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sales rep | Brivity IDX

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834 S 16th St , Newark City, NJ 07108
$750,000
Est. Payment: $4,050.01/mo
9 Bed
3 Bath
0.06 Acres
Status: active | Days on site: 2
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5028 - 298991
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House Description

Welcome to this spacious three-family income property located at 834 S. 16th Street in Newark. Offering approximately 3,699 square feet of living space, this property features 9 bedrooms and 3 full bathrooms across three separate units, making it an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with additional income.Each unit features spacious rooms, updated kitchens and bathrooms, and newer flooring throughout. The electrical system had heating have been updated. Conveniently located just blocks from Springfield Avenue, residents can enjoy nearby shops, restaurants, and everyday conveniences. The property also offers access to major roadways and public transportation, making it a practical option for commuters.Whether you're expanding your investment portfolio or looking for a multifamily property with income-producing potential, this three-family home offers space, desirable features, and a convenient Newark location.

Highlights

Listed by DAVID ANTHONY GIRON , MP EXP REALTY, LLC , 866-201-6210. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1907

County

Essex

Listing ID

4061259

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:50X100
Roof:See Remarks
Others:
  • ▪ Additional:Vinyl Siding, On-Street Parking
Sewer:Public Sewer
Principal Interest
$4,050
Taxes
$1,118

Home Price

$750,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,050.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,050.01 $1,118.00 $0.00 $5,168.01
Yearly $48,600.10 $13,416.00 $0.00 $62,016.10
Total $1,458,003.09 $402,480.00 $0.00 $1,860,483.09
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:58:50.000Z

© 2026 Garden State MLS