BEDS8
BATHS5 full
MLS#4024869
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Discover an exceptional investment opportunity with this expansive 2 unit residence with bonus space, ideally situated on an oversized lot just steps from I-78, the Garden State Parkway, and key transit options. Boasting impressive square footage and a prime location near downtown Newark, this property is perfectly suited for both owner-occupants and seasoned investors seeking strong rental potential. Each of the three generously sized units features high ceilings, abundant natural light, and versatile floor plans that offer both comfort and character. The rare, extra-large lot provides valuable outdoor space ideal for private parking, gardening, or future enhancements making it a true asset in an urban setting. Located within walking distance to NJ Transit, major highways, parks, retail centers, and educational institutions, this home stands out as a premier multi-family. Don't miss this rare chance to own a high-performing property with endless upside in the heart of the city.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Fuel Type: Gas-Natural
Heating: 2 Units
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Taxes: $10,937
Year Built: 2007
Feature Descriptions
Days on Site: 4
Driveway: 2 Car Width, See Remarks
Exterior: Vinyl Siding
Lot Dimensions: 0.11 acre(s)
Sewer: Public Sewer
Utilities: All Underground, Gas-Natural, See Remarks
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: RE/MAX NEW MILLENNIUM GROUP
Agency Contact: 908-282-1234
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,925.20 per month $1,780.45 Principal & Interest $911.42 Property Tax $233.33 Homeowner's InsuranceChange Payment Information
896 S 16th St | MLS# 4024869
This multi-family property located at 896 S 16th St, Newark, NJ 07108 is currently listed for sale with an asking price of $799,999. Search Newark real estate on www.realtymark.net today.