$879,999
OPEN SAT 2PM - 4PM

896-898 S 16th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated payment $5,727/month

Total Views 337
8 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover an exceptional investment opportunity with this expansive three-family residence, ideally situated on an oversized lot just steps from I-78, the Garden State Parkway, and key transit options. Boasting impressive square footage and a prime location near downtown Newark, this property is perfectly suited for both owner-occupants and seasoned investors seeking strong rental potential. Each of the three generously sized units features high ceilings, abundant natural light, and versatile floor plans that offer both comfort and character. The rare, extra-large lot provides valuable outdoor space ideal for private parking, gardening, or future enhancements making it a true asset in an urban setting. Located within walking distance to NJ Transit, major highways, parks, retail centers, and educational institutions, this home stands out as a premier multi-family. Don't miss this rare chance to own a high-performing property with endless upside in the heart of the city.

Listing Agent

RICHARD OVEDHE

RE/MAX NEW MILLENNIUM GROUP Brokerage Phone: 908-282-1234 Listed on: 08/04/2025

RE/MAX NEW MILLENNIUM GROUP

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,401

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Central Air
  • Multiple Heating Units
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1614-03011-0000-00062-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,401

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2007
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2025
  • Street Number Display: 896-898
  • Directions: Please use google maps.
  • I D: 5376073
  • Modified: 2025-08-07
  • Number Images: 2
  • Attribution Contact: 908-282-1234
  • MLS Status: Active
  • Special Features: 3
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Total Number Rooms: 13
  • Bedrooms: 8
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5

Exterior Features

  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 259100
  • Assessed Land Value: 14400
  • Assessment: 273500
  • Lot Identifier: 62
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10401
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03011-0000-00062-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $879,999 -- --
Source: Garden State MLS

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See All Homes in Newark

Source: Garden State MLS

MLS Number: 3979251

Garden State MLS

New Jersey Essex County Newark 07108 Clinton Hill

896-898 S 16th St, Newark, NJ

This home is located at 896-898 S 16th St, Newark, NJ 07108 and is currently priced at $879,999. This property was built in 2007. 896-898 S 16th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Peshine Avenue Elementary School.

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RICHARD OVEDHE
Listing Agent
RICHARD OVEDHE
Section Image
RE/MAX NEW MILLENNIUM GROUP
(201) 903-9841