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470 S 16th St

Newark City, NJ 07103
  • $790,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 3933700
UPDATED: 56 min ago
$790,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
2022
County:
Area:

School Ratings & Info

Description

Welcome to this modern contemporary multi-family home that constructed in 2022 with 3 years left of tax abatement in Newark! Unit 1 features 3 bedrooms, 2.5 bathrooms, While unit 2 offer 3 bedrooms and 2 full baths, beautiful wood flooring, and an updated kitchen and built-in cabinets. Situated in a prime location with excellent public transportation options, the property is perfect for both homeowners and investors. With nearby schools, shopping, and a walkable neighborhood, it combines style, functionality, and accessibility. Don't miss the opportunity to own this exceptional home! Photos were taken before the tenants moved in.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T09:45:57.64.
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470 S 16th St Newark City, NJ 07103

  • Price: $790,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 56 min ago
  • MLS #: 3933700
6
Beds
4
Baths
1
½ Baths
0.06
Acres
2022
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to this modern contemporary multi-family home that constructed in 2022 with 3 years left of tax abatement in Newark! Unit 1 features 3 bedrooms, 2.5 bathrooms, While unit 2 offer 3 bedrooms and 2 full baths, beautiful wood flooring, and an updated kitchen and built-in cabinets. Situated in a prime location with excellent public transportation options, the property is perfect for both homeowners and investors. With nearby schools, shopping, and a walkable neighborhood, it combines style, functionality, and accessibility. Don't miss the opportunity to own this exceptional home! Photos were taken before the tenants moved in.
Exterior Features

Approximate Lot Size 25X100 Exterior Description BrickStucco Exterior Features Metal Fence Garage Description Built-In Garage Lot Description Level Lot Number Of Parking Spaces 2 Parking Driveway Description 1 Car Width Roof Description FlatSee Remarks

Interior Features

Basement No Cooling 2 UnitsCentral AirSee Remarks Heating 2 UnitsForced Hot AirSee Remarks Interior Features Wood Floors Total Number Of Rooms 12 Unit1 Appliances Equipment DishwasherMicrowave OvenRange/Oven - GasSee Remarks Unit1 Baths 2.5 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomMaster BedroomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 2691 Unit1 Sq Ft 9999 Unit2 Appliances Equipment DishwasherMicrowave OvenRange/Oven - GasSee Remarks Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster BedroomSee Remarks Unit2 Rooms 6 Unit2 Sq Ft 9999

Property Features

Assessment Total 344300 Building Assessment 313000 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 31300 Net Operating Income 0 Sewer Public Sewer Tax Amount 12863 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Lease Expiration 2025-12-23 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2691 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-12-31 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2205 Unit2 Security Deposit 3105 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 908-913-8708.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T09:45:57.64.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527