$8,301 Closing Credit¹
#3937169, Listing Office: COLDWELL BANKER REALTY
$699,000 List price
513 S 16th St Unit 2 Newark City, NJ 07103
$8,301
Closing credit¹
6 beds
4 full
0.06 acres
Multi-Family
Property details
About 513 S 16th St Unit 2
Fully renovated in 2024, this two-family home is the perfect blend of luxury living and income potential! Each unit features 3 bedrooms, including a primary suite with its own full bath, plus a second full bathroom. Unit 1 includes private access to a finished basement ideal for entertaining. Unit 2 boasts a spacious finished attic with three large closets, perfect as a bonus room or rec space. Enjoy modern finishes throughout, including stainless steel appliances (refrigerator, dishwasher, gas range, microwave) and central air conditioning. With ample street parking and a location just steps from city transportation and major highways, convenience is unmatched. Live in one unit and rent the other or rent both and maximize your investment!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.06 Acres
Year built1911
MLS #3958111
Summary
- MLS Number: 3958111
- Office Name: LIFESTYLE INTERNATIONAL REALTY
- Office Phone: (201) 783-3622
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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Last updated on: 4/27/2025, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
513 S 16th St Unit 2
$8,301
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Grove Street Elementary School
Public District PK-5
0.4 mi
•602 Grove St
2
Harriet Tubman Elementary School
Public District PK-6
0.4 mi
•504 S 10th 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 $35,897. Residents of Newark City, NJ typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
49%
<35k
42%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
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 513 S 16th St Unit 2 in Newark City, NJ and zip code 07103 in the West Ward neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $699,000.
The number of homes for sale in Newark City, NJ increased by 25.1% between February and March 2025. While the average time on the market in March 2025 was 95 days, the median list price was $489,068.
From Rocket Homes Real Estate and based on county public records data.