About 14-16 Hazel Place
Fully renovated 2025 four-family income-producing property located at 14-16 Hazel Pl in Newark, NJ. This turnkey asset offers strong upside rental income potential in a high-demand Essex County rental market. The building features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide operational efficiency and added value for investors. Current rents allow for significant future income growth, creating an excellent value-add opportunity with long-term appreciation potential. Property also includes a large, clean, finished basement offering additional usable space for storage or common area use. Conveniently located near public transportation, major highways, shopping, and local amenities. Rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in an established Newark rental corridor.
Features of 14-16 Hazel Place
| MLS® # | 26007239 |
|---|---|
| Price | $899,900 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Type | 2-4 Family |
| Style | Other |
| Status | Active |
Community Information
| Address | 14-16 Hazel Place |
|---|---|
| City | Newark |
| County | ESSEX |
| State | NJ |
| Zip Code | 07108 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sep Heat |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | March 5th, 2026 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |