103 Parker St Newark City, NJ 07104
Listing Courtesy of: GARDEN STATE MLS - IDX / Coldwell Banker Realty / Kareisha Questel-Gordon - Contact:  609-516-6977

  103 Parker St Newark City, NJ 07104

Active (8 Days)
$749,000
5
BED
3
BATH

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!

MLS #:
3953196
Taxes
$5,134(2024)
Lot Size
4,792 SQFT
Type
Multifamily
Year Built
1857
County
Essex County

Listed By

Kareisha Questel-Gordon, Coldwell Banker Realty, Contact: 609-516-6977
Source
GARDEN STATE MLS - IDX
Last checked Apr 3 2025 at 8:15 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Carbon Monoxide Detector
  • Fire Extinguisher
  • Smoke Detector
  • Tile Floors
Subdivision
  • North
Lot Information
  • Level Lot
Heating and Cooling
  • Baseboard - Hotwater
  • Window A/C(s)
Basement Information
  • Unfinished
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Gas-Natural, Public Water, Electric
  • Sewer: Public Sewer
  • Fuel: Gas-Natural
School Information
  • Elementary School: Branch Brk
  • Middle School: Newton
  • High School: Barringer
Garage
  • Attached Garage
Parking
  • Driveway-Exclusive
  • Blacktop
Additional Information: Montclair | 609-516-6977
Location
   
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