Building Details

Year Built 1950

Stories 3

Listing Agency: Essential Real Estate

Listed By: SHERIE HINNANT · License #1031958 Show Phone

Source: Evrealestate

Added: Jul 28 Changed: Sep 30 Last Checked: Oct 5 at 6:10PM

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Investment Insights

Based on property information with market context.

This three-story residential income property was built in 1950. Interior features include natural gas service, a gas water heater, and a full, unfinished basement. On-street parking is noted.

Key Highlights

• Three‑story residential income property
• Built in 1950
• Full, unfinished basement

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Storage Facility Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,389

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

Questions? Ask Rey

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What type of property is this? Where is this residential income properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential income property - A 1950-built property in Newark includes an unfinished basement and gas water heating.

Where is this residential income property located?

The property is located at 482 S 16Th St Newark, NJ.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Three‑story residential income property; Built in 1950; Full, unfinished basement