896 S 16th St, Newark, NJ 07108

$799,999
  • 896 S 16th St, Newark, NJ 07108 Main Photo

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New to the Market Active
BEDS8 BATHS5 full MLS#4024869
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

896 S 16th St | MLS# 4024869

This multi-family property located at 896 S 16th St, Newark, NJ 07108 is currently listed for sale with an asking price of $799,999. Search Newark real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fuel Type: Gas-Natural
Heating: 2 Units
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Taxes: $10,937
Year Built: 2007

Feature Descriptions

Days on Site: 4
Driveway: 2 Car Width, See Remarks
Exterior: Vinyl Siding
Lot Dimensions: 0.11 acre(s)
Sewer: Public Sewer
Utilities: All Underground, Gas-Natural, See Remarks
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: RE/MAX NEW MILLENNIUM GROUP
Agency Contact: 908-282-1234

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 2,925.20 per month $1,780.45 Principal & Interest $911.42 Property Tax $233.33 Homeowner's Insurance

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