859 S 16th St Unit 861 Newark, NJ 07108
Clinton Hill NeighborhoodEstimated payment $4,110/month
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
LIFESTYLE INTERNATIONAL REALTY Brokerage Phone: 201-250-2417 Listed on: 09/24/2025
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-
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $462,000 | Construction |
Source: Garden State MLS
MLS Number: 3988677
APN: 14-03012-0000-00015