103-105 Parker Street
Newark, NJ 07104
- 5 beds
- 3 baths
- – on site
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!
Last checked:
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Last updated May 21, 2025
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MLS# 25017198 —
Interior
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Laundry:None
Taxes
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Taxes:5134
Beds
-
Bedrooms:5
Baths
-
Total Baths:3
-
Full Baths:3
The Listing
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Flood Plain:None
Utilities
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Utilities:O/See Rmks
Parking
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# of Garage Spaces:3
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# of Non-Garage Spaces:6
Listing Agent
- Contact info:
- Agent phone:
- (609) 516-6977
- Office phone:
- (973) 233-2300
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/21/25
May 21, 2025
|
Listed / Active | NJMLS | $674,999 |