
    1/19/2018Price change$350,000-2.8%$110/sqft
    Source: United Real Estate #1745438
    11/18/2017Listed for sale$360,000+361.5%$113/sqft
    Source: United Real Estate #1745438

    Public tax history

    YearProperty taxesTax assessment
    2025$8,245 $216,800
    2024$8,245 +1.8%$216,800
    2023$8,100 -10%$216,800

    Find assessor info on the county website

    Neighborhood: Weequahic

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $700,700

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $700,700