$699,999
PENDING

859 S 16th St Unit 861 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated payment $4,110/month

Total Views 1,846
7 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover this beautifully renovated 2-family home in the heart of Newark, NJ, offering modern living and a fantastic investment opportunity! Conveniently located near major highways and public transportation, commuting is a breeze.This spacious property features a total of 7 bedrooms and 6 bathrooms, providing ample space for storage. Enjoy an open floor layout with bright and airy living spaces, spacious bedrooms, and contemporary finishes throughout. The finished basement offers additional versatility for storage, a recreational area, or a home office.Don't miss out on this incredible opportunity to own a move-in-ready multi-family home in a prime location! Schedule your showing today

Listing Agent

JOSHUA CARMONA

LIFESTYLE INTERNATIONAL REALTY Brokerage Phone: 201-250-2417 Listed on: 09/24/2025

LIFESTYLE INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1900 | Remodeled

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Walk-Out Basement
  • 3,920 Sq Ft Lot

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-03012-0000-00015-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1900
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Directions: Madison to S 16th Street
  • I D: 5386928
  • Attribution Contact: 201-250-2417
  • MLS Status: Under Contract
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Finished, Walkout

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 38X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5137
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03012-0000-00015-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,037 $135,100 $12,900 $122,200
2024 $5,037 $135,100 $12,900 $122,200
2022 $5,047 $135,100 $12,900 $122,200
2021 $5,045 $135,100 $12,900 $122,200
2020 $5,134 $135,100 $12,900 $122,200
2019 $5,081 $135,100 $12,900 $122,200
2018 $4,989 $135,100 $12,900 $122,200
2017 $4,810 $135,100 $12,900 $122,200
2016 $4,647 $135,100 $12,900 $122,200
2015 $4,470 $135,100 $12,900 $122,200
2014 $4,189 $135,100 $12,900 $122,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $699,999 +109.0% --
04/26/2024 04/26/24 Sold $335,000 +11.7% -- View Prior Sale
03/15/2024 03/15/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $299,999 +1718.2% --
10/14/2016 10/14/16 Sold $16,500 -44.8% -- View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $29,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $335,000 None Listed On Document
Special Warranty Deed $16,500 None Available
Personal Reps Deed $211,186 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $462,000 Construction
Source: Public Records

Source: Garden State MLS

MLS Number: 3988677

Garden State MLS

APN: 14-03012-0000-00015