Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    413 S 16Th St Newark, NJ 07103

    For Sale
    $699,000

    Fully renovated two-family home with parking for up to 8 cars.

    Lot size:
    0.10 Acres

    Property Features for 413 S 16Th St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1920

    Source: KELLER WILLIAMS - NJ METRO GROUP Agent WILLIAM BARRAZA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Family Home, Oversized Lot

    This fully renovated two-family home is situated on an oversized double lot. The property includes a spaciously paved yard and parking for up to 8 cars. Unit 1, encompassing the first floor and basement, features 4 bedrooms and 2 full baths. The main level of Unit 1 includes 2 bedrooms, a full bath, an updated kitchen, a living room, a washer/dryer, and a private balcony. The finished basement adds 2 bedrooms, 1 full bath, and ample closet space. Unit 2, located on the second and third floors, offers 4 bedrooms and 3 full baths. The second floor of Unit 2 includes 2 bedrooms, 1 bath, an eat-in kitchen, and a washer/dryer. The third floor boasts 2 spacious primary bedrooms, each with its own en-suite bath and generous closets. The property is move-in ready and located close to places of worship, shopping, and major highways, making it ideal for investors.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2060749
    Latitude
    40.7418479

    Nearby Similar for Sale

    • $699,000
      Pending

      Renovated Multi-Family Home in Newark

      Renovated two-family home with modern updates and convenient location.
      35-37 Vernon Ave, Newark, NJ 07108
      View Details
    • New
      $569,000
      2,080 SF

      Renovated Newark Two-Family Home

      Fully renovated, vacant two-family home in Newark with high rental potential.
      366 Badger Ave, Newark, NJ 07112
      View Details
    • $4,000,000
      9,999 SF

      Newark City Commercial Investment Opportunity

      Commercial building in established Newark neighborhood, ideal for medical practices.
      461-467 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • $599,000
      Pending

      Renovated Newark Multi-Family Home

      Fully renovated 2-family home with high rental potential.
      440 Summer Ave, Newark, NJ 07104
      View Details
    • $599,900

      Newark Three-Family Home For Sale

      Spacious three-family home with income potential in Newark, NJ.
      99 Alexander St, Newark, NJ 07106
      View Details
    • $599,900
      2,100 SF

      Spacious Three-Family Home in Newark

      Three-unit property with strong rental income potential near schools.
      99 Alexander St, Newark, NJ 07106
      View Details

    FAQs

    What type of property is this?
    Duplex - Fully renovated two-family home with parking for up to 8 cars.
    Where is this duplex located?
    The property is located at 413 S 16Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Fully renovated two-family home, move-in ready.; - Oversized double lot with spaciously paved yard.; - Parking for up to 8 cars.
    (973) 783-7400
    Request Owner's contact information
    413 S 16Th St Newark, NJ 07103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    413 S 16Th St
    Newark, NJ 07103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    413 S 16Th St Newark, NJ 07103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.