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Updated 3-Bedroom Apartment in Triplex
For Lease
$3,000/Mo

764 S 16Th St 2, Newark, NJ 07103

Semi-furnished 3-bedroom unit includes an in-unit laundry room with washer and dryer, plus a backyard for outdoor use.

Space SizeContact for details
Days on Market17

Property Features for 764 S 16Th St 2

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1952
Listing Agency:
Listed By: KYLE VAZQUEZ
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 9 at 9:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KYLE VAZQUEZ

Investment Insights

Based on property information with market context.

This beautifully updated 3-bedroom apartment is offered semi-furnished and provides a practical layout for comfortable everyday living. The unit features a fully equipped kitchen with a refrigerator, oven, and dishwasher, along with a washer and dryer located in the laundry room. Each bedroom is described as having generous space and natural light. A backyard area is included for outdoor relaxing or entertaining.

The property is located at 764 S 16Th St in Newark, NJ, within convenient reach of public transportation, shops, and dining. Provided mobility indicators include a walk score of 70 (somewhat walkable), a transit score of 56 (good transit), and a bike score of 48 (somewhat bikeable).

Two of the three total units are available in the same house, and all three units are described as similar 3-bedroom apartments.

Key Highlights

  • Updated 3‑bedroom apartment in a house built in 1952
  • Semi‑furnished unit with a fully equipped kitchen including refrigerator, oven, and dishwasher
  • Washer & dryer included in the laundry room

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,502
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Semi-furnished 3-bedroom unit includes an in-unit laundry room with washer and dryer, plus a backyard for outdoor use.
Where is this triplex located?
The property is located at 764 S 16Th St 2 Newark, NJ.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Updated 3‑bedroom apartment in a house built in 1952; Semi‑furnished unit with a fully equipped kitchen including refrigerator, oven, and dishwasher; Washer & dryer included in the laundry room
More about this property
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