Properties

Description

Welcome to this spacious three-family income property located at 834 S. 16th Street in Newark. Offering approximately 3,699 square feet of living space, this property features 9 bedrooms and 3 full bathrooms across three separate units, making it an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with additional income.Each unit features spacious rooms, updated kitchens and bathrooms, and newer flooring throughout. The electrical system had heating have been updated. Conveniently located just blocks from Springfield Avenue, residents can enjoy nearby shops, restaurants, and everyday conveniences. The property also offers access to major roadways and public transportation, making it a practical option for commuters.Whether you're expanding your investment portfolio or looking for a multifamily property with income-producing potential, this three-family home offers space, desirable features, and a convenient Newark location.

Features

  • Heating System : Radiators - Hot Water
  • Cooling System : Window A/c(s)
  • Basement : Unfinished
  • Roof Deck : See Remarks
  • Parking Description: On-Street Parking
  • Tax Assessed Valuation: 335500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas In Street

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 298991
  • Tax: 13416
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$750,000

834 S 16Th St, Newark City, *

  • SQFT 50 Acre
  • Bedroom 9
  • Built Year 1907

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5470321
  • Price: $750,000
  • Bedrooms: 9
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1907
  • Year Built Description: Renovated
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 1

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: S 16Th St
  • Street Number: 834
  • Street Direction: s16th st and madison ave
  • Floor Number: 0
  • Longitude: W75° 47' 17.2''
  • Latitude: N40° 43' 35''
  • Internet Display Address: No
Property