752 S 16th St new

Newark City,NJ 07103

$ 499000

4 Beds

2 Baths

2343 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,343 sqft

Price per Sqft $212

MLS Listing ID 3942399

Style 2-Two Story

Bedrooms 4

Full Baths 2

Year Built 1913

Annual Tax Amount $5,187

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Nestled in the heart of Newark, a city brimming with renewed vitality, this 2343 SF two-family home is an opportunity that combines convenience, investment potential, and accessible location. Newark is undergoing a transformative resurgence, emerging as a vibrant hub of arts, culture, and economic growth while maintaining the charm of urban living, offering the allure of city living without NYC's sky-high costs. Conveniently located near Newark Liberty International Airport, Newark Penn Station, and major transit and bus lines, this property is ideal for commuters seeking seamless connections to New York City and beyond. The world-class Prudential Center, NJPAC, and the renowned Newark Museum of Art are minutes away, providing endless entertainment and cultural experiences. With Rutgers University and top employers nearby, this home is well suited for professionals. This home features aluminum siding, open front porch, spacious 5 and 6 room apartments. It has newer boilers and water heaters, separate heat and utilities. Recently updated bath on second floor. This is your chance to invest in a property that offers not just a home but a stake in Newark's bright future. Whether you're looking for a dual-income investment or a spacious home with rental potential, this property is your opportunity to be part of Newark's exciting transformation. Act fast! Properties like this in Newark's dynamic market won't last long!

Location

State NJ

County Essex

Rooms

Basement Full

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Composition Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

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