874 S 16th St

Newark, NJ 07108

$675,000
Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Welcome to this fully renovated, income-producing three-family home located at 874-876 S 16th St. This expansive property offers the perfect combination of modern upgrades, functional layouts, and strong investment potential. The first-floor unit features a well-designed 3-bedroom, 1-bath layout with updated finishes and a seamless flow between living and dining areas. The second-floor unit offers a spacious 3-bedroom, 2-bath configuration, highlighted by a primary suite with a private en-suite bathroom...Welcome to this fully renovated, income-producing three-family home located at 874-876 S 16th St. This expansive property offers the perfect combination of modern upgrades, functional layouts, and strong investment potential. The first-floor unit features a well-designed 3-bedroom, 1-bath layout with updated finishes and a seamless flow between living and dining areas. The second-floor unit offers a spacious 3-bedroom, 2-bath configuration, highlighted by a primary suite with a private en-suite bathroom and walk-in closet ideal for owner-occupants or premium rental income. The third-floor unit includes a 1-bedroom, 1-bath apartment, currently rented at $1,800/month on a month-to-month basis, providing immediate income with flexibility. The property also includes a private driveway with ample parking in the rear, a highly desirable feature in Newark. Conveniently located near major transportation routes such as the Garden State Parkway, Interstate 280, and the New Jersey Turnpike, as well as public transit through NJ Transit, this property offers excellent accessibility. Nearby West Side Park provides convenient access to outdoor recreation. An exceptional opportunity for both investors and owner-occupants seeking a turnkey, high-performing asset in a prime location.
  1. Listed by CRISTIAN AVILA VARGAS • REALTY OF AMERICA

Property Details for 874 South 16th Street

Directions
Springfield Ave to South 16th St
Days On Market
18
LISTING UPDATED: 04/15/2026 05:09 PM

Property Details for 874 South 16th Street

StatusActive
MLS #4017284
Days on Market30
Taxes$12,240 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1906
Lot Size0.07 AC / 3,049 SF
CountyEssex County
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Location

Listing Courtesy of REALTY OF AMERICA, CRISTIAN AVILA VARGAS
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Building Information for 874 South 16th Street

Stories-Residences3Year Built1906Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

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$4,419 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,399

Property Taxes

$1,020

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 874 South 16th Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 19
  • Renovated Year: 2025
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 3011
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: S 16Th St
  • Zip Code: 07108-1299
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,240
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 306100.0
  • Tax ID For Property: 1614-03011-0000-00074-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop
Property
Lot Information
  • Lot Identifier: 74
  • Approximate Lot Size: 32.10X100
  • Total Acres: 0.07
  • Construction Date/Year Built: 1906
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 293800.0
  • Assessment Land: 12300.0
  • Attorney Review in Progress: *
Utilities
  • Cooling: See Remarks
  • Utilities: All Underground
  • Water: Public Water
  • Heating: Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1400.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1400.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Gas
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Water
  • Unit 3 Rent: 1800.0
  • Unit 3 Room Description: Bedrooms, Living Room, See Remarks
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 1800.0
  • Unit 3 Sq Ft: 1100.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: Cold Water
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 874 South 16th Street

DateEvent & SourcePriceAppreciation
Mar 28, 2026

Listed (Active)

GSMLS #4017284

$675,000—
Feb 7, 2026

Temporarily Off Market

GSMLS #4000919

—
Feb 4, 2026

Price Change

GSMLS #4000919

$745,000—
DateEvent & SourcePrice
03/28/2026

Listed (Active)

GSMLS #4017284

$675,000
02/07/2026

Temporarily Off Market

GSMLS #4000919

—
02/04/2026

Price Change

GSMLS #4000919

$745,000

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

Schools near 874 South 16th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
South Seventeenth Street Elementary School
Public - PK to 8
Belmont-Runyon Elementary School
Public - PK to 8
George Washington Carver Elementary School
Public - PK to 8
Hawthorne Avenue Elementary School
Public - PK to 8
Rating
School
Distance
South Seventeenth Street Elementary School
PublicPK to 8

Belmont-Runyon Elementary School
PublicPK to 8

George Washington Carver Elementary School
PublicPK to 8

Hawthorne Avenue 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.

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More information about 874 South 16th Street, Newark, NJ 07108

874 South 16th Street is a multi-family home for sale in Newark, NJ 07108. This property was listed for sale on March 28, 2026 by REALTY OF AMERICA, it's currently listed at $675,000. It has been on the market for a total of 30 days and was last sold on February 20, 2025. This listing's school district is The Newark Public School District. Nearby schools include South Seventeenth Street Elementary School, Belmont-Runyon Elementary School and George Washington Carver Elementary School. 874 South 16th Street is a 7-bed, 4-bath, multi-family home built in 1906.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 REALTY OF AMERICA, CRISTIAN AVILA VARGAS

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: 04/27/2026 05:32 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 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: 04/27/2026 05:32 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.