$9,381 Closing Credit¹
#24036021, Peter Boutros, Listing Office: EXP Realty, LLC
$790,000 List price
470 S 16th St Newark City, NJ 07103
$9,381
Closing credit¹
6 beds
4 full, 1 partial
0.06 acres
Multi-Family
Property details
About 470 S 16th St
Welcome to this modern contemporary multi-family home that constructed in 2022 with 3 years left of tax abatement in Newark! Unit 1 features 3 bedrooms, 2.5 bathrooms, While unit 2 offer 3 bedrooms and 2 full baths, beautiful wood flooring, and an updated kitchen and built-in cabinets. Situated in a prime location with excellent public transportation options, the property is perfect for both homeowners and investors. With nearby schools, shopping, and a walkable neighborhood, it combines style, functionality, and accessibility. Don't miss the opportunity to own this exceptional home! Photos were taken before the tenants moved in.
Highlights
Home typeMulti Family
HeatingMulti Unit(s), Forced Air, Other, Natural Gas
StatusActive
CoolingMulti Unit(s), Central Air, Other
Lot size0.06 Acres
Year built2022
Parking1 Car Width, Built-In Garage
MLS #3933700
Garage1 space
Summary
- MLS Number: 3933700
- Office Name: EXP REALTY, LLC
- Office Phone: (908) 913-8708
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Last updated on: 2/22/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$790,000
470 S 16th St
$9,381
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
2
Harriet Tubman Elementary School
Public District PK-6
0.4 mi
•504 S 10th St
2
Grove Street Elementary School
Public District PK-5
0.4 mi
•602 Grove St
2
University Elementary School
Public District PK-5
0.8 mi
•1 University Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,442. Most Newark City, NJ residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
34%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
34%
Single, with Kids
8%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Foot Locker
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
White Castle
Jack In The Box
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 470 S 16th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $790,000.
Between December and January 2025, Newark City, NJ real estate market has seen increase in the number of listings by 14.9%. In January 2025, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $498,990.
From Rocket Homes Real Estate and based on county public records data.