$1,350,000

558 S 18th St Newark, NJ 07103

$10,000
Closing credit¹
4 beds
3 full, 1 partial
Multi-Family

Property details

About 558 S 18th St

Welcome to 558 S 18th St, a mixed-use property being sold along with 286 - 290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.

Highlights

Home typeMulti Family
StatusActive
MLS #24015348

Summary

  • MLS Number: 24015348
  • Office Name: Lim Bances Realty
  • Office Phone: (973) 232-5187
  • Listing Agent: Lim Bances

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view

$1,350,000

558 S 18th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$244,000$9,096
2022$244,000$9,110
2021$244,000$9,110
2020$283,000$10,643
2019$283,000$10,451

History based on county public records data.

Nearby schools

2

Grove Street Elementary School

Public District PK-5

0.2 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

0.6 mi

1 University Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,740. The most common annual income of people living in Newark, NJ is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
41%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

39%
Single, No Kids
36%
Single, with Kids
11%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 558 S 18th St in Newark, NJ and zip code 07103 in the West Ward neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,350,000.

The inventory of homes for sale in Newark, NJ between January and February 2025 increased by 18.4%. Listings spent 100 days on the market in February 2025, and had a median list price of $495,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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