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Under contract
    • $799,999

    896-898 S 16Th St, Newark City, NJ 07108

    8beds
    --sqft
    : 
    $5,430/mo
    Get pre-qualified
    Multi Family
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High ceilingsAbundant natural lightValuable outdoor spaceIdeal for private parkingExtra-large lotOversized lotVersatile floor plans
    Discover an exceptional investment opportunity with this expansive 2 unit residence with bonus space,2 renovated additional bedrooms and full bath in the ground floor, ideally situated on an oversized lot just steps from I-78, the Garden State Parkway, and key transit options. Boasting impressive square footage and a prime location near downtown Newark, this property is perfectly suited for both owner-occupants and seasoned investors seeking strong rental potential. Each of the three generously sized units features high ceilings, abundant natural light, and versatile floor plans that offer both comfort and character. The rare, extra-large lot provides valuable outdoor space ideal for private parking, gardening, or future enhancements making it a true asset in an urban setting. Located within walking distance to NJ Transit, major highways, parks, retail centers, and educational institutions, this home stands out as a premier multi-family. Don't miss this rare chance to own a high-performing property with endless upside in the heart of the city.
    115 days
    |
    28
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Ovedhe 908-282-1234,

    Re/Max New Millennium Group

    Source: GSMLS,MLS#: 4024869MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • 2 Units, Natural Gas
      Cooling
      • Central Air
      Features
      • Bedrooms, Dining Room, Kitchen, Living Room, Attic
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Width, See Remarks
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 50 x 100
      Details
      • Parcel number: 1614030110000000620000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 2007
      • Major remodel year: 2026

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities, Natural Gas Connected, See Remarks

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $273,500
      • Annual tax amount: $10,937
      • Date on market: 5/2/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Pending sale$799,999
        Source: GSMLS #4024869 Report a problem
        5/2/2026Listed for sale$799,999-9.1%
        Source: GSMLS #4024869 Report a problem
        4/1/2026Listing removed$879,999
        Source: GSMLS #3979251 Report a problem
        12/30/2025Listed for sale$879,999
        Source: GSMLS #3979251 Report a problem
        12/12/2025Pending sale$879,999
        Source: GSMLS #3979251 Report a problem
        12/11/2025Listed for sale$879,999
        Source: GSMLS #3979251 Report a problem
        10/30/2025Pending sale$879,999+0.1%
        Source: GSMLS #3979251 Report a problem
        9/26/2025Price change$879,000-0.1%
        Source: NJMLS #25034652 Report a problem
        8/4/2025Listed for sale$879,999+105.1%
        Source: GSMLS #3979251 Report a problem
        10/10/2007Sold$429,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,937 +5.2%$273,500
        2024$10,401 +0.1%$273,500
        2023$10,393 $273,500
        2022$10,393 $273,500
        2021$10,393 +1%$273,500
        2020$10,286 +37.4%$273,500
        2019$7,484 $273,500
        2018$7,484 -20.5%$273,500
        2017$9,408 +4%$273,500
        2016$9,050 +6.7%$273,500
        2015$8,481 +5%$273,500
        2014$8,076 +532.3%$273,500
        2013$1,277 +37.9%$273,500 +635.2%
        2007$926 $37,200
        2006-- $37,200
        Find assessor info on the county website

        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.
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        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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