NJ > Newark City > North
Newark City, NJ 07104,103 Parker St
Newark City, NJ 07104,103 Parker St
Newark City, NJ 07104,103 Parker St
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$749,000
Est. payment /mo
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5 Beds
3 Baths
1,974 SqFt
New

103 Parker St Newark City, NJ 07104

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Joseph Resciniti

Joseph Resciniti

+1(732) 547-1572

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,974 sqft

Price per Sqft $379

Subdivision North

MLS Listing ID 3953196

Style 2-Two Story, Duplex-Side by Side

Bedrooms 5

Full Baths 3

Year Built 1857

Annual Tax Amount $5,134

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

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!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Attached Garage

Garage Spaces 3.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Duplex-Side by Side

Schools

Elementary Schools Branch Brk

Middle Schools Newton

High Schools Barringer

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

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agent

Joseph Resciniti

Broker Associate | NJ Lic#NJ-Lic#2183769*PA-Lic#AB069463

+1(732) 547-1572

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103 Parker St