Two-Family Residential Building,
For Sale
$735,000
464-466 S 16Th St, Newark, NJ 07103
MULTI_FAMILY - Newark City, NJ
Property SizeContact for details
Lot Size0.11 Acres
Days on Market40
Property Features for 464-466 S 16Th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3
Parking
2
Interior features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior features
Metal Fence, Storm Door(s)
Fencing
Fenced
Lot features
Level Lot, Possible Subdivision
Directions
South Orange Avenue to South 16th St.
Standard status
Active
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6578
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
2002
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
GLOBAL REALTY RESOURCE
(888) 582-2232
Listed By:
PAUL ANYANWU
(973) 641-5700
Added: Jul 2
Changed: Aug 3
Last Checked: Aug 10 at 6:06AM
MLS# 4038204
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This completely renovated two-family home offers upgraded living space with hardwood floors and newer custom windows. The property includes central air cooling, a shingle roof, and safety features such as carbon monoxide detectors and smoke detectors. Exterior features include a metal fence and storm doors.
Set on a lot sized 0.11 acres, the offering also notes a possible subdividable lot measuring 50 x 100, along with an adjoining lot measuring 25 x 100. The home is located close to Rutgers Hospital and Newark airport, with access centralized to major highways including the Garden State and I-280 West or East.
Zoned Residential, the property is served by public water and public sewer, with cable available. Built in 2002, it is positioned as an owner-occupant or investor option, with the flexibility described for subdivision and building on the adjoining lot.
Set on a lot sized 0.11 acres, the offering also notes a possible subdividable lot measuring 50 x 100, along with an adjoining lot measuring 25 x 100. The home is located close to Rutgers Hospital and Newark airport, with access centralized to major highways including the Garden State and I-280 West or East.
Zoned Residential, the property is served by public water and public sewer, with cable available. Built in 2002, it is positioned as an owner-occupant or investor option, with the flexibility described for subdivision and building on the adjoining lot.
Key Highlights
- 0.11‑acre two‑family property zoned Residential
- Completely renovated with hardwood floors and newer custom windows
- Possible subdividable lot of 50 x 100 plus adjoining lot of 25 x 100
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,185
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Completely renovated two-family home with central air, newer custom windows, and public utilities on a fenced property.
Where is this multifamily property located?
The property is located at 464-466 S 16Th St Newark, NJ.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 0.11‑acre two‑family property zoned Residential; Completely renovated with hardwood floors and newer custom windows; Possible subdividable lot of 50 x 100 plus adjoining lot of 25 x 100
