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  • $675,000

    874 S 16Th St, Newark City, NJ 07108

    7beds
    4,100sqft
    : 
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    Multi Family
    Built in 1906
    -- sqft lot
    $694,600 Zestimate®
    $165/sqft
    $-- HOA

    What's special

    Modern upgradesFully renovatedUpdated finishesWalk-in closetFunctional layouts
    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.
    71 days
    |
    155
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cristian Avila Vargas 833-256-4244,

    Realty Of America

    Source: GSMLS,MLS#: 4024822MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Baseboard - Hotwater, Natural Gas
      Cooling
      • See Remarks
      Features
      • Bedrooms, Eat-in Kitchen, Kitchen, Living Room, See Remarks, Eat-In Kitchen, Family Room
      • Basement: Yes,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 4,100
      • Total interior livable area: 4,100 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: See Remarks
      • Uncovered spaces: 4
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 32.10 x 100
      Details
      • Parcel number: 1614030110000000740000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1906

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $165/sqft
      • Tax assessed value: $306,100
      • Annual tax amount: $12,240
      • Date on market: 5/1/2026
      • Total actual rent: 0
      • Tenant pays: Gas, Tenant Pays Heat, Water, Tenant Pays Gas, Tenant Pays Water

        Estimated market value

        $694,600

        $660,000 - $729,000

        $2,315/mo

        Price history

        DateEventPrice
        5/1/2026Listed for sale$675,000-9.4%$165/sqft
        Source: GSMLS #4024822 Report a problem
        2/7/2026Listing removed$745,000$182/sqft
        Source: GSMLS #4000919 Report a problem
        2/4/2026Price change$745,000-0.5%$182/sqft
        Source: GSMLS #4000919 Report a problem
        12/8/2025Listed for sale$749,000+28%$183/sqft
        Source: GSMLS #4000919 Report a problem
        2/20/2025Sold$585,000+5.4%$143/sqft
        Source: GSMLS #3933690 Report a problem
        11/9/2024Listed for sale$555,000-7.4%$135/sqft
        Source: GSMLS #3933690 Report a problem
        4/1/2024Listing removed--
        Source: GSMLS #3879300 Report a problem
        12/28/2023Price change$599,500-7.8%$146/sqft
        Source: GSMLS #3879300 Report a problem
        10/26/2023Listed for sale$650,000+60.5%$159/sqft
        Source: GSMLS #3871725 Report a problem
        8/14/2019Sold$405,000$99/sqft
        Source: Agent Provided Report a problem
        12/11/2018Listed for sale$405,000$99/sqft
        Source: EXIT PLATINUM REALTY #3518103 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper Clinton Hill

        Getting around

        75 / 100
        Very Walkable
        63 / 100
        Good Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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