822 S 16Th St new

Newark City,NJ 07108

$ 550000

8 Beds

2 Baths

0 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3991369

Style 3-Three Story, See Remarks

Bedrooms 8

Full Baths 2

Year Built 1912

Annual Tax Amount $5,038

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

This 2-family property offers a total of 8 bedrooms and 2 full baths, plus a full basement, all situated on a 25x100 lot. With high ceilings, large bedrooms, and 2 bonus attic rooms that could be converted into a studio or additional living space if desired. This property provides multiple options for redevelopment.Excellent opportunity for investors seeking a renovation or resale opportunity, as well as first-time buyers interested in renovation or rehab, this home offers excellent rental potential. It's just minutes from major highways and only 30 minutes from NYC.Whether you're looking to renovate and flip or hold for steady rental income, this property represents a strong long-term investment opportunity.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, See Remarks

Others

Senior Community No

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