$555,000
For Sale

874 S 16th St

Newark City, NJ 07108
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Are you looking for an incredible investment opportunity or a multi-family home with income potential? Look no further! This well-maintained, 3-family property in the heart of Newark offers the perfect balance of convenience, space, and value. Whether you're an investor or looking to live in one unit while renting out the others, this property has endless possibilities. Property Features:3 separate, spacious units with great layouts- Large living rooms, well-sized bedrooms, and plenty of closet space. Fully equipped kitchens with modern appliances, separate utilities for each unit ? easy management and cost savings. Shared driveway with 2 car garage, plus off-street parking with ample space. Well-kept interior & exterior with a welcoming front porch. Easy access to major highways, including I-78, NJ Turnpike, and Garden State Parkway. This property offers strong rental potential, with steady demand for quality rental units in the area. Whether you're expanding your real estate portfolio or looking for a new place to call home, this is an opportunity you don't want to miss!

  • Interior Details
      • HeatingFloor/Wall Heater
      • Heating SourceGas-Natural
    • Beds & Baths
      • Bedrooms7
  • Property Details
      • Exterior MaterialsWood Shingle
    • Parking
      • Parking Features1 Car Width, Driveway-Shared, On-Street Parking
      • Parking TypeDriveway
  • Construction Details
      • Property TypeMulti-Family
      • Basement DescriptionUnfinished
      • BasementYes
    • Condition
      • Year Built1906
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • Utility FeaturesGas-Natural
  • Other
      • MLS #3933690

Location

Salvatore BocchinoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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