525 S 16Th St

Newark City, NJ
$ 375,000 Beds 7 Baths 3
Monthly Estimate* How much can I afford?

2 family with bonus unit 3/3/1 Bedrooms, Living Room, Kitchen and 3 Full Bath. Potential Income $1800/1800/1200 = $4800. Low taxes. Sellers concession available if required. This home has being fully renovated and will include an off street parking space in front of the house. Located close to transportation links to New York I-78, Garden State Pkwy & US-22, airport, neighborhood shops, schools & places of worship. Ideal for an owner occupier that would like their tenant to pay their mortgage or an investor that is looking to purchase a turnkey cashflow property.

Multi-Family

  • Price
  • $ 375,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 7
  • Full Bathrooms
  • 3
  • Year Built
  • 1911
  • Half Bathrooms
  • 0
  • City, Zip
  • Newark City
  • Taxes
  • 6247
  • County
  • ESSEX
  • Style
  • 3-Three Story
  • Area
  • Newark City
  • MLS#
  • 3685672
  • Zip
  • 07103
Listing Provided by: RE/MAX FIRST REALTY II

Features

General

Architectural Style 3-Three Story
Cooling See Remarks
Drive 1 Car Width
Exterior Features Wood Fence
Garage None
Heating 2 Units
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Open Parking Spaces 1
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 6247
Total Units 3
Town # 1614
Township Newark City
Utilities Gas-Natural
Water Heater Gas
Zoning R2

Interior Features

Basement Full, Unfinished
Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Kitchen, Living Room
Unit 1 Rooms 5
Unit 2 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Bedrooms, Kitchen, Living Room, Porch
Unit 2 Rooms 5
Unit 3 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 3 Baths Total 2.0
Unit 3 Beds Total 1
Unit 3 Handicap Modified No
Unit 3 Levels 2
Unit 3 Room Description Bedrooms, Kitchen, Living Room
Unit 3 Rooms 4

Exterior Features

Exterior Description Vinyl Siding
Lot Dimensions 25X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Morristown, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/6/2021 Listed $375,000

Property vs Zip Code Average in 07103

Price
AVG $410K
$380K
Taxes
AVG $5,893
$6,247
Visits
AVG 65
45
Year Built
AVG 1941
1911
Walkscore
AVG 71
63
Data Provided by Walkscore ® not using MLS data

Map

525 S 16Th St Newark City, NJ is a Single Family Home for sale at $375000 and a lot size of 2,614 SqFt Acre(s). 525 S 16Th St Newark City has 7 bedrooms, 3 baths and was built in 1911. The property's zip code is 07103 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.