521 South 16th Street

Newark, NJ 07103

$399,000
Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors, don't miss out on this incredible opportunity! Located just minutes away from West Side Park, this property is near newer construction and offers a convenient location with easy access to schools, parks, and public transportation. Don't miss your chance to turn this property into a lucrative investment opportunity in the vibrant West Side neighborhood in Newark, NJ! The property is being sold as-isInvestors, don't miss out on this incredible opportunity! Located just minutes away from West Side Park, this property is near newer construction and offers a convenient location with easy access to schools, parks, and public transportation. Don't miss your chance to turn this property into a lucrative investment opportunity in the vibrant West Side neighborhood in Newark, NJ! The property is being sold as-is
  1. Listed by Erin Downs • Lifestyle International Realty • (917) 833-7322

Property Details for 521 South 16th Street

Style
2 Family
Sub style
Top/Btm
Waterfront
None
Garage
None
LISTING UPDATED: 11/25/2024 08:48 AM

Property Details for 521 South 16th Street

StatusActive
MLS #24037245
Days on Market5
Taxes$8,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyEssex County

Building Information for 521 South 16th Street

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Property Information for 521 South 16th Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 16th
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Number Numeric: 521
  • Street Direction: South
  • Zip Code: 07103
Taxes and HOA Information
  • Ease assessment: None Known
  • Tax: $8,000
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00019
  • Year Built: 1900-1939
  • Views exposure: East
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 00334
Property and Assessments
  • Photo: Y
  • Photo Number: 20
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Heatcool: Gas, Steam
  • Cooling Type: Gas, Steam
Interior and Exterior Features
Interior Features
  • Bedrooms: 8
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: 3 bd, eat-in kitchen, living room, 1 bath
  • Floor 2Nd: 5 bd, eat-in kitchen, living room, 2 bath
  • Basement: Full, Unfinished
  • Basement Description: unfinished
  • Number of rooms: 13
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $399,000.00
  • Listing Date: 11-21-2024
  • Status Date: 11-21-2024
Showing Information
  • Internet Remarks: Investors, don't miss out on this incredible opportunity! Located just minutes away from West Side Park, this property is near newer construction and offers a convenient location with easy access to schools, parks, and public transportation. Don't miss your chance to turn this property into a lucrative investment opportunity in the vibrant West Side neighborhood in Newark, NJ! The property is being sold as-is
Rental
Rental Information
  • Floor Lease 1St: MTM

Property History for 521 South 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 521 South 16th Street

Taxable ValueLand$31,300Additions$120,800Total$152,100
Tax Record2023$5,670 ($473 / month)
Home Facts
Beds0Total Finished SqFt2,257 SqFtAbove Grade Finished SqFt2,257 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1911CountyESSEXAPN14 00334-0000-00019

Schools near 521 South 16th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Thirteenth Avenue Elementary School
PublicPK to 8

Speedway Academies
PublicPK to 8

Hawthorne Avenue Elementary School
PublicPK to 8

South Seventeenth Street Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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521 South 16th Street is a multi-family home for sale in Newark, NJ 07103. This property was listed for sale on November 21, 2024 by Lifestyle International Realty, it's currently listed at $399,000. It has been on the market for a total of 5 days and was last sold on May 23, 2006. This listing's school district is The Newark Public School District. Nearby schools include Thirteenth Avenue Elementary School, Speedway Academies and Hawthorne Avenue Elementary School. 521 South 16th Street is a 8-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lifestyle International Realty, Erin Downs

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. 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. Last date updated: 11/27/2024 04:15 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 11/27/2024 04:15 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.