$675,000

874 S 16Th St, Newark City, NJ 07108

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1906
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Welcome to this fully renovated, income-producing three-family home located at 874-876 S 16th St. This expansive property offers the perfect combination of modern upgrades, functional layouts, and strong investment potential.The first-floor unit features a well-designed 3-bedroom, 1-bath layout with updated finishes and a seamless flow between living and dining areas. The second-floor unit offers a spacious 3-bedroom, 2-bath configuration, highlighted by a primary suite with a private en-suite bathroom and walk-in closet ideal for owner-occupants or premium rental income. The third-floor unit includes a 1-bedroom, 1-bath apartment, currently rented at $1,800/month on a month-to-month basis, providing immediate income with flexibility.The property also includes a private driveway with ample parking in the rear, a highly desirable feature in Newark.Conveniently located near major transportation routes such as the Garden State Parkway, Interstate 280, and the New Jersey Turnpike, as well as public transit through NJ Transit, this property offers excellent accessibility. Nearby West Side Park provides convenient access to outdoor recreation.An exceptional opportunity for both investors and owner-occupants seeking a turnkey, high-performing asset in a prime location.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 4:40AM
Listing Office:
REALTY OF AMERICA : 833-256-4244
MLS ID:
4017284
  • Basement: Unfinished
  • A/C: See Remarks
  • Heating: Baseboard - HotwaterGas-Natural
  • General: Aluminum Siding
  • Parking: Parking spaces: 2
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: Blacktop
  • Zoning: 1614-03011-0000-00074-0000-
  • Utilities: All Underground
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of REALTY OF AMERICA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hawthorne Avenue Elementary School

428 Hawthorne Ave, Newark, NJ, 07112

Grades KG-8

0.46 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.27 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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