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Off market
  • $590,600

    511 S 16th St, Newark, NJ 07103

    7beds
    3baths
    2,247sqft
    MultiFamily
    Built in 1911
    -- sqft lot
    $590,600 Zestimate®
    $263/sqft
    $2,306 Estimated rent

    Home value

    $590,600

    $549,000 - $632,000

    $2,306/mo

    Zestimate® history
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    Owner options

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    $2,306/mo

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    $2,306/mo

    Rent Zestimate®

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    $4,166/mo

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    $4,166/mo

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    What's special

    ATTENTION ALL CASH INVESTORS, PERFECT BUY AND HOLD FOR RENTAL INCOME! Property has fire damage and is deemed unsafe. Huge legal 3 family home that needs Full Rehab and Gut.

    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
    Features
    • Basement: Yes
    Interior area
    • Total interior livable area: 2,247 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 2,500 sqft
    Details
    • Parcel number: 1400334000000024

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: See Remarks

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Basement Description: Unfinished
    • Basement: Yes
    • Fuel Type: Gas-Natural
    • Listing Type: Exclusive Right to Sell
    • Sewer: Public Sewer
    • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
    • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
    • Roof Description: Asphalt Shingle
    • Unit 1 Owner/Tenant Pays: Owner Pays Water, Owner Pays Electric, Owner Pays Gas, Owner Pays Heat
    • Unit 2 Owner/Tenant Pays: Owner Pays Water, Owner Pays Heat, Owner Pays Gas, Owner Pays Electric
    • Water: Public Water
    • Unit 3 Owner/Tenant Pays: Owner Pays Water, Owner Pays Heat, Owner Pays Electric, Owner Pays Gas
    • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room
    • Unit Style: 3-Three Story, Fixer Upper
    • Parking/Driveway Description: On-Street Parking
    • Garage Description: On-Street Parking
    • Unit 1 Appl/Equip: See Remarks
    • Cooling: See Remarks
    • Utilities: See Remarks
    • Unit 3 Appl/Equip: See Remarks
    • Heating: See Remarks
    • Water Heater: See Remarks
    • Construction Date/Year Built Des: Under Construction
    • Unit 2 Appl/Equip: See Remarks
    • Exterior Description: Aluminum Siding
    • Town #: Newark City

    Price history

    DateEventPrice
    9/21/2022Sold$420,000-6.7%$187/sqft
    Source: All Jersey MLS #2211013R Report a problem
    7/25/2022Contingent$450,000$200/sqft
    Source: All Jersey MLS #2211013R Report a problem
    6/23/2022Pending sale$450,000$200/sqft
    Source: NJMLS #22008500 Report a problem
    6/13/2022Listed for sale$450,000$200/sqft
    Source: GSMLS #3769274 Report a problem
    6/10/2022Pending sale$450,000$200/sqft
    Source: NJMLS #22008500 Report a problem
    5/12/2022Price change$450,000-14.3%$200/sqft
    Source: NJMLS #22008500 Report a problem
    5/11/2022Listed for sale$525,000+16.7%$234/sqft
    Source: GSMLS #3769274 Report a problem
    4/20/2022Contingent$450,000$200/sqft
    Source: NJMLS #22008500 Report a problem
    3/15/2022Listed for sale$450,000+328.6%$200/sqft
    Source: GSMLS #3769274 Report a problem
    3/2/2021Sold$105,000+99900%$47/sqft
    Source: Public Record Report a problem
    12/16/2020Sold$105-99.9%
    Source: GSMLS #3625490 Report a problem
    10/1/2020Pending sale$100,000$45/sqft
    Source: RE/MAX SELECT #3625490 Report a problem
    9/24/2020Price change$100,000-63.6%$45/sqft
    Source: RE/MAX SELECT #3625490 Report a problem
    3/24/2020Listed for sale$275,000+57.1%$122/sqft
    Source: RE/MAX SELECT #3625490 Report a problem
    11/23/2011Sold$175,000-20.5%$78/sqft
    Source: Public Record Report a problem
    4/6/2011Listing removed$220,000$98/sqft
    Source: Exit Platinum Realty #2816298 Report a problem
    3/24/2011Listed for sale$220,000+1275%$98/sqft
    Source: Exit Platinum Realty #2816298 Report a problem
    7/15/2010Sold$16,000-94.2%$7/sqft
    Source: Public Record Report a problem
    8/11/2006Sold$275,000+48.6%$122/sqft
    Source: Public Record Report a problem
    11/29/2004Sold$185,000+560.7%$82/sqft
    Source: Public Record Report a problem
    5/1/2002Sold$28,000$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,910 +5.2%$172,800
    2024$6,572 +0.1%$172,800
    2023$6,566 $172,800
    2022$6,566 $172,800
    2021$6,566 +1%$172,800
    2020$6,499 +37.4%$172,800
    2019$4,729 $172,800
    2018$4,729 -20.5%$172,800
    2017$5,944 +4%$172,800
    2016$5,718 +6.7%$172,800
    2015$5,359 +5%$172,800
    2014$5,103 +37.9%$172,800
    2013$3,701 +3.7%$172,800 +61.2%
    2012$3,568 +4.7%$107,200
    2011$3,409 +16.1%$107,200
    2010$2,936 +5.4%$107,200
    2009$2,786 +4.4%$107,200
    2008$2,669 $107,200
    2007$2,669 $107,200
    2006-- $107,200
    2005-- $107,200
    2004$2,316 $107,200
    2003-- $107,200 +930.8%
    2002-- $10,400
    2001-- $10,400

    Find assessor info on the county website

    Neighborhood: West Side

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $590,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $590,600