896-898 S 16th St, Newark, NJ 07108

Newark
Local realty services provided by:ERA Central Realty Group
896-898 S 16th St,Newark City, NJ 07108
$799,999
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dana hubbard
Office: re/max new millennium group908-282-1234
MLS#:4024869
Source:NJ_GSMLS

Price summary

  • Price:$799,999

About this home

Discover an exceptional investment opportunity with this expansive 2 unit residence with bonus space, 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.

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Home facts

  • Year built:2007
  • Listing ID #:4024869
  • Added:1 day(s) ago
  • Updated:May 03, 2026 at 05:55 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:14

Heating and cooling

  • Cooling:Central Air
  • Heating:2 Units

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:2007
  • Lot area:0.11 Acres
  • Architectural Style:2-Two Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,999
  • Tax amount:$10,937 (2025)

Features and amenities

  • Amenities:All Utilities Underground, Gas-Natural

Parking

  • Parking description:2 Car Width
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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. This information is being provided 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. Date Last Updated May 3, 2026

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