472 S 16Th St, Newark City, NJ 07103
See all 17 photos
472 S 16Th St, Newark City, NJ 07103
472 S 16Th St, Newark City, NJ 07103
472 S 16Th St, Newark City, NJ 07103
472 S 16Th St, Newark City, NJ 07103
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
James Hogan

James Hogan

+1(973) 830-9186
$ 650,000
Est. payment /mo
Save
Under Contract

472 S 16Th St Newark City, NJ 07103

9 Beds

5 Baths

4,510 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $144

MLS Listing ID 4011243

Style 3-Three Story

Bedrooms 9

Full Baths 5

Year Built 1915

Annual Tax Amount $6,026

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

3-Family Investment Property offering 9 bedrooms / 5 full baths. Renovated in 2019 with impeccable hardwood floors throughout. Separate utilities, including 3 individual HVAC systems. Semi-finished basement with separate entrance. All units have similar floor plans; However, units 2 and 3 come with primary bedrooms with en-suite / private baths. Kitchens are generously sized with expansive cabinetry and ample countertop space, featuring true eat-in layouts that accommodate dining areas. All five bathrooms include shower stalls and soaking tubs. Basement is standing height, full size, and offers substantial space with potential for additional use. The current rent roll is $5,400 per month; however, projected market rents support approximately $7,500 per month, equating to $90,000 annually. With annual taxes of approximately $6,026 the property offers strong income potential and significant upside for improved cash flow and return on investment. Proximity to NYC trains and buses. Approximately 7 minutes to Newark International airport and 20 minutes to Midtown NYC

Location

State NJ

County Essex

Rooms

Basement Finished-Partially, Full, Walkout

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
James Hogan

James Hogan

Agent | License ID: 1757961

+1(973) 830-9186

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from James Hogan, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

472 S 16Th St