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289 16Th Ave Newark, NJ $ 475,000
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$ 475,000 Get more info
289 16Th Ave
$ 475,000
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289 16Th Ave

Newark, NJ, 07103
$ 475,000
Bedrooms-- Baths-- Sq 1,063

Monthly Estimate*

$ 2,925

​

Commercial Property for sale in Newark, NJ

for $475,000 with 2 half baths. This 1,063 square foot building was built in 2020 on a lot size of 0.03.

Masonry-constructed neighborhood retail featuring two demised commercial leaseholds ideal for owner/users. Entire premises previously operated under barber shop use in which pre-existing buildout remain intact. Each space offers one half bath, ceiling fan ventilation and separately metered electric service. Gas service supplied by one meter and pre-existing heating system is forced hot air and space heater respectively. Property sold strictly As-Is w/ deferred maintenance and Buyer is solely responsible for obtaining all municipal cert(s) required for closing purposes. Onus solely on Buyer for confirmation of proposed property use as permitted by City of Newark Planning/Zoning. Building Size is approximate.

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Commercial Active

Price

$ 475,000

Half Bath

2

Property Type

Commercial

Taxes

$ 5,350

Style

Lot Size

0.03

Year Built

2020

Town/City

Newark

County/Region

Essex

MLS | Web ID

4017983
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling See Remarks
Utilities Gas-Natural
Possession 0
Roof Flat
Zoning 2
Year Built 2020
Township Newark City
Property Type See Remarks See Remarks
Tax Year 2025
Ownership Condominium
Location Highway Location Residential Area
County Essex
Status Active
Directions South 17th Street or South 18th Street to 16th Avenue
Number Of Units Total 2
Tax Annual Amount 5350
Drive See Remarks
Leasable Area 0
Standard Status Active
Tax Assessed Value 90800
Town # 1614
Tax Lot 31
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 2
Half Baths 2
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 1063
Lot Dimensions 30X50
Lot Size Acres 0.03
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* Excluded Features
List By
Gladys Gabriel

Listing Agent

Weichert Realtors

Broker

Livingston

Office

Affordability Calculator

$3,370
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$446
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/1/2026$475,000 Listed Price

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289 16Th Ave, Newark, NJ, 07103 is a Commercial Property for sale at $475,000 with 1,063 sqft and a lot size of 0.03. 289 16Th Ave was built in 2020. The property's zip code is 07103 which is in Newark, NJ

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