Multi-Family, Commercial $ 550,000

822 S 16Th St

Newark City, NJ 07108

  • 8 Beds
  • 2 Baths
    Full Baths: 2
  • 2,613 Lot Size
  • 1912 Year Built
This 2-family property offers a total of 8 bedrooms and 2 full baths, plus a full basement, all situated on a 25x100 lot. With high ceilings, large bedrooms, and 2 bonus attic rooms that could be converted into a studio or additional living space if desired. This property provides multiple options for redevelopment.Excellent opportunity for investors seeking a renovation or resale opportunity, as well as first-time buyers interested in renovation or rehab, this home offers excellent rental potential. It's just minutes from major highways and only 30 minutes from NYC.Whether you're looking to renovate and flip or hold for steady rental income, this property represents a strong long-term investment opportunity.
Listed by REAL

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Commercial

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 3991369

    Style 3-Three Story, See Remarks

    Bedrooms 8

    Full Baths 2

    Year Built 1912

    Annual Tax Amount $5,038

    Tax Year 2024

    Lot Size 2,613 Sqft

  • Location

    State NJ

    County Essex

  • Rooms

    Basement Unfinished

  • Building

    Sewer Public Sewer

    Water Public Water

    Architectural Style 3-Three Story, See Remarks

  • Interior

    Heating Gas-Natural

    Cooling Window A/C(s)

    Heat Source Gas-Natural

  • Exterior

    Exterior Feature Vinyl Siding

    Utilities Available Gas-Natural

    Roof Type Asphalt Shingle

  • Others

    Senior Community No

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CONTACT

Alessandro Falcao
Alessandro Falcao

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