889 S 16th St Newark, NJ 07108
Clinton Hill NeighborhoodEstimated payment $4,126/month
About This Home
Introducing a remarkable 3-family residence in the heart of Newark! Discover a rare investment opportunity in this beautifully maintained home, perfectly located near downtown Newark, major highways, and the airport. Enjoy the perfect blend of convenience, accessibility, and potential for rental income. Features:- 3 units- Prime location near downtown Newark- Easy access to major highways- Close proximity to the airport- Excellent investment potential Don't miss out on this incredible opportunity to own a piece of Newark's vibrant real estate market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,289
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25x100
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 30 / 3012
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 | $5,186 | $139,100 | $11,300 | $127,800 |
| 2024 | $5,186 | $139,100 | $11,300 | $127,800 |
| 2022 | $5,197 | $139,100 | $11,300 | $127,800 |
| 2021 | $5,194 | $139,100 | $11,300 | $127,800 |
| 2020 | $5,286 | $139,100 | $11,300 | $127,800 |
| 2019 | $5,232 | $139,100 | $11,300 | $127,800 |
| 2018 | $5,137 | $139,100 | $11,300 | $127,800 |
| 2017 | $4,952 | $139,100 | $11,300 | $127,800 |
| 2016 | $4,785 | $139,100 | $11,300 | $127,800 |
| 2015 | $4,603 | $139,100 | $11,300 | $127,800 |
| 2014 | $4,313 | $139,100 | $11,300 | $127,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Rent | $2,650 | 0.0% | -- | |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- | |
| 03/14/2025 03/14/25 | For Sale | $699,900 | 0.0% | -- | |
| 02/12/2025 02/12/25 | Off Market | $699,900 | -- | -- | |
| 01/13/2025 01/13/25 | For Sale | $699,900 | +332.0% | -- | |
| 12/06/2018 12/06/18 | Sold | $162,000 | -10.0% | $56 / Sq Ft | View Prior Sale |
| 08/20/2018 08/20/18 | Pending | -- | -- | -- | |
| 05/25/2018 05/25/18 | For Sale | $180,000 | +50.6% | $62 / Sq Ft | |
| 01/23/2015 01/23/15 | Sold | $119,500 | +19.5% | $41 / Sq Ft | View Prior Sale |
| 08/04/2014 08/04/14 | Sold | $100,000 | -- | $35 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $755,000 | Old Republic National Title | |
| Deed | $390,000 | Hometown Title Ins Agcy Llc | |
| Deed | $162,000 | -- | |
| Deed | $280,000 | -- | |
| Deed | $170,000 | -- | |
| Deed | $58,190 | -- | |
| Quit Claim Deed | $58,200 | -- | |
| Deed | $200,000 | Ideal Title Agency | |
| Bargain Sale Deed | $57,000 | Ideal Title Agency Llc | |
| Deed | $185,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $776,797 | No Value Available | |
| Closed | $776,797 | New Conventional | |
| Previous Owner | $225,000 | Construction | |
| Previous Owner | $382,936 | FHA | |
| Previous Owner | $230,100 | New Conventional | |
| Previous Owner | $274,928 | FHA | |
| Previous Owner | $196,377 | FHA | |
| Previous Owner | $254,300 | FHA |
Source: New Jersey MLS
MLS Number: 25002196
APN: 14-03012-0000-00030
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