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New-Construction Triplex With Garage
New
For Sale
$975,000

686 S 16Th St, Newark, NJ 07103

Three matching residences offer three bedrooms, two full baths, central air, and finished oak and ceramic surfaces throughout.

Property Size5,058 SF
Price / SF$192.76
Days on Market3

Property Features for 686 S 16Th St

General Information

Standard status Active
Size 5,058 SF
Total Parking Spaces 2
Property subtype Multi Family

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

central air conditioning

Building Details

Year Built 2026
Buildings 1
Units 3
Listing Agency: ROSA AGENCY
Listed By: SHAWN ROSA · License #274328
Source: Elliman
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 13 at 7:55AM

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 ROSA AGENCY

Investment Insights

Based on property information with market context.

Completed in 2026, this triplex contains 5,058 square feet of residential space across three separate units. Each residence provides three bedrooms and two full bathrooms, with central air conditioning and a mix of oak flooring and ceramic tile. A built-in garage accommodates two vehicles, adding integrated parking to the property’s configuration.

The property is located at 686 S 16th St in Newark, New Jersey. Walk Score is 78, Transit Score is 68, and Bike Score is 51, reflecting access to walking, public transportation, and bicycle travel. The property may also qualify for a five-year property tax abatement. Floor plans are available in the media section.

Key Highlights

  • Triplex completed in 2026 with 5,058 square feet of residential space
  • Three units, each with 3 bedrooms and 2 full bathrooms
  • Built‑in 2‑car garage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Carpet & Flooring Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,185
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?
Triplex - Three matching residences offer three bedrooms, two full baths, central air, and finished oak and ceramic surfaces throughout.
Where is this triplex located?
The property is located at 686 S 16Th St Newark, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Triplex completed in 2026 with 5,058 square feet of residential space; Three units, each with 3 bedrooms and 2 full bathrooms; Built‑in 2‑car garage
More about this property
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