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