319 16Th Ave Newark, NJ $ 375,000
319 16Th Ave
$ 375,000
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319 16Th Ave

Newark, NJ, 07103
$ 375,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 2,309

319 16Th Ave, Newark, NJ 07103 - Image 1
319 16Th Ave, Newark, NJ 07103 - Image 2
319 16Th Ave, Newark, NJ 07103 - Image 3
319 16Th Ave, Newark, NJ 07103 - Image 4
319 16Th Ave, Newark, NJ 07103 - Image 5
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319 16Th Ave, Newark, NJ 07103 - Image 8
319 16Th Ave, Newark, NJ 07103 - Image 9

Multi-Family Home for sale in Newark, NJ

for $375,000 with 3 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.06.

Well-positioned mixed-use property offering a versatile layout ideal for investors or owner-users. The first floor features a vacant commercial space previously utilized as a restaurant, providing a strong opportunity for retail, food service, or other business uses. The layout allows for customization to suit a variety of commercial applications.The second floor consists of a 3-bedroom, 1-bath residential unit with a functional layout, offering additional income potential or owner-occupancy.The property also includes a bonus space located behind the commercial unit, suitable for storage, expansion, or auxiliary use (buyer to verify permitted uses).Conveniently located near major roadways, public transportation, and neighborhood amenities.

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Multi-Family Active

Price

$ 375,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,598

Style

2-Two Story

Lot Size

0.06

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

4022302

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural See Remarks
Possession At Closing
Roof Asphalt Shingle Rubberized
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1900
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 6
Full Baths 3
Status Active
Directions Google Maps
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 6598
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 165000
Town # 1614
Tax Lot 51
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 3
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
OWANATE EREKEOSIMA

Listing Agent

Mig Real Estate

Broker

Affordability Calculator

$2,859
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$550
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
4/22/2026$375,000 Listed Price

Map


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319 16Th Ave, Newark, NJ, 07103 is a Multi-Family Home for sale at $375,000 with a lot size of 0.06. 319 16Th Ave has 3 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07103 which is in Newark, NJ