by RHP Realty

See Home Value
Newark 07108 Upper Clinton Hill
859-861 South 16th Street
$335,000
Multifamily - Off Market

859-861 South 16th Street

Newark, NJ 07108
bedrooms
6 Beds
bathrooms
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


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
2 Baths
-
$314,900 Sep 27, 2023
$314,900 Sep 27, 2023
$740/mo
House
6 Beds
2.1 Baths
-
$314,900 Nov 30, -0001
$270,000 Mar 3, 2023
-
House
6 Beds
4 Baths
-
$350,000 Aug 15, 2023
$350,000 Aug 15, 2023
$575/mo
Multifamily
Stu
-
-
$299,900 Nov 30, -0001
$350,000 Jun 17, 2022
-
Multifamily
Stu
-
-
$299,000 Nov 30, -0001
$440,000 Jun 23, 2022
-
Multifamily
Stu
-
-
$300,000 Nov 30, -0001
$340,000 Nov 11, 2022
-
Multifamily
6 Beds
3 Baths
-
$299,900 Nov 3, 2023
-
$382/mo
Multifamily
5 Beds
3 Baths
-
$330,000 Apr 26, 2023
-
$378/mo
Multifamily
7 Beds
-
-
$299,999 Feb 15, 2024
-
-
In Contract
Multifamily
7 Beds
2 Baths
-
$329,000 Mar 8, 2024
-
-
Multifamily
5 Beds
-
-
$339,995 Feb 8, 2024
-
-
In Contract
Multifamily
5 Beds
-
-
$329,000 Mar 4, 2024
-
-

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
More about this Building
859 South 16th Street
Want to find out who owns 859 South 16th Street, Newark, NJ 07108? Get detailed property transactions here .

About Upper Clinton Hill


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