778 South 16th Street

Newark, NJ 07103

$318,888
Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this fantastic home, offering incredible value with low taxes and solid bones. Perfect for both prospective homeowners and investors looking to expand their portfolios. The property features five generously sized bedrooms and two well-maintained full bathrooms. Tenants are currently up to date with their payments, but the property can be delivered vacant if preferred. This home combines comfort and practicality, making it an ideal choice for anyone seeking a new residence or a smart investment...Welcome to this fantastic home, offering incredible value with low taxes and solid bones. Perfect for both prospective homeowners and investors looking to expand their portfolios. The property features five generously sized bedrooms and two well-maintained full bathrooms. Tenants are currently up to date with their payments, but the property can be delivered vacant if preferred. This home combines comfort and practicality, making it an ideal choice for anyone seeking a new residence or a smart investment opportunity. Current Rental Income is $2,700.
  1. Listed by Michelle A. Tapia • Real • (917) 286-7674

Property Details for 778 South 16th Street

Style
Colonial
Sub style
Other
Waterfront
None
Garage
None, O/See Remk
LISTING UPDATED: 10/08/2024 09:59 AM

Property Details for 778 South 16th Street

StatusActive - Atty Revu
MLS #24029177
Days on Market104
Taxes$5,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Colonial
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyEssex County

Building Information for 778 South 16th Street

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

Property Information for 778 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: 778
  • Street Direction: South
  • Zip Code: 07103
Taxes and HOA Information
  • Association: None
  • Additional subst: None
  • Ease assessment: None Known
  • Tax: $5,300
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00033
  • Lot description: Regular
  • Year Built: 1900-1939
  • Views exposure: None
  • Block: 02635
Property and Assessments
  • Photo: Y
  • Photo Number: 26
  • CourtAppYN: Yes
Utilities
  • Sewer: Municipal
  • Heatcool: Gas, Radiators
  • Cooling Type: Gas, Radiators
Interior and Exterior Features
Interior Features
  • Bedrooms: 5
  • Baths full: 2
  • Baths partial: 0
  • Floor 1St: Living Room, Dinning Room, Kitchen, 1st Bathroom
  • Floor 2Nd: Three Bedrooms, 2nd Bathroom
  • Floor 3Rd: Two Bedrooms
  • Basement: Unfinished
  • Number of rooms: 8
  • Lifestyle: None
  • Full Baths Total: 2
  • Num of Baths: 2.0
Exterior Features
  • Fireplace: None
  • Exterior: Vinyl
  • Miscellaneous: None
  • Pool: N
  • Pool Type: None
Agent
Sale and Listing Information
  • Search Class: RES
  • List Price: $318,888.00
  • Listing Date: 09-10-2024
  • Status Date: 10-08-2024
  • Auction: *
Showing Information
  • Internet Remarks: Welcome to this fantastic home, offering incredible value with low taxes and solid bones. Perfect for both prospective homeowners and investors looking to expand their portfolios. The property features five generously sized bedrooms and two well-maintained full bathrooms. Tenants are currently up to date with their payments, but the property can be delivered vacant if preferred. This home combines comfort and practicality, making it an ideal choice for anyone seeking a new residence or a smart investment opportunity. Current Rental Income is $2,700.

Property History for 778 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 778 South 16th Street

Taxable ValueLand$31,300Additions$110,100Total$141,400
Tax Record2023$5,271 ($439 / month)
Home Facts
Beds0Total Finished SqFt1,760 SqFtAbove Grade Finished SqFt1,760 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1920CountyESSEXAPN14 02635-0000-00033

Schools near 778 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
Hawthorne Avenue Elementary School
PublicPK to 8

Belmont-Runyon Elementary School
PublicPK to 8

George Washington Carver 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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778 South 16th Street is a single family home for sale in Newark, NJ 07103. This property was listed for sale on September 10, 2024 by Real, it's currently listed at $318,888. It has been on the market for a total of 104 days and was last sold on September 7, 2021. This listing's school district is The Newark Public School District. Nearby schools include Hawthorne Avenue Elementary School, Belmont-Runyon Elementary School and George Washington Carver Elementary School. 778 South 16th Street is a 5-bed, 2-bath, single 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 Real, Michelle A. Tapia

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: 12/25/2024 04:14 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: 12/25/2024 04:14 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.