Spacious Multi-Family Home – Great Investment Opportunity or Owner-Occupant Potential!
This well-maintained two-family house features a total of 7 bedrooms and 3 bathrooms, plus a finished attic space for added versatility.
First Floor: 3 bedrooms, 1 full bath, spacious living and dining areas. Currently fully occupied by a reliable, good-paying tenant, providing immediate rental income.
Second Floor: 3 bedrooms, 1 full bath with similar layout, This unit is vacant and move-in ready, ideal for an owner-occupant or additional rental income.
BONUS living-space (attic) 1 bedroom, 1 full bath with kitchenette – perfect for additional living space.
Large unfinished basement w/ high ceiling, Large backyard, separate heating and hot water. Gas heating - no oil tank, central heating system w/ separate entrance to all units including basement
This property is in close proximity to local parks, providing outdoor space for families and pets. Commuting is a breeze with easy access to public transportation, major bus routes. Plus, hospitals and medical centers are only a drive away, adding peace of mind and convenience.
Whether you're looking to invest or live in one unit while renting the others, this property offers flexibility, income potential, and space.
Contact Owner: 646-331-0249 Realtors are welcome!
Come with your best Offers
For sale by owner
$549,999
748 S 16th St, Newark, NJ 07103
7beds
2,295sqft
Est.:
MultiFamily
Built in 1913
-- sqft lot
$510,100 Zestimate®
$240/sqft
$-- HOA
What's special
Finished attic spaceLarge backyard
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