874-876 S 16th St, Newark, NJ 07108
Local realty services provided by:ERA Central Realty Group
874-876 S 16th St,Newark City, NJ 07108
$675,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cristian avila vargas
Office: realty of america
MLS#:4017284
Source:NJ_GSMLS
Price summary
- Price:$675,000
About this home
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....
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Home facts
- Year built:1906
- Listing ID #:4017284
- Added:1 day(s) ago
- Updated:March 28, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:11
- Basement Description:Basement, Unfinished
Heating and cooling
- Heating:Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1906
- Lot area:0.07 Acres
- Architectural Style:3-Three Story
- Construction Materials:Aluminum Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Tax amount:$12,240 (2025)
Features and amenities
- Amenities:All Utilities Underground
Parking
- Parking description:Blacktop Driveway
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