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Three-Level Duplex with Basement
For Sale
Contact for pricing
Pending

519 16th Street, Newark, NJ 07103

Two residential units offer distinct layouts, along with a full unfinished basement for storage.

Property SizeContact for details
Days on Market42

Property Features for 519 16th Street

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Property Condition

Severity Repairs Needed
Evidence the interior is ready for a new vision and thoughtful updates

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 2BR/1BA, 3BR/2BA
Multifamily Units 2

Building Details

Buildings 1
Stories 3
Listing Agency: Vylla Home
Listed By: Michael Morris · License #1012481
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 29 at 7:05PM

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 Vylla Home

Investment Insights

Based on property information with market context.

This duplex at 519 16th Street contains two residential units arranged across three levels. The first-floor residence includes a living room, kitchen, two bedrooms, and one full bathroom. The upper residence spans the second and third floors and provides a living room, kitchen, three bedrooms, and two full bathrooms. A full unfinished basement is shared by the property and adds storage space.

Street parking is available throughout the neighborhood. The home is near public transportation, major highways, schools, parks, shopping, dining, and downtown Newark’s business and cultural districts. Its two-unit configuration and varied floor plans provide a clear framework for renovation or owner occupancy, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • Two residential units distributed across three levels
  • First‑floor unit with 2 bedrooms and 1 full bathroom
  • Upper unit includes 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Nbbg production Recording Studio

Suggested Use

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

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

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,389
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer distinct layouts, along with a full unfinished basement for storage.
Where is this duplex located?
The property is located at 519 16th Street Newark, NJ.
What are key features of this property?
This property features: Two residential units distributed across three levels; First‑floor unit with 2 bedrooms and 1 full bathroom; Upper unit includes 3 bedrooms and 2 full bathrooms
More about this property
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