103-105 Parker Street Newark, NJ 07104
Listing Courtesy of: NJMLS / Coldwell Banker Realty / Kareisha Questel-Gordon

  103-105 Parker Street Newark, NJ 07104

Active (9 Days)
$749,000
5
BED
3
BATH
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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 #:
25009701
Taxes
$5,134
Lot Size
5,001 SQFT
Type
Multifamily
County
Essex County

Listed By

Kareisha Questel-Gordon, Coldwell Banker Realty
Source
NJMLS
Last checked Apr 3 2025 at 5:08 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Utility Information
  • Utilities: See Remarks
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 NJMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/3/25 10:08
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