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482 S 16Th St Newark, NJ $ 575,000
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$ 575,000 Get more info
482 S 16Th St
$ 575,000
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482 S 16Th St

Newark, NJ, 07103
$ 575,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 3,631

​

Multi-Family Home for sale in Newark, NJ

for $575,000 with 9 bedrooms and 3 full baths. This home was built in 1950 on a lot size of 0.06.

Spacious 2 family investment opportunity with bonus 3rd floor. First-floor unit offers 4 bedrooms and 1 full bath. Second-floor unit features 4 bedrooms and 1 full bath. Third-floor unit includes 1 bedroom and 1 full bath. Separate utilities for each unit. Property offers great income potential and is ready for your finishing touches. Features include a full basement, private yard, and convenient location near public transportation, schools, shopping, parks, and major highways. Being sold as is. Conventional or Cash offers.

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Multi-Family Coming Soon

Price

$ 575,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,954

Style

3-Three Story

Lot Size

0.06

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

4044344
Features
General
Sewer Public Available
Heating 2 Units
Cooling Wall A/C Unit(s)
Utilities Gas In Street
Possession Fee Simple
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story
Year Built 1950
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 14
Full Baths 3
Status Coming Soon
Directions Central or South Orange ave to S.16th ave
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 6954
Drive On-Street Parking
Standard Status Coming Soon
Tax Assessed Value 173900
Town # 1614
Tax Lot 34
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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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
SHERIE HINNANT

Listing Agent

Essential Real Estate

Broker

hinnantone@gmail.com

Email

Affordability Calculator

$4,210
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/2/2026$575,000 Listed Price

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482 S 16Th St, Newark, NJ, 07103 is a Multi-Family Home for sale at $575,000 with a lot size of 0.06. 482 S 16Th St has 9 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 07103 which is in Newark, NJ

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