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Off market
    • $593,200

    507 S 16th St, Newark, NJ 07103

    7beds
    2,219sqft
    MultiFamily
    Built in 1911
    -- sqft lot
    $593,200 Zestimate®
    $267/sqft
    $2,308 Estimated rent

    Home value

    $593,200

    $540,000 - $647,000

    $2,308/mo

    Zestimate® history
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    $2,308/mo

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    What's special

    Great Investment 2- Family income producing property with an attic making it a 3 family unit for income purposes. (3b/r/ 3b/r / 1b/r). Unit 2 features an oversize master bedroom room with walk-in-closet and private bathroom. There are hardwood floors throughout. Property also features separate Broilers and water heater. Proximity to New York City transportation buses and train and minutes away from major highway I78/ Garden state parkway. (Please Stop Renting when you can own)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas
    Interior area
    • Total interior livable area: 2,219 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: 1400334000000064

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1911

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electric

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Parking/Driveway Description: Off-Street Parking
    • Fuel Type: Gas-Natural
    • Listing Type: Exclusive Right to Sell
    • Sewer: Public Sewer
    • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
    • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
    • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
    • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
    • Utilities: Electric
    • Water: Public Water
    • Construction Date/Year Built Des: Approximate
    • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
    • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Attic
    • Unit Style: 3-Three Story
    • Heating: 2 Units, Radiators - Hot Water
    • Lot Description: Level Lot
    • Unit 1 Appl/Equip: Range/Oven - Gas, Smoke Detector, Carbon Monoxide Detector
    • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
    • Unit 3 Appl/Equip: Range/Oven - Gas, Carbon Monoxide Detector
    • Exterior Description: Aluminum Siding
    • Town #: Newark City

    Price history

    DateEventPrice
    4/30/2019Sold$155,501-45.4%$70/sqft
    Source: Public Record Report a problem
    12/4/2018Listing removed$285,000$128/sqft
    Source: Coldwell Banker Residential Brokerage - Maplewood Office #3492152 Report a problem
    9/15/2018Price change$285,000-18.6%$128/sqft
    Source: Coldwell Banker Residential Brokerage - Maplewood Office #3492152 Report a problem
    8/3/2018Price change$350,000+22.8%$158/sqft
    Source: Coldwell Banker Residential Brokerage - Maplewood Office #3492152 Report a problem
    7/19/2018Listed for sale$285,000+65.3%$128/sqft
    Source: Coldwell Banker Residential Brokerage - Maplewood Office #3492152 Report a problem
    5/2/2018Listing removed$172,370+37.9%$78/sqft
    Source: Auction.com Report a problem
    3/8/2018Pending sale$125,000$56/sqft
    Source: JEANIUS REALTY #3427173 Report a problem
    2/10/2018Price change$125,000-51.9%$56/sqft
    Source: JEANIUS REALTY #3427173 Report a problem
    1/24/2018Listed for sale$260,000+20.9%$117/sqft
    Source: JEANIUS REALTY #3427173 Report a problem
    4/18/2016Listing removed$1,100
    Source: Weichert Realtors #3276017 Report a problem
    1/18/2016Listed for rent$1,100-8.3%
    Source: Weichert Realtors #3276017 Report a problem
    1/22/2014Sold$215,000+696.3%$97/sqft
    Source: GSMLS #2938316 Report a problem
    1/31/2013Listing removed$1,200$1/sqft
    Source: HotPads for Rent Report a problem
    1/21/2013Listed for rent$1,200$1/sqft
    Source: Hotpads for Rent Report a problem
    11/7/2011Sold$27,000+134.8%$12/sqft
    Source: Public Record Report a problem
    10/1/2010Sold$11,500-96.3%$5/sqft
    Source: Public Record Report a problem
    8/8/2006Sold$310,000+67.6%$140/sqft
    Source: Public Record Report a problem
    11/18/2004Sold$185,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,782 +5.2%$194,600
    2024$7,401 +0.1%$194,600
    2023$7,395 $194,600
    2022$7,395 $194,600
    2021$7,395 +1%$194,600
    2020$7,319 +37.4%$194,600
    2019$5,325 $194,600
    2018$5,325 -20.5%$194,600
    2017$6,694 +4%$194,600
    2016$6,439 +6.7%$194,600
    2015$6,035 +5%$194,600
    2014$5,747 +88.7%$194,600 +112.7%
    2012$3,045 +4.7%$91,500
    2011$2,910 +16.1%$91,500
    2010$2,506 +5.4%$91,500
    2009$2,378 +4.4%$91,500
    2008$2,278 $91,500
    2007$2,278 $91,500
    2006-- $91,500
    2005-- $91,500
    2004$1,976 $91,500
    2003-- $91,500 +763.2%
    2002-- $10,600
    2001-- $10,600

    Find assessor info on the county website

    Neighborhood: West Side

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    Estimated market value
    $593,200
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    Estimated market value
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