163 North 16th Street

East Orange, NJ 07017

$475,000
Last Sold Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Live in one unit and collect rent from the other 2 units. With a little TLC, this multi-family can make a perfect investment for owner occupant. 1st fl features 3 bedrooms in which tenant is using one for a family room. Owner currently occupies the 2nd level which has 3 bedrooms with one having a separate closet room. 3rd fl unit has 2 bedrooms with additional space that can be used for storage or an office. Tenants pay separate utilities. Units 1 & 2 have eat-in kitchens and one full baths with...Live in one unit and collect rent from the other 2 units. With a little TLC, this multi-family can make a perfect investment for owner occupant. 1st fl features 3 bedrooms in which tenant is using one for a family room. Owner currently occupies the 2nd level which has 3 bedrooms with one having a separate closet room. 3rd fl unit has 2 bedrooms with additional space that can be used for storage or an office. Tenants pay separate utilities. Units 1 & 2 have eat-in kitchens and one full baths with tub showers in each. Basement has potential for additional storage or laundry hook-up space. Separate entrances to each unit. Property is defined as three family residence.
  1. Listed by MARSHA BOWEN-WASHINGTON • COLDWELL BANKER REALTY

Property Details for 163 North 16th Street

Directions
Park Ave to N 16th St.
Days On Market
114

Location

Add your commute
LISTING UPDATED: 02/16/2024 03:03 AM

Property Details for 163 North 16th Street

StatusSold
MLS #3801131
Days on Market114
Taxes$10,070 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.08 AC / 3,484 SF
CountyEssex County

Location

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Building Information for 163 North 16th Street

Stories-Residences3Year Built1910Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$3,431 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$839

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 163 North 16th Street

Summary
Location and General Information
  • Active Days on Market: 114
  • County #: Essex
  • Town Name: East Orange City
  • Block Identifier: 72
  • Listing Type: Exclusive Right to Sell
  • Town #: 1605.0
  • Street # Display: 163.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: N 16Th St
  • Zip Code: 07017-5306
  • 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: $10,070
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 366700.0
  • Tax ID For Property: 1605-00072-0000-00009-0000-
  • Tax Rate Amount: $6
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2021
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 9
  • Approximate Lot Size: 31X108
  • Total Acres: 0.08
  • Construction Date/Year Built: 1910
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 303000.0
  • Assessment Land: 63700.0
Utilities
  • Cooling: No Cool
  • Services: Cable TV Available, Fiber Optic Available, Garbage Included
  • Utilities: Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Interior Features: Vinyl-Linoleum Floors, Window Treatments
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • 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: 1200.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Gas
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • 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: 9999.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room, Storage
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Expenses Include: Cold Water, Gas, Heat, Insurance
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $10,005.00

Property History for 163 North 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 163 North 16th Street

Taxable ValueLand$63,700Additions$303,000Total$366,700
Tax Record2022$10,656 ($888 / month)
Home Facts
Beds0Total Finished SqFt2,983 SqFtAbove Grade Finished SqFt2,983 SqFtStories3Lot Size3,350 SqFtStyleSingle Family ResidenceYear Built1910CountyESSEXAPN05 00072-0000-00009

Schools near 163 North 16th Street

This home is within East Orange School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Gordon Parks Academy Elementary School
PublicPK to 2

Sojourner Truth Middle School
Public6 to 8

Patrick F Healy Middle School
Public6 to 8

John L Costley Middle School
Public6 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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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 COLDWELL BANKER REALTY, MARSHA BOWEN-WASHINGTON

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 04/25/2024 08:44 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.