Mixed-Use Property with Residential
For Sale
$375,000
319 16th Avenue, Newark, NJ 07103
Two-story configuration pairs vacant commercial space with an upper-level residence.
Property SizeContact for details
Days on Market133
Property Features for 319 16th Avenue
General Information
Standard status
Active
Property subtype
Multi Family / 2-Two Story
Taxes and HOA fees
Annual Taxes
$6,598
Amenities
Yes
No
Asphalt Shingle, Rubberized
Unfinished
Aluminum Siding
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
MIG REAL ESTATE
(973) 771-5170
Listed By:
OWANATE EREKEOSIMA · License #305059
(973) 771-5170
Source:
Compass
Added: Apr 19
Changed: Aug 29
Last Checked: Aug 29 at 2:59PM
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 MIG REAL ESTATE
Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use property combines a vacant first-floor commercial space with a three-bedroom, one-bath residential unit on the second floor. The commercial area was previously used as a restaurant and offers a flexible footprint for a future business or other permitted commercial application. A separate bonus area behind the commercial space adds additional interior capacity for storage, expansion, or auxiliary use, subject to verification of permitted uses.
The property is located near major roadways, public transportation, and neighborhood amenities. Exterior features include aluminum siding, while the interior includes an unfinished area that can support additional storage or customization, subject to applicable requirements.
The property is located near major roadways, public transportation, and neighborhood amenities. Exterior features include aluminum siding, while the interior includes an unfinished area that can support additional storage or customization, subject to applicable requirements.
Key Highlights
- Mixed‑use property with vacant first‑floor commercial space and second‑floor residential unit
- Three‑bedroom, one‑bath residential unit on the second floor
- First‑floor commercial area was previously used as a restaurant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
7,032 visits/mo
0.2 miles
Caliber Collision
Shops & Services
706 visits/mo
0.2 miles
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 Retail 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?
Mixed-use property - Two-story configuration pairs vacant commercial space with an upper-level residence.
Where is this mixed-use property located?
The property is located at 319 16th Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Mixed‑use property with vacant first‑floor commercial space and second‑floor residential unit; Three‑bedroom, one‑bath residential unit on the second floor; First‑floor commercial area was previously used as a restaurant
