$8,016 Closing Credit¹
#25017198, Kareisha Questel-Gordon, Listing office: Coldwell Banker, Montclair
$674,999 List price
103 Parker St Newark City, NJ 07104
$8,016
Closing credit¹
5 beds
3 full
0.1 acres
Multi-Family
Property details
About 103 Parker St
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!
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.11 Acres
Year built1857
ParkingBlacktop, Driveway-Exclusive, Attached Garage
MLS #3964448
Attached garage3 spaces
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator
- Basement: Yes
- Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Blacktop, Driveway-Exclusive, Attached Garage
- Exterior: Deck, Partially Fenced, Patio, Sidewalk, Thermal Windows/Doors
- Architectural Style: 2-Two Story, Duplex-Side by Side
- Heating: Natural Gas
- List Price: $674,999
- Lot: Level
- Directions: Park to Parker
- Year Built: 1857
- Lot Size: 0.11 Acres
- MLS Number: 3964448
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (609) 516-6977
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Last updated on: 6/5/2025, 12:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$674,999
103 Parker St
$8,016
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Franklin Elementary School
Public District PK-4
0.2 mi
•42 Park Ave
4
Roberto Clemente Elementary School
Public District PK-4
0.5 mi
•257 Summer Ave
3
Roseville Community Charter School
Public Charter KG-4
0.8 mi
•540 Orange St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,675. Typical income of Newark City, NJ residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
41%
35k-100k
24%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 103 Parker St
The listing price of 103 Parker St property is $674,999.
The property 103 Parker St is a multi located in Newark City, New Jersey, 07104.
Active Listing: 103 Parker St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 103 Parker St are: Franklin Elementary School (GreatSchools Rating 4/10), Roberto Clemente Elementary School (GreatSchools Rating 4/10), Roseville Community Charter School (GreatSchools Rating 3/10), McKinley Elementary School (GreatSchools Rating 2/10), Dr. Alma Flagg Elementary School (GreatSchools Rating 2/10), Dr. WIlliam Horton Elementary School (GreatSchools Rating 2/10), Barringer High School (GreatSchools Rating 1/10), Technology High School (GreatSchools Rating 8/10), Essex County Donald M. Payne Sr. School of Technology (GreatSchools Rating 6/10).
The year of construction for 103 Parker St is 1857.
This home is located at 103 Parker St in Newark City, NJ and zip code 07104 in the North Ward neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $674,999.
The number of homes for sale in Newark City, NJ increased by 20.2% between April and May 2025. In May 2025, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $487,177.
From Rocket Homes Real Estate and based on county public records data.