--- title: "427-429 North 12th, Newark, NJ 07107" description: "427-429 North 12th, Newark, NJ 07107 — Newark, ESSEX, NJ. Listing Price $799000. 5 bed, 6 bath Illustrative Buyer Commission Share of $11,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newjersey/newark/07107/427-429-north-12th-nj-07107" source: "Real Estate Rebate Team" status: "Active" --- # 427-429 North 12th, Newark, NJ 07107 Newark, ESSEX, NJ Courtesy of RE/MAX 1st Advantage ## At a Glance - **Listing Price**: $799000 - **Beds**: 5 - **Baths**: 6 - **Monthly Taxes**: $693 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $799,000 - **Illustrative Buyer Commission Share**: -$11,985* - **Illustrative Net Cost**: $787,015 *Illustrative Buyer Savings of $11,985 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![427-429 North 12th, Newark, NJ 07107 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17531e23-aea4-4097-a10e-cc8487d258da.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/382a0870-9148-4163-a91d-557e2694f204.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c7daf04d-1ae4-4623-9481-5da4307d789e.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/143fc626-483e-4878-b4ee-6b0d27ea2999.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e8e11407-d121-48fa-ab7f-f3e58ab74bea.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b1e38e3e-37de-46db-983e-75559b38b42e.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c8ec551-23d3-470c-9766-75ec99eab4a8.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b2333a1-ca21-47b0-8555-049152a6969b.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5f8026bf-bd86-4681-8781-77d6a23ee022.JPG) ![427-429 North 12th, Newark, NJ 07107 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dfae2645-7a17-4451-94d3-f4b0f9f622f3.JPG) ## Property Overview Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a full bath and bonus room. Adjacent living space holds another full bath two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY! ## Property Details - **Property Type**: 4 Family - **Beds**: 5 - **Baths**: 6 - **Monthly Taxes**: $693 / mo - **Listed On**: Mar 26, 2026 - **Days on Market**: 170 Days ## Estimated Monthly Payment **$4,734 / month**, assuming a 20% down payment ($159,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,040 - **Property Taxes**: $693 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Newark City Explore more real estate and insights about Newark City. [Explore Newark City](https://realestaterebatesnewyork.com/neighborhoods/nj/essex/newark-city) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Related Links - [Newark City neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/nj/essex/newark-city) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RLS Data display by Real Estate Rebate Team LLC. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.