Properties

Description

Nestled in the heart of Newark, a city brimming with renewed vitality, this 2343 SF two-family home is an opportunity that combines convenience, investment potential, and accessible location. Newark is undergoing a transformative resurgence, emerging as a vibrant hub of arts, culture, and economic growth while maintaining the charm of urban living, offering the allure of city living without NYC's sky-high costs. Conveniently located near Newark Liberty International Airport, Newark Penn Station, and major transit and bus lines, this property is ideal for commuters seeking seamless connections to New York City and beyond. The world-class Prudential Center, NJPAC, and the renowned Newark Museum of Art are minutes away, providing endless entertainment and cultural experiences. With Rutgers University and top employers nearby, this home is well suited for professionals. This home features aluminum siding, open front porch, spacious 5 and 6 room apartments. It has newer boilers and water heaters, separate heat and utilities. Recently updated bath on second floor. This is your chance to invest in a property that offers not just a home but a stake in Newark's bright future. Whether you're looking for a dual-income investment or a spacious home with rental potential, this property is your opportunity to be part of Newark's exciting transformation. Act fast! Properties like this in Newark's dynamic market won't last long!

Features

  • Heating System : 2 Units
  • Basement : Full
  • Roof Deck : Composition Shingle
  • Parking Description: On-Street Parking
  • Exterior Features: Open Porch(es)
  • Tax Assessed Valuation: 136400
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: ERA QUEEN CITY REALTY
  • Office MLS ID: 003301
  • Agent ID: 210225
  • Tax: 5187
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$499,000

752 S 16th St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 4
  • Built Year 1913

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5333373
  • Price: $499,000
  • Bedrooms: 4
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1913
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: S 16th St
  • Street Number: 752
  • Street Direction: Springfield Ave or Clinton Ave to S. 16th St
  • Floor Number: 0
  • Longitude: W75° 47' 21.3''
  • Latitude: N40° 43' 45.5''
  • Internet Display Address: No
Property