752 S 16th St
Newark City, NJ 07103
Price: $449,000
GSMLS: 3942399Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1913
Acres: 0.06
Property Tax: $5,187
Description
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**
General Info
Style:
2-Two Story
SqFt Building:
2,343
Total Rooms:
11
Basement:
Yes - Full
Interior:
n/a
Roof:
Composition Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
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
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
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Well
Sewer:
Public Sewer
Utilities:
Electric
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:
$449,000
Tax Amount:
$5,187
Land Assessment:
$31,300
Build. Assessment:
$105,100
Total Assessment:
$136,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3942399
List Date:
01-21-2025
Days On Market:
51
Listing Broker:
ERA QUEEN CITY REALTY
Listing Agent:
Bill Flagg
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
