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521 S 16th St, Newark City, NJ, 07103

$399,000

Home List Price

$4,738*

Closing Credit

8 Bedrooms
3 Full Baths
Multi

Location

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521 S 16th St, Newark$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1911
HeatingOther, Natural Gas
CoolingNone
BasementYes
MLS #3935535
Lot Size0.06 Acres
StatusActive

About 521 S 16th St

Investors, don't miss out on this incredible opportunity! Located just minutes away from West Side Park, this property is near newer construction and offers a convenient location with easy access to schools, parks, and public transportation. Don't miss your chance to turn this property into a lucrative investment opportunity in the vibrant West Side neighborhood in Newark, NJ! The property is being sold as-is

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1911

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (917) 833-7322

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Curbs, Enclosed Porch(es), Metal Fence, Open Porch(es)

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: B/W 15TH & 16TH AVENUES

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

521 S 16th St vs Newark

1 DAY ON ROCKET

-74 Days

$399,000

+$2.8K More

KEY TAKEAWAY

This property is $2.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3935535

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (917) 833-7322

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-602834
2
/10

  • Grove Street Elementary School

  • 602 Grove St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-602835
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.37 miles

  • Public District Grades PK-6

school-card-donut-602836
2
/10

  • University Elementary School

  • 1 University Pl

  • 0.75 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,897. The most common annual income of people living in Newark, NJ is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›521 S 16th St

This home is located at 521 S 16th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This home, which was built in 1911, sits on a 0.06 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $399,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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