Property
Newark City, NJ 07103 416 S 17Th St
$749,000
1 more
Presented By: KELLER WILLIAMS CITY VIEWS REALTY
Beds • 9- Baths • 3
Beds • 9
Baths • 3Home Details
Income-producing multi-family property in a strong rental corridor of Newark. Property is currently tenant-occupied, offering immediate cash flow from day one. Units feature practical 1"3 bedroom layouts with separate utilities (tenant-paid gas and electric), helping reduce owner expenses. Ideal for investors seeking stable occupancy and consistent rental demand, including Section 8. Easy to show.
Presented By: KELLER WILLIAMS CITY VIEWS REALTY
Interior Features for 416 S 17Th St
Bedrooms
Total Bedrooms9
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1150
Unit 2 Sq Ft1150
Unit 3 Sq Ft1150
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipFire Alarm System, Microwave Oven, Refrigerator
Unit 2 Appl/EquipFire Alarm System, Microwave Oven, Refrigerator
Unit 3 Appl/EquipFire Alarm System, Microwave Oven, Refrigerator
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionDining Room, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Unit 1 Room DescriptionDining Room, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Unit 2 Room DescriptionDining Room, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
General for 416 S 17Th St
Architectural Style3-Three Story
CoolingSee Remarks, Wall A/C Unit(s)
CountyEssex
DirectionsFrom downtown Newark, head south on Broad Street, turn right onto Avon Avenue, then left onto South 17th Street. Property is on the right.
DriveOn-Street Parking
EasementNo
Full Baths3
GarageOn-Street Parking
Gross Income
HeatingForced Hot Air
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
Possession0-30
RoofAsphalt Shingle, See Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7558
Tax Assessed Value189000
Tax Lot54
Tax Year2025
Total Rooms15
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Water HeaterGas
Year Built2021
Exterior for 416 S 17Th St
Exterior AmenitiesSee Remarks
Exterior DescriptionAluminum Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner