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752 S 16th St

Newark City, NJ 07103
  • $449,000
  • STATUS: Active Under Contract
  • ON SITE: 110 Days
  • ID#: 3942399
Under Contract
UPDATED: 48 min ago
$449,000
  • 4
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,343
    SQFT
  • $192
    $/SQFT
Type:
Multi-Family
Built:
1913
County:
Area:

School Ratings & Info

Description

Price reduced! Nestled in the heart of Newark, a city brimming with renewed vitality, this 2343 SF two family home is an opportunity that combines convenience, investment potential, and accessible location. Newark is undergoing a transformative resurgence, emerging as a vibrant hub of arts, culture, and economic growth while maintaining the charm of urban living, offering the allure of city living without NYC's sky-high costs. Conveniently located near Newark Liberty International Airport, Newark Penn Station, and major transit and bus lines, this property is ideal for commuters seeking seamless connections to NYC and beyond.The world class Prudential Center, NJPAC, and the renowned Newark Museum of Art are minutes away, providing endless entertainment and cultural experiences. With Rutgers University, University Hospital, Audible and other major employers nearby, this located is well suited for the local workforce. This home features aluminum siding, open front porch, spacious 5 and 6 room apartments. It has newer boilers and water heaters, separate heat and utilities. Recently updated bath on second floor. This is your chance to invest in a property that offers just not a home but a stake in Newark's bright future.. Whether you are looking for a dual-income investment or a spacious HOME with rental income, this is your opportunity to be part of Newark's exciting transformation. **MULTIPLE OFFERS RECEIVED. HIGHEST, BEST & FINAL OFFERS ARE DUE BY 5:00PM ON 3/13/25**

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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 2025-05-12T16:46:47.637.
www.daunnorealty.com/homes/159631737
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752 S 16th St Newark City, NJ 07103

  • Price: $449,000
  • Status: Active Under Contract
  • On Site: 110 Days
  • Updated: 48 min ago
  • ID#: 3942399
4
Beds
2
Baths
0
½ Baths
0.06
Acres
2,343
SQFT
$192
$/SQFT
1913
Built
County:
Essex
Area:
Newark City
Property Description
Price reduced! Nestled in the heart of Newark, a city brimming with renewed vitality, this 2343 SF two family home is an opportunity that combines convenience, investment potential, and accessible location. Newark is undergoing a transformative resurgence, emerging as a vibrant hub of arts, culture, and economic growth while maintaining the charm of urban living, offering the allure of city living without NYC's sky-high costs. Conveniently located near Newark Liberty International Airport, Newark Penn Station, and major transit and bus lines, this property is ideal for commuters seeking seamless connections to NYC and beyond.The world class Prudential Center, NJPAC, and the renowned Newark Museum of Art are minutes away, providing endless entertainment and cultural experiences. With Rutgers University, University Hospital, Audible and other major employers nearby, this located is well suited for the local workforce. This home features aluminum siding, open front porch, spacious 5 and 6 room apartments. It has newer boilers and water heaters, separate heat and utilities. Recently updated bath on second floor. This is your chance to invest in a property that offers just not a home but a stake in Newark's bright future.. Whether you are looking for a dual-income investment or a spacious HOME with rental income, this is your opportunity to be part of Newark's exciting transformation. **MULTIPLE OFFERS RECEIVED. HIGHEST, BEST & FINAL OFFERS ARE DUE BY 5:00PM ON 3/13/25**
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Exterior Features Open Porch(es) Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Composition Shingle

Interior Features

Basement Yes Basement Description Full Cooling None Heating 2 Units Total Number Of Rooms 11 Unit1 Appliances Equipment Kitchen Exhaust FanRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 1172 Unit2 Appliances Equipment Kitchen Exhaust FanRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDenDining RoomEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 1271

Property Features

Assessment Total 136400 Building Assessment 105100 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 31300 Net Operating Income 0 Sewer Public Sewer Tax Amount 5187 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities Electric Water Well Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of ERA QUEEN CITY REALTY: 908-322-5454.


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 2025-05-12T16:46:47.637.
 
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206 Westfield Avenue
Clark NJ, 07066