Address
319 16Th Ave, Newark City, NJ
Price
$ 350,000
Property Attributes
  • MLS#3892772
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07103
  • Style
  • Year Built1900
  • Taxes$ 6151
  • Price$ 350,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.06 Acres
Data Source:
Garden State MLS (GSMLS)
Property Description

Welcome to your next investment opportunity in Newark's bustling West Side! This versatile property includes a working restaurant on the main floor and a bright and airy 3-bedroom residential unit above. Don't miss out on this rare chance to own a multi-use property in one of Newark's most dynamic neighborhoods. Anchored by historic West Side Park and the community centre and dotted with shopping, dining, and transit options, this vibrant area is stable and welcoming. Priced competitively for a swift sale, this opportunity won't last long - come make this property yours before someone else does!

Price History
3/26/2024 Listed $350,000

General Features

Sewer Public Sewer
Heating See Remarks
Cooling Window A/C(s)
Utilities Gas-Natural
Possession At the closing
Roof See Remarks
Architectural Style See Remarks
Year Built 1900
Garage None
Township Newark City
Easement No
Tax Year 2023
County Essex
Total Rooms 6
Status Active
Directions Google Maps
Total Units 2
Street Name 16Th Ave
Tax Annual Amount 6151
Drive None
Days on Market 35
Standard Status Active
Tax Assessed Value 165000
Town # 1614
Tax Lot 51

Interior Features

Basement Unfinished
Unit 2 Rooms 4
Unit 1 Rooms 2
Unit 1 Room Description See Remarks
Unit 2 Room Description Bedrooms,Kitchen,Living/Dining Room
Unit 1 Baths Total 1.0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Unit 1 Levels 1
Unit 2 Levels 2
Full Baths 2
Total Bedrooms 3
UnitType1TotalRent 2000
UnitType2TotalRent 1300
Unit 2 Handicap Modified No
Unit 1 Handicap Modified No
Unit 1 Appl/Equip See Remarks
Unit 2 Appl/Equip See Remarks

Exterior Features

Water Source Public Water
Exterior Description Brick
Lot Dimensions 25X100
Lot Size Acres 0.06

Amenities

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

Property vs Multi-Family Average in 07103

Price
AVG $700K
$350K
Taxes
AVG $6,749
$6,151
Visits
AVG 192
603
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1900