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  • $799,900

    478 S 16Th St, Newark City, NJ 07103

    6beds
    --sqft
    : 
    $5,811/mo
    Get pre-qualified
    Multi Family
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Welcome to this beautifully designed newer-construction two-family home, offering two spacious three-bedroom, two-bathroom apartments with inviting layouts and quality finishes throughout. Each unit features comfortable living spaces, well-appointed kitchens, updated bathrooms, and plenty of natural light. The fully finished ground level offers additional versatile space with a full bathroom and a separate entrance, providing added functionality and flexibility. Conveniently located near public transportation to New York City, shopping, dining, and major roadways, this property combines modern exterior design with comfortable interiors and everyday convenience. Whether you're looking for a multi-family home to live in while generating rental income or an investment property with great potential, this is an opportunity worth exploring.
    5 days
    131
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Julian Velasquez 973-450-4000,

    Re/Max Professionals I

    Source: GSMLS,MLS#: 4056047MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • 3 Units, Forced Air, Heat Pump, Natural Gas
      Cooling
      • 3 Units, Central Air, Ductless Split AC
      Appliances
      • Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Washer/Dryer Stacked, Microwave Oven, Stackable Washer/Dryer, Electric Water Heater, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Walk-In Closet(s), Eat-in Kitchen, Living Room, Master Bedroom, Utility Room, Bedrooms, Eat-In Kitchen
      • Flooring: Vinyl-Linoleum Floors, Wood
      • Basement: Yes,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Car Width, Attached Garage
      • Attached garage spaces: 1
      • Uncovered spaces: 1
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 1614003280000000360000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Flat
      Condition
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $412,400
      • Annual tax amount: $9,895
      • Date on market: 10/4/2026
      • Total actual rent: 2600
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/30/2026Listed for sale$799,900+29.6%
        Source: NJMLS #26037196 Report a problem
        4/17/2023Sold$617,000+6070%
        Source: Public Record Report a problem
        4/24/2019Sold$10,000-49.7%
        Source: Public Record Report a problem
        2/9/2014Listing removed$19,900
        Source: SellState Property Solutions #3066952 Report a problem
        11/23/2013Pending sale$19,900
        Source: SellState Property Solutions #3066952 Report a problem
        10/12/2013Price change$19,900-43%
        Source: SellState Property Solutions #3066952 Report a problem
        8/16/2013Price change$34,900-12.5%
        Source: SellState Property Solutions #3066952 Report a problem
        2/21/2013Listed for sale$39,900-46.8%
        Source: SellState Property Solutions #2999706 Report a problem
        8/9/2002Sold$75,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,492 +5.2%$412,400
        2024$15,684 +1241.2%$412,400 +1217.6%
        2023$1,169 -76.2%$31,300
        2022$4,917 $31,300 -75.8%
        2021$4,917 +1%$129,400
        2020$4,867 $129,400
        2019-- $129,400
        2018-- $129,400
        2017-- $129,400
        2016$4,282 +6.7%$129,400
        2015$4,013 +5%$129,400
        2014$3,821 +30.4%$129,400
        2013$2,931 +3.7%$129,400 +52.4%
        2012$2,825 +4.7%$84,900
        2011$2,700 +16.1%$84,900
        2010$2,325 +5.4%$84,900
        2009$2,207 +4.4%$84,900
        2008$2,114 $84,900
        2007$2,114 $84,900
        2006-- $84,900
        2005-- $84,900
        2004$1,834 $84,900
        2003-- $84,900 +864.8%
        2002-- $8,800
        2001-- $8,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: West Side

        Getting around

        71 / 100
        Very Walkable
        62 / 100
        Good Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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