Renovated Duplex with Solar
For Sale
$735,000
Pending
464-466 S 16Th St, Newark, NJ 07103
Multi-Family, 2-Two Story, Newark City, NJ
Property SizeContact for details
Lot Size0.11 Acres
Days on Market63
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
Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
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
Pending
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
Amenities
solar panels
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 28
Last Checked: Sep 2 at 11:06AM
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 duplex was completely renovated with upgrades throughout, including hardwood flooring, newer custom windows, and central air conditioning. The property includes two family residences with three bathrooms, a fenced exterior, metal fencing, storm doors, and a shingle roof. Solar panels are leased, with transfer to the new owner available under the existing arrangement.
Built in 2002, the property sits on a 0.11-acre lot and is served by public water and public sewer. Cable service is available. Its Newark City location places it near Rutgers Hospital and Newark Airport, with access to the Garden State Parkway and I-280 in both directions.
Built in 2002, the property sits on a 0.11-acre lot and is served by public water and public sewer. Cable service is available. Its Newark City location places it near Rutgers Hospital and Newark Airport, with access to the Garden State Parkway and I-280 in both directions.
Key Highlights
- Renovated duplex with two family residences and three bathrooms
- Leased solar panels transferable to the new owner
- Hardwood floors and newer custom windows
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?
Duplex - Updated two-family property with hardwood floors, central air, newer custom windows, and leased solar panels transferable to the next owner.
Where is this duplex 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: Renovated duplex with two family residences and three bathrooms; Leased solar panels transferable to the new owner; Hardwood floors and newer custom windows
