319 16th Avenue

Newark, NJ 07103

$350,000
Price
3
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your next investment opportunity in Newark's bustling West Side! This versatile property includes a working restaurant on the main floor and a bright and airy 3 bedroom residential unit above. Don't miss out on this rare chance to own a multi-use property in one of Newark's most dynamic neighborhoods. Anchored by historic West Side Park and community center and dotted with shopping, dining, and transit options, this vibrant area is stable and welcoming. Priced competitively for a swift...Welcome to your next investment opportunity in Newark's bustling West Side! This versatile property includes a working restaurant on the main floor and a bright and airy 3 bedroom residential unit above. Don't miss out on this rare chance to own a multi-use property in one of Newark's most dynamic neighborhoods. Anchored by historic West Side Park and community center and dotted with shopping, dining, and transit options, this vibrant area is stable and welcoming. Priced competitively for a swift sale, this opportunity won't last long - come make this property yours before someone else does!
  1. Listed by Brendan Dasilva • Keller Williams Realty - NJ Metro Group • (973) 783-7400

Property Details for 319 16th Avenue

Style
2 Family
Sub style
Mixedflr
Waterfront
None
Garage
None

Location

Listing Courtesy of Keller Williams Realty - NJ Metro Group, Brendan Dasilva
Add your commute
LISTING UPDATED: 04/30/2024 10:47 AM

Property Details for 319 16th Avenue

StatusActive
MLS #24008878
Days on Market37
Taxes$6,164 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyEssex County

Location

Listing Courtesy of Keller Williams Realty - NJ Metro Group, Brendan Dasilva
Add your commute

Building Information for 319 16th Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$2,424 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 319 16th Avenue

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: 16th
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Number Numeric: 319
  • Zip Code: 07103
Taxes and HOA Information
  • Tax: $6,164
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00051
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Regular
  • Miscellaneous: None
  • Block: 00337
Property and Assessments
  • Photo: Y
  • Photo Number: 19
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Heatcool: Gas
  • Cooling Type: Gas
Interior and Exterior Features
Interior Features
  • Bedrooms: 3
  • Baths full: 2
  • Baths partial: 0
  • Floor 1St: Restaurant (Sha's Kitchen)
  • Floor 2Nd: 3Bedroom, 1Bathroom, Living/Dining Kitchen
  • Basement: Unfinished
  • Basement Description: Unfinished
  • Number of rooms: 6
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 2
  • Num of Baths: 2.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $350,000.00
  • Listing Date: 03-26-2024
  • Status Date: 04-24-2024
Showing Information
  • Internet Remarks: Welcome to your next investment opportunity in Newark's bustling West Side! This versatile property includes a working restaurant on the main floor and a bright and airy 3 bedroom residential unit above. Don't miss out on this rare chance to own a multi-use property in one of Newark's most dynamic neighborhoods. Anchored by historic West Side Park and community center and dotted with shopping, dining, and transit options, this vibrant area is stable and welcoming. Priced competitively for a swift sale, this opportunity won't last long - come make this property yours before someone else does!

Property History for 319 16th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 319 16th Avenue

Taxable ValueLand$30,000Additions$135,000Total$165,000
Tax Record2022$6,164 ($514 / month)
Home Facts
Stories2Lot Size2,500 SqFtStyleMiscellaneous CommercialCountyESSEXAPN14 00337-0000-00051

Schools near 319 16th Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
South Seventeenth Street Elementary School
PublicK to 8

West Side High School
Public9 to 12

Speedway Academies
PublicK to 8

Thirteenth 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.

Similar Homes

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Similar Sold Homes

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319 16th Avenue is a multi-family home for sale in Newark, NJ 07103. This property was listed for sale on March 26, 2024 by Keller Williams Realty - NJ Metro Group, it's currently listed at $350,000. It has been on the market for a total of 37 days and was last sold on July 2, 2015. This listing's school district is The Newark Public School District. Nearby schools include South Seventeenth Street Elementary School, West Side High School and Speedway Academies. 319 16th Avenue is a 3-bed, 2-bath, multi-family home.

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 Keller Williams Realty - NJ Metro Group, Brendan Dasilva

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 05/02/2024 07:55 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.