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513 S 16Th St , #2

Newark City, NJ 07103
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 30 Days
  • ID#: 3958111
Under Contract
UPDATED: 225 min ago
$699,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1911
County:
Area:

School Ratings & Info

Description

Fully renovated in 2024, this two-family home is the perfect blend of luxury living and income potential! Each unit features 3 bedrooms, including a primary suite with its own full bath, plus a second full bathroom. Unit 1 includes private access to a finished basement ideal for entertaining. Unit 2 boasts a spacious finished attic with three large closets, perfect as a bonus room or rec space. Enjoy modern finishes throughout, including stainless steel appliances (refrigerator, dishwasher, gas range, microwave) and central air conditioning. With ample street parking and a location just steps from city transportation and major highways, convenience is unmatched. Live in one unit and rent the other or rent both and maximize your investment!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-22T23:46:15.997.
www.daunnorealty.com/homes/162838498
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513 S 16Th St , #2 Newark City, NJ 07103

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 30 Days
  • Updated: 225 min ago
  • ID#: 3958111
6
Beds
4
Baths
0
½ Baths
0.06
Acres
1911
Built
County:
Essex
Area:
Newark City
Property Description
Fully renovated in 2024, this two-family home is the perfect blend of luxury living and income potential! Each unit features 3 bedrooms, including a primary suite with its own full bath, plus a second full bathroom. Unit 1 includes private access to a finished basement ideal for entertaining. Unit 2 boasts a spacious finished attic with three large closets, perfect as a bonus room or rec space. Enjoy modern finishes throughout, including stainless steel appliances (refrigerator, dishwasher, gas range, microwave) and central air conditioning. With ample street parking and a location just steps from city transportation and major highways, convenience is unmatched. Live in one unit and rent the other or rent both and maximize your investment!
Exterior Features

Approximate Lot Size 25X100 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Central Air Heating Forced Hot Air Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLaundry RoomLiving/Dining RoomPorchMaster Bedroom Unit1 Rooms 5 Unit1 Security Deposit 2500 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description AtticBedroomsKitchenLaundry RoomLiving/Dining RoomMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 0

Property Features

Assessment Total 314300 Building Assessment 283000 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 31300 Net Operating Income 0 Renovated Year 2023 Sewer Public Sewer Tax Amount 4993 Tax Rate Amount 4.993 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2575 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 3000 Unit2 Security Deposit 2750 Utilities ElectricGas-Natural Water Public Water Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-783-3622.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-22T23:46:15.997.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066