16 Poe Avenue

Newark, NJ 07106

$850,000
Price
11
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Come see the crown jewel of Newark's desirable Vailsburg neighborhood! This rarely available, beautifully maintained, brick-faced 3-family home is ready for its new owner! Step off of peaceful and idyllic Poe Avenue and into more than 4,500 square feet of income generating possibilities. All 3 units are spacious with high ceilings, separate hot water heaters, gas meters, electrical boxes and furnaces. All units showcase spacious bedrooms, easy-flowing floor plans and hardwood flooring. The basement...Come see the crown jewel of Newark's desirable Vailsburg neighborhood! This rarely available, beautifully maintained, brick-faced 3-family home is ready for its new owner! Step off of peaceful and idyllic Poe Avenue and into more than 4,500 square feet of income generating possibilities. All 3 units are spacious with high ceilings, separate hot water heaters, gas meters, electrical boxes and furnaces. All units showcase spacious bedrooms, easy-flowing floor plans and hardwood flooring. The basement spans the width of the house and features a half-bathroom as well as a partially finished bedroom. The premises are secured by cameras and a security service that sends alerts directly to the owner's phone. Three detached garages sit directly in the back of the house along with space for three other vehicles to be parked in the back. The driveway allows parking for up to four cars. Located just five minutes from Seton Hall University and one block away from public transportation this property is an investor's dream. Book your tour today!
  1. Listed by GENNIFER STRIBLING • RE/MAX VILLA REALTORS

Property Details for 16 Poe Avenue

Directions
Make a right off of Rte. 510.
Days On Market
29

Location

Listing Courtesy of RE/MAX VILLA REALTORS, GENNIFER STRIBLING
Add your commute
LISTING UPDATED: 04/27/2024 10:43 AM

Property Details for 16 Poe Avenue

StatusActive
MLS #3893261
Days on Market31
Taxes$11,497 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1940
Lot Size0.14 AC / 6,098 SF
CountyEssex County

Location

Listing Courtesy of RE/MAX VILLA REALTORS, GENNIFER STRIBLING
Add your commute

Building Information for 16 Poe Avenue

Stories-Residences3Year Built1940Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$5,597 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$958

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Poe Avenue

Summary
Location and General Information
  • Active Days on Market: 29
  • Renovated Year: 2020
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4180
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 16.0
  • # Parking Spaces: 6
  • County Or Parish: Essex
  • Street Name: Poe
  • Zip Code: 07106-1508
  • 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: $11,497
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 308400.0
  • Tax ID For Property: 1614-04180-0000-00014-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Blacktop
  • # Garage Spaces: 3
  • Garage Description: Detached Garage, On Site
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 14
  • Approximate Lot Size: 60X100
  • Total Acres: 0.14
  • Construction Date/Year Built: 1940
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 282900.0
  • Assessment Land: 25500.0
  • Farm Assessment: No
Utilities
  • Cooling: Ceiling Fan, Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, Refrig
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Pantry
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1500.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, Refrig
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Pantry
  • Unit 2 Rooms: 8.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1500.0
Unit 3 Information
  • Unit 3 Appl/Equip: CarbMDet, CookGas, SecurSys
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Dining Room, Eat-In Kitchen, Living/Dining Room, Pantry
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 1500.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 16 Poe Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 16 Poe Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
B.R.I.C.K. Peshine Academy
PublicPK to 8

East Side High School
Public9 to 12

Louise A. Spencer Elementary School
PublicPK to 8

Belmont-Runyon 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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16 Poe Avenue is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on March 29, 2024 by RE/MAX VILLA REALTORS, it's currently listed at $850,000. It has been on the market for a total of 31 days and was last sold on February 22, 2021. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, East Side High School and Louise A. Spencer Elementary School. 16 Poe Avenue is a 11-bed, 4.5-bath, multi-family home built in 1940.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX VILLA REALTORS, GENNIFER STRIBLING

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 04/29/2024 01:35 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.