Property

Newark City, NJ 07103 752 S 16th St

Pending
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Presented By: ERA QUEEN CITY REALTY; 908-322-5454
  • MLS# 3942399
  • 01/21/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 2,343

Home Details

Price reduced! 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 NYC 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, University Hospital, Audible and other major employers nearby, this located is well suited for the local workforce. 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 just not a home but a stake in Newark's bright future.. Whether you are looking for a dual-income investment or a spacious HOME with rental income, this is your opportunity to be part of Newark's exciting transformation. **MULTIPLE OFFERS RECEIVED. HIGHEST, BEST & FINAL OFFERS ARE DUE BY 5:00PM ON 3/13/25**
Presented By: ERA QUEEN CITY REALTY; 908-322-5454

Interior Features for 752 S 16th St

Bedrooms

Total Bedrooms4
Unit 1 Beds Total2
Unit 2 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1172
Unit 2 Sq Ft1271
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipKitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipKitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
BasementFull
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen, Living Room

General for 752 S 16th St

Architectural Style2-Two Story
CoolingNone
CountyEssex
DirectionsSpringfield Ave or Clinton Ave to S. 16th St
DriveOn-Street Parking
EasementNo
Full Baths2
Gross Income
Heating2 Units
Net Operating Income
Number Of Units Total2
Open Parking Spaces
Operating Expense
PossessionAt Closing
RoofComposition Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount5187
Tax Assessed Value136400
Tax Lot44
Tax Year2024
Total Rooms11
Town #1614
TownshipNewark City
UtilitiesElectric
Year Built1913

Exterior for 752 S 16th St

Building Area Total2343
Exterior AmenitiesOpen Porch(es)
Exterior DescriptionAluminum Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourceWell

Additional Details

Price History

Tina Torres

Broker/Owner
Price $449,000
MLS#3942399
List Date 01/21/2025
Property Type Pending
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