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Map
$335,000
●
Multifamily -
Off Market
859-861 South 16th Street
Newark, NJ 07108
6 Beds
2 Baths
$2,066
Estimated Monthly
$0
HOA / Fees
32.88%
Cap Rate
About This Property
INVESTOR READY! Legal 2 family with THREE levels of living space.
Just needs to be finished, currently fully gutted down to studs.
AMAZING space inside with endless opportunities including the full
basement ready to be finished. PERFECT to keep as a rental or to
convert to air bnb and/or other small business ideas! GET CREATIVE
and this property can be a CASH COW. Will not last long in this hot
market ESPECIALLY with interest rates dropping.
Unit Size
-
Days on Market
76 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$421
HOA Dues
-
Year Built
1905
Last updated: 4 days ago (NJMLS #24004984)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 26, 2024 | Sold | $335,000 | |
Sold | |||
Mar 15, 2024 | In contract | - | |
In contract | |||
Feb 10, 2024 | Listed by EXP Realty, LLC | $300,000 | |
Listed by EXP Realty, LLC |
Property Highlights
Fireplace
Parking Details
None
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Bathrooms: 2
Room Information
Total Rooms: 12
Fireplace Information
1 Fireplace
Exterior Details
Property Information
View: None
Building Information
Year Built: 1900-1939
Financial Details
Tax: $5,047
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
5
Beds
2
Baths
-
$314,900
Sep 27, 2023
$314,900
Sep 27, 2023
$740/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
859 South 16th Street
859 South 16th Street, Newark, NJ 07108
- 2 Units for Sale