14-16 Hazel Pl | Newark City

$898,000 | 8 Beds (4 Full)

Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors.Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use.Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market. GSMLS 4012834

Directions to property: W Runyon St. to Hazel Pl

MLS Listing ID: 
GSMLS 4012834
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Architectural Style: 
Fourplex
Year Built: 
1922
New Construction: 
0
Basement: 
Finished
Interior: 
Bedrooms, Kitchen, See Remarks
Construction
Roof: 
Flat
Exterior: 
Aluminum Siding
DisabilityFeatures: 
No
Energy Information: 
Gas-Natural
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
12
Total Bedrooms: 
8
Total Bathrooms: 
0
Total Full-Bathrooms: 
4
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
4+ Units, Wall A/C Unit(s)
Water Source: 
Public Water
Sewer: 
Public Available
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.13
Waterfront: 
0
Lot Features
Driveway: 
Additional Parking, Concrete, Driveway-Exclusive, Off-Street Parking
Parking Type: 
Additional Parking, Concrete, Driveway-Exclusive, Off-Street Parking
Total Parking Spaces: 
4
Pool: 
No
Fence: 
No
Public Record
Parcel Number: 
1614-03027-0000-00048-0000-
Lot Number: 
48
Annual Tax: 
$10,797.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/5/2026
Contract Details
Details about the listing contract.
Inclusions: 
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX PROFESSIONALS I