822 S 16th St
Newark City, NJ 07108
Price: $550,000
GSMLS: 3991369Type: Multi-Family
Style: 3-Three Story, See Remarks
Total Units: 2
Beds: 8
Baths: 2 Full
Garage: No
Year Built: 1912
Acres: 0.06
Property Tax: $5,038
Description
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.
General Info
Style:
3-Three Story, See Remarks
SqFt Building:
n/a
Total Rooms:
14
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$550,000
Tax Amount:
$5,038
Land Assessment:
$11,300
Build. Assessment:
$121,200
Total Assessment:
$132,500
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3991369
List Date:
10-08-2025
Days On Market:
7
Listing Broker:
REAL
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
