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$ 750,000
Est. payment | /mo
9 Beds
3 Baths
3,825 SqFt
$ 750,000
Est. payment | /mo
9 Beds
3 Baths
3,825 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,825 sqft
Price per Sqft $196
MLS Listing ID 4061259
Style 3-Three Story
Bedrooms 9
Full Baths 3
Year Built 1907
Annual Tax Amount $13,416
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Welcome to this spacious three-family income property located at 834 S. 16th Street in Newark. Offering approximately 3,699 square feet of living space, this property features 9 bedrooms and 3 full bathrooms across three separate units, making it an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with additional income.Each unit features spacious rooms, updated kitchens and bathrooms, and newer flooring throughout. The electrical system had heating have been updated. Conveniently located just blocks from Springfield Avenue, residents can enjoy nearby shops, restaurants, and everyday conveniences. The property also offers access to major roadways and public transportation, making it a practical option for commuters.Whether you're expanding your investment portfolio or looking for a multifamily property with income-producing potential, this three-family home offers space, desirable features, and a convenient Newark location.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas In Street
Roof Type See Remarks
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by EXP REALTY, LLC