Under contract

$699,900

889 16th Street, Newark, NJ 07108

7beds

--sqft

$5,029/mo

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Introducing a remarkable 3-family residence in the heart of Newark! Discover a rare investment opportunity in this beautifully maintained home, perfectly located near downtown Newark, major highways, and the airport. Enjoy the perfect blend of convenience, accessibility, and potential for rental income. Features:- 3 units- Prime location near downtown Newark- Easy access to major highways- Close proximity to the airport- Excellent investment potential Don't miss out on this incredible opportunity to own a piece of Newark's vibrant real estate market!

626 days
8
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Appliances

Laundry: None

Property

Details

Parcel number: 1403012000000030

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

Utilities for property: Sep Heat

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $139,100
Annual tax amount: $5,289
Date on market: 1/13/2025
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/24/2025	Pending sale	$699,900
Source: NJMLS #25002196 Report a problem
1/21/2025	Listed for sale	$699,900+249.9%
Source: NJMLS #25002196 Report a problem
9/28/2023	Listing removed	--
Source: All Jersey MLS #2308953R Report a problem
2/24/2023	Listing removed	--
Source: All Jersey MLS #2308953R Report a problem
2/23/2023	Listed for sale	$200,000-57.4%
Source: All Jersey MLS #2308953R Report a problem
11/1/2022	Listing removed	--
Source: GSMLS #3805062 Report a problem
9/1/2022	Listed for sale	$469,777+20.5%
Source: GSMLS #3805062 Report a problem
7/29/2020	Sold	$390,000+8.6%
Source: Public Record Report a problem
9/1/2019	Listing removed	$359,000
Source: Keller Williams City Views Realty #1907278 Report a problem
2/23/2019	Listed for sale	$359,000+121.6%
Source: KELLER WILLIAMS CITY VIEWS REALTY #3534051 Report a problem
12/6/2018	Sold	$162,000-10%
Source: GSMLS #3474901 Report a problem
8/29/2018	Listed for sale	$180,000
Source: CULTURE ESTATE #3474901 Report a problem
8/29/2018	Pending sale	$180,000+50.6%
Source: CULTURE ESTATE #3474901 Report a problem
1/23/2015	Sold	$119,500+19.5%
Source: GSMLS #3170939 Report a problem
8/4/2014	Sold	$100,000-50%
Source: GSMLS #3104114 Report a problem
7/13/2010	Sold	$200,000+250.9%
Source: Public Record Report a problem
5/20/2010	Sold	$57,000-78.5%
Source: Public Record Report a problem
11/25/2008	Listing removed	$265,000
Source: XDeadline.com Inc #2441040 Report a problem
9/14/2008	Price change	$265,000-3.6%
Source: XDeadline.com Inc #2441040 Report a problem
6/27/2008	Listed for sale	$275,000
Source: Postlets #2441040 Report a problem
5/11/2008	Listing removed	$275,000
Source: Postlets #2441040 Report a problem
5/1/2008	Listed for sale	$275,000+48.2%
Source: Postlets #2441040 Report a problem
11/21/2005	Sold	$185,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,563 +5.2%	$139,100
2024	$5,290 +0.1%	$139,100
2023	$5,286	$139,100
2022	$5,286	$139,100
2021	$5,286 +1%	$139,100
2020	$5,232 +109.9%	$139,100
2019	$2,493	$139,100
2018	$2,493 -47.9%	$139,100
2017	$4,785 +4%	$139,100
2016	$4,603 +6.7%	$139,100
2015	$4,313 +5%	$139,100
2014	$4,108 -18%	$139,100
2013	$5,009 +3.7%	$139,100 -4.1%
2012	$4,829 +4.7%	$145,100
2011	$4,614 +16.1%	$145,100
2010	$3,974 +5.4%	$145,100
2009	$3,771 +4.4%	$145,100
2008	$3,613	$145,100
2007	$3,613	$145,100
2006	--	$145,100
2005	--	$145,100
2004	$2,884	$145,100
2003	--	$145,100 +1295.2%
2002	--	$10,400
2001	--	$10,400