New - 2 days on Rocket
$8,301 Closing Credit¹
#24050923, Valbona Seci, Listing Office: United Real Estate
$699,000 List price
882 S 16th St Newark City, NJ 07108
$8,301
Closing credit¹
8 beds
4 full
0.07 acres
Multi-Family
Property details
About 882 S 16th St
Attention all buyers and investors!Don't miss this incredible opportunity to own a three-family home in the heart of Newark, New Jersey, perfect for generating rental income or multi-generational living,the first-floor unit features a living room, an eat-in kitchen, 3 bedrooms and one bathroom, central heat and AC, washer and dryer in the unit.The second-floor unit offers a living room, eat-in kitchen, three bedrooms,extra room that can serve as a playroom room or office, 2 full bathrooms for added convenience,central heat and AC, washer and dryer the unit.The third-floor unit includes two bedrooms, a living room, a kitchen, and one bathroom,convenient location close to all schools, parks, shops and all major highways and public transportation.This property has incredible potential. Schedule your showing today!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.07 Acres
Year built1920
ParkingSee Remarks, See Remarks
MLS #3940300
Summary
- MLS Number: 3940300
- Office Name: UNITED REAL ESTATE
- Office Phone: (888) 501-6953
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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Last updated on: 2/22/2025, 9:20:48 AM 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
882 S 16th St
$8,301
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Thurgood Marshall Elementary School
Public District PK-5
0.3 mi
•141 Montgomery Ave # 181
3
Berkeley Terrace Elementary School
Public District PK-5
0.6 mi
•787 Grove St
3
Burch Charter School of Excellence
Public Charter KG-5
0.8 mi
•100 Linden Ave
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 $27,391. Most Newark City, NJ residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
36%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
30%
Single, with Kids
10%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
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 882 S 16th St in Newark City, NJ and zip code 07108 in the South Ward neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $699,000.
In January 2025 in Newark City, NJ there were 14.9% more homes for sale than in December. While the average time on the market in January 2025 was 104 days, the median list price was $498,990.
From Rocket Homes Real Estate and based on county public records data.