16 Seymour Ave Newark, NJ $ 749,900
16 Seymour Ave
$ 749,900
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16 Seymour Ave

Newark, NJ, 07108
$ 749,900
Bedrooms9 Baths6.0

Monthly Estimate*

$ 4,617

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Multi-Family Home for sale in Newark, NJ

for $749,900 with 9 bedrooms and 6 full baths. This home was built in 1912 on a lot size of 0.07.

Welcome to the fabulous and well maintained 3 family home, renovated 5 years ago. Each apartment has separate gas and electric meters. Top 2 apartments feature three beds and two bathrooms, exceptional kitchen space with full stainless steel appliance package. Each home is designed with flexible open plan. The master bedrooms include an ensuite bath and each unit has a washer/dryer hookup in master suite. There is an additional washer dryer hookup in the fully finished basement. First floor rental has 3 bedrooms and one full bath and there is one full bath in the partially finished basement! Newark annual inspection was first week of January and the home passed all inspection criteria. This home is centrally located and short hop to Penn Station and many buses nearby. Great choice for investors or owner occupied residents looking to offset your mortgage. Room for gross income growth! A turnkey choice, this one will go fast!

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Multi-Family Active

Price

$ 749,900

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 13,112

Style

3-Three Story

Lot Size

0.07

Year Built

1912

Town/City

Newark

County/Region

Essex

MLS | Web ID

4005137

Features
Interior
Interior Amenities Vinyl-Linoleum Floors
Basement Finished Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Unit 3 Baths Total 2.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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General
Sewer Public Sewer
Heating Forced Hot Air
Cooling None
Utilities Gas-Natural
Possession AT CLOSING
Roof Flat
Architectural Style 3-Three Story
Year Built 1912
Garage None
Township Newark City
Tax Year 2024
Gross Income 67800
County Essex
Net Operating Income 51337
Operating Expense 16463
Subdivision Name Clinton Hill
Total Rooms 15
Full Baths 6
Status Active
Directions Between Avon and Madison
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 13112
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 344800
Town # 1614
Tax Lot 58
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 24.7X122
Lot Size Acres 0.07
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* Excluded Features
List By
JEANNE STEFONETTI

Listing Agent

Group Twenty Six Llc

Broker

Affordability Calculator

$5,710
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,617
Monthly Property Taxes
$1,093
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$749,900 Listed Price

Map


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16 Seymour Ave, Newark, NJ, 07108 is a Multi-Family Home for sale at $749,900 with a lot size of 0.07. 16 Seymour Ave has 9 bedrooms, 6.0 baths, and was built in 1912. The property's zip code is 07108 which is in Newark, NJ