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286 16th Ave Newark, NJ $ 1,350,000
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$ 1,350,000 Get more info
286 16th Ave
$ 1,350,000
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286 16th Ave

Newark, NJ, 07103
$ 1,350,000
Baths0.6 Sq 5,540

Monthly Estimate*

$ 8,973

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Studio

Multi-Family Home for sale in Newark, NJ

for $1,350,000 with 6 half baths. This 5,540 square foot home was built in 1930 on a lot size of 0.16.

Welcome to 286-290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286-290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full potential.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Half Bath

6

Property Type

Multi-Family

Taxes

$ 13,446

Style

1-One Story, Fourplex

Lot Size

0.16

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

3902504
Features
General
Interior Features Carbon Monoxide Detector Fire Extinguisher Smoke Detector Tile Floors
Sewer Public Sewer
Heating 4+ Units Floor/Wall Heater Forced Hot Air
Cooling 3 Units Central Air See Remarks Window A/C(s)
Utilities Gas-Natural
Possession At Closing
Roof Flat
Water Heater Gas
Exterior Features Deck OutDrKit Patio FencWood
Architectural Style 1-One Story Fourplex
Year Built 1930
Township Newark City
Tax Year 2023
Gross Income 72000
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 14
Status Active
Directions Grove St. to 16th Ave.
Open Parking Spaces 0
Total Units 4
Street Name 16th Ave
Tax Annual Amount 13446
Drive None
Days on Market 0
Standard Status Active
Tax Assessed Value 360700
Town # 1614
Tax Lot 4
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Interior
Basement Bilco-Style Door Full Unfinished Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 0
Unit 3 Baths Total 1.0
Unit 3 Beds Total 0
Unit 4 Baths Total 2.0
Unit 4 Beds Total 0
Fuel Type Gas-Natural
Full Baths 0
Half Baths 6
Total Bedrooms 0
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Stucco
Building Area Total 5540
Lot Dimensions 68.2X100
Lot Size Acres 0.16
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* Excluded Features
List By
RIYERBIN TINEO

Listing Agent

Lim Bances Realty

Broker

Affordability Calculator

$10,093
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$1,121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/17/2024$1,350,000 Listed Price

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286 16th Ave, Newark, NJ, 07103 is a Multi-Family Home for sale at $1,350,000 with 5,540 sqft and a lot size of 0.16. 286 16th Ave is a studio with 0.6 baths and was built in 1930. The property's zip code is 07103 which is in Newark, NJ

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