Welcome to 558 S 18th St, a mixed-use property being sold along with 286 - 290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Property Details
Property Features
Listing Office:
Office Name: Lim Bances Realty
Listing Agent: Lim Bances
Interior Features
Interior Information:
Basement: Yes
Fireplace: None
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Mason/stucco, None
Parking Information:
Attached Garage: No
Parking: None
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $1,350,000
Tax Information:
Annual Amount: $7,239
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Newark, NJ.
This property is $953.8K more than the Median Sold Price in Newark, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #24015348
Listing Office:
Office Name: Lim Bances Realty
Listing Agent: Lim Bances
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
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, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,239
$283,000
2019
$10,451
$283,000
2018
$10,075
$283,000
2017
$10,075
$283,000
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Grove Street Elementary School
602 Grove St
Distance between this listing and this school0.25 miles
Public District Grades PK-5
2
/10
Harriet Tubman Elementary School
504 S 10th St
Distance between this listing and this school0.42 miles
Public District Grades PK-6
2
/10
University Elementary School
1 University Pl
Distance between this listing and this school0.64 miles
Public District Grades PK-5
Nearby Schools
5
/10
South Seventeenth Street Elementary School
619 S 17th St
Distance between this listing and this school0.20 miles
Public District Grades KG-8
3
/10
Speedway Avenue School
701 South Orange Avenue
Distance between this listing and this school0.67 miles
Public District Grades PK-8
2
/10
University Middle School
255 Myrtle Ave
Distance between this listing and this school0.68 miles
Public District Grades 6-8
Nearby Schools
1
/10
West Side High School
403 S Orange Ave
Distance between this listing and this school0.48 miles
Public District Grades 9-12
4
/10
Bard Early College High School
321 Bergen St
Distance between this listing and this school0.77 miles
Public District Grades 9-12
3
/10
Peoples Preparatory Charter School
321 Bergen St Rm 211
Distance between this listing and this school0.77 miles
The neighbors living near this home have an average income of $55,740. The majority of Newark, NJ residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 558 S 18th St in Newark, NJ and zip code 07103 in the West Ward neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,350,000.
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. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. In October 2024 median list price was $396,125 and the average listing age was 75 days.
From Rocket Homes Real Estate and based on county public records data.