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$ 449,000
Est. payment /mo
Price Dropped by $50K
752 S 16th St Newark City, NJ 07103
4 Beds
2 Baths
2,343 SqFt
UPDATED:
03/13/2025 05:27 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,343 sqft
Price per Sqft $191
MLS Listing ID 3942399
Style 2-Two Story
Bedrooms 4
Full Baths 2
Year Built 1913
Annual Tax Amount $5,187
Tax Year 2024
Lot Size 2,613 Sqft
Property 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**
Location
State NJ
County Essex
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Utilities Available Electric
Roof Type Composition Shingle
Building
Sewer Public Sewer
Water Well
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by ERA QUEEN CITY REALTY