889 S 16th St Newark, NJ 07108
Clinton Hill NeighborhoodEstimated payment $4,177/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 | $5,290 | $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 |
|---|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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