1. New Jersey
2. Newark
3. 103-105 Parker Street

103-105 Parker Street, Newark, NJ 07104

• 5 beds |
• 3 baths

Property 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!

Listing Status:

Active

Date Added:

May 21, 2025 at 05:00AM

Listing Office:

Coldwell Banker, Upper Montclair : 973-233-2300

Listing Agent:

Kareisha Questel-Gordon : 609-516-6977

MLS ID:

25017198

Interior

• Rooms: 12
• Laundry: None

Location

Utilities

This listing courtesy of Kareisha Questel-Gordon, Coldwell Banker, Upper Montclair