Under contract

$575,000

482 S 16Th St, Newark City, NJ 07103

9beds

--sqft

$4,176/mo

Get pre-qualified

Multi Family

Built in 1950

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious 2 family investment opportunity with bonus 3rd floor. First-floor unit offers 4 bedrooms and 1 full bath. Second-floor unit features 4 bedrooms and 1 full bath. Third-floor unit includes 1 bedroom and 1 full bath. Separate utilities for each unit. Property offers great income potential and is ready for your finishing touches. Features include a full basement, private yard, and convenient location near public transportation, schools, shopping, parks, and major highways. Being sold as is. Conventional or Cash offers.

65 days
181
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Heating

2 Units, Natural Gas

Cooling

Wall Unit(s)

Appliances

Included: Gas Water Heater

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614003280000000340000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1950
Major remodel year: 2022

Utilities & green energy

Gas: Gas In Street
Sewer: Public Available
Water: Public
Utilities for property: Gas In Street

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $173,900
Annual tax amount: $6,954
Date on market: 8/7/2026
Total actual rent: 1500
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/29/2026	Pending sale	$575,000
Source: GSMLS #4044344 Report a problem
8/5/2026	Listed for sale	$575,000+71.6%
Source: NJMLS #26029450 Report a problem
6/30/2023	Listing removed	--
Source: GSMLS #3672841 Report a problem
6/29/2021	Sold	$335,000+11.7%
Source: GSMLS #3672841 Report a problem
12/31/2020	Listed for sale	$299,999
Source: KELLER WILLIAMS - NJ METRO GROUP #3672841 Report a problem
10/28/2020	Pending sale	$299,999
Source: KELLER WILLIAMS - NJ METRO GROUP #3672841 Report a problem
10/19/2020	Price change	$299,999+0%
Source: KELLER WILLIAMS - NJ METRO GROUP #3672841 Report a problem
10/8/2020	Listed for sale	$299,900
Source: KELLER WILLIAMS - NJ METRO GROUP #3656943 Report a problem
9/2/2020	Pending sale	$299,900
Source: KELLER WILLIAMS - NJ METRO GROUP #3656943 Report a problem
8/17/2020	Listed for sale	$299,900+1010.7%
Source: KELLER WILLIAMS - NJ METRO GROUP #3656943 Report a problem
3/16/2018	Listing removed	$1,200
Source: NJZ Capital Management Report a problem
11/20/2017	Listed for rent	$1,200
Source: NJZ Capital Management Report a problem
9/17/2010	Sold	$27,000+125%
Source: Public Record Report a problem
7/25/2010	Listed for sale	$12,000-25%
Source: isNowListed.com Report a problem
4/17/2010	Listing removed	$16,000
Source: foreclosure.com Report a problem
4/14/2010	Price change	$16,000-78.7%
Source: foreclosure.com Report a problem
2/21/2010	Listed for sale	$75,000+368.8%
Source: Prime Realty Investors Inc. Report a problem
12/25/2009	Listing removed	$16,000
Source: foreclosure.com Report a problem
12/21/2009	Price change	$16,000-78.7%
Source: foreclosure.com Report a problem
8/20/2009	Price change	$75,000+70.5%
Source: Prime Realty Investors Inc. Report a problem
7/20/2009	Listed for sale	$44,000
Source: foreclosure.com Report a problem
4/4/2009	Listing removed	$44,000
Source: foreclosure.com Report a problem
4/1/2009	Listed for sale	$44,000-44.4%
Source: foreclosure.com Report a problem
12/23/2008	Listing removed	$79,200
Source: foreclosure.com Report a problem
11/24/2008	Price change	$79,200-10%
Source: foreclosure.com Report a problem
11/5/2008	Listed for sale	$88,000-71.6%
Source: foreclosure.com Report a problem
9/27/2005	Sold	$310,000+588.9%
Source: Public Record Report a problem
6/28/2001	Sold	$45,000+181.3%
Source: Public Record Report a problem
5/14/1996	Sold	$16,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,954 +5.2%	$173,900
2024	$6,613 +0.1%	$173,900
2023	$6,608	$173,900
2022	$6,608	$173,900
2021	$6,608 +1%	$173,900
2020	$6,540 +103.7%	$173,900
2019	$3,211	$173,900
2018	$3,211 -46.3%	$173,900
2017	$5,982 +4%	$173,900
2016	$5,754 +6.7%	$173,900
2015	$5,393 +5%	$173,900
2014	$5,135 +23%	$173,900 +38.6%
2012	$4,177 +4.7%	$125,500
2011	$3,991 +16.1%	$125,500
2010	$3,437 +5.4%	$125,500
2009	$3,262 +4.4%	$125,500
2008	$3,125	$125,500
2007	$3,125	$125,500
2006	--	$125,500
2005	--	$125,500
2004	$2,711	$125,500
2003	--	$125,500 +1000.9%
2002	--	$11,400
2001	--	$11,400