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822 S 16Th St, Newark City, NJ 07108

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For Sale

$550,000

8 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This 2-family property offers a total of 8 bedrooms and 2 full baths, plus a full basement, all situated on a 25x100 lot. With high ceilings, large bedrooms, and 2 bonus attic rooms that could be converted into a studio or additional living space if desired. This property provides multiple options for redevelopment.Excellent opportunity for investors seeking a renovation or resale opportunity, as well as first-time buyers interested in renovation or rehab, this home offers excellent rental potential. It's just minutes from major highways and only 30 minutes from NYC.Whether you're looking to renovate and flip or hold for steady rental income, this property represents a strong long-term investment opportunity.
MLS# 3991369

Courtesy Of Real Broker LLC

(855) 450-0442

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven - Gas, Range
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.06 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 822 S 16Th St, Newark City, NJ 07108

Home seller CENTURY 21 Alliance Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alliance Realty

(908) 587-5222
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.