Property
Newark City, NJ 07108 822 S 16Th St
$550,000
3 more
Presented By: REAL; 973-941-6999
Beds • 8- Baths • 2
Beds • 8
Baths • 2Home Details
This 2-family property offers a total of 8 bedrooms and 2 full baths, plus a full basement, all situated on a 25x100 lot. With high ceilings, large bedrooms, and 2 bonus attic rooms that could be converted into a studio or additional living space if desired. This property provides multiple options for redevelopment.Excellent opportunity for investors seeking a renovation or resale opportunity, as well as first-time buyers interested in renovation or rehab, this home offers excellent rental potential. It's just minutes from major highways and only 30 minutes from NYC.Whether you're looking to renovate and flip or hold for steady rental income, this property represents a strong long-term investment opportunity.
Presented By: REAL; 973-941-6999
Interior Features for 822 S 16Th St
Bedrooms
Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipRange/Oven - Gas, See Remarks
Unit 2 Appl/EquipRange/Oven - Gas
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms8
Unit 1 Rooms6
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
General for 822 S 16Th St
Architectural Style3-Three Story, See Remarks
CoolingWindow A/C(s)
CountyEssex
DirectionsFrom Avon ave to S 16th St
DriveOn-Street Parking, See Remarks
EasementNo
Full Baths2
Gross Income
Heating2 Units, See Remarks
Net Operating Income
Number Of Units Total2
Open Parking Spaces
Operating Expense
PossessionImmediate
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract Cont. to Show
StatusUnder Contract Cont. to Show
Tax Annual Amount5038
Tax Assessed Value132500
Tax Lot46
Tax Year2024
Total Rooms14
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Water HeaterGas
Year Built1912
Exterior for 822 S 16Th St
Exterior DescriptionVinyl Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate