Three-Story Triplex
16 Monticello Ave Newark, NJ 07106
16 Monticello Ave, Newark, NJ, 07106
$539,900
For Sale
$539,900
MULTI_FAMILY - Newark City, NJ
Lot Size0.09 Acres
Days on Market170
Property Features for 16 Monticello Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Basement
- Parking
- 2
- Standard status
- Active
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7849
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
KELLER WILLIAMS - NJ METRO GROUP
(973) 783-7400
237 LORRAINE AVE, Montclair, NJ
Listed by
JAMES EDGERTON · License #407500
(973) 783-7400
Added: Jan 27 Checked: Jul 16 at 3:06 pm
MLS# 4006965
Listing URL
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 for-sale property is a three-story, multi-family triplex designed to provide residential income potential through multiple units within one building. The offering is categorized as triplexes and residential income property, giving buyers a straightforward, multi-tenant ownership structure.
Located in Newark City, Essex County, the property sits on a small lot size of approximately 0.09 acres. The address is 16 Monticello Ave, Newark City, NJ 07106-1506. As a compact urban lot, the building is suited for buyers seeking a manageable footprint with multi-family configuration.
For investors and owner-occupants looking for a residential income property, a triplex format can support flexible occupancy planning while consolidating ownership and management under one roof. This type of asset is typically considered by buyers who want a multi-unit building rather than a single-family layout, with the practical advantage of having more than one rental unit in the same property boundaries. Prospective buyers should confirm all unit details and operating considerations during due diligence.
Located in Newark City, Essex County, the property sits on a small lot size of approximately 0.09 acres. The address is 16 Monticello Ave, Newark City, NJ 07106-1506. As a compact urban lot, the building is suited for buyers seeking a manageable footprint with multi-family configuration.
For investors and owner-occupants looking for a residential income property, a triplex format can support flexible occupancy planning while consolidating ownership and management under one roof. This type of asset is typically considered by buyers who want a multi-unit building rather than a single-family layout, with the practical advantage of having more than one rental unit in the same property boundaries. Prospective buyers should confirm all unit details and operating considerations during due diligence.
Key Highlights
- Built in 1930
- 5 bedrooms and 4 bathrooms
- Basement available
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For-sale three-story triplex offering residential income versatility in Newark.
Where is this triplex located?
The property is located at 16 Monticello Ave Newark, NJ.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Built in 1930; 5 bedrooms and 4 bathrooms; Basement available
