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  • $879,999

    896-898 S 16Th Str, Newark City, NJ 07108

    8beds
    --sqft
    : 
    Multi Family
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Discover an exceptional investment opportunity with this expansive three-family residence, 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.
    5 hours
    on Zillow
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    Zillow last checked: 16 hours ago

    Listing updated: 16 hours ago

    Listed by:

    Richard Ovedhe 908-282-1234,

    Re/Max New Millennium Group

    Source: GSMLS,MLS#: 3979251MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 896-898 S 16Th Str.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • 2 Units, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range/Oven - Gas
    Features
    • Bedrooms, Dining Room, Living Room, See Remarks, Kitchen, Living/Dining Room
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car Width, Built-In Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: 3-Three Story
    • Stories: 3
    Lot
    • Size: 4,791.6 Square Feet
    • Dimensions: 50 x 100
    Details
    • Parcel number: 1614030110000000620000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • See Remarks
    • Roof: Asphalt Shingle
    Condition
    • Year built: 2007
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
    • Senior community: Yes
    Location
    • Region: Newark

    Financial & listing details

    • Tax assessed value: $273,500
    • Annual tax amount: $10,401
    • Date on market: 8/4/2025
    • Total actual rent: 0
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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