Renovated Triplex with
For Sale
$675,000
874 South 16th Street, Newark, NJ 07108
Renovated three-unit property with rear parking and varied apartment layouts.
Property Size1,100 SF
Price / SF$613.64
Days on Market157
Property Features for 874 South 16th Street
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Multi Family / 3-Three Story
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$12,240
Amenities
Yes
No
Asphalt Shingle
Unfinished
Aluminum Siding
Building Details
Year Built
1906
Listing Agency:
REALTY OF AMERICA
(833) 256-4244
Listed By:
CRISTIAN AVILA VARGAS · License #396832
(833) 256-4244
Source:
Compass
Added: Mar 28
Changed: Aug 30
Last Checked: Aug 31 at 12:18AM
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 REALTY OF AMERICA
Investment Insights
Based on property information with market context.
This renovated triplex contains three residential units across a 1,100-square-foot property. The first floor provides a three-bedroom, one-bath layout with separate living and dining areas. A second-floor three-bedroom, two-bath apartment includes a primary suite with its own bathroom and walk-in closet. The top-floor residence is configured as a one-bedroom, one-bath apartment and is occupied under a month-to-month tenancy.
The property includes a private driveway and rear parking. Its Newark location provides access to the Garden State Parkway, Interstate 280, the New Jersey Turnpike, and NJ Transit. West Side Park is also nearby. Built in 1906, the building features aluminum siding, asphalt shingle roofing, and unfinished interior space.
The property includes a private driveway and rear parking. Its Newark location provides access to the Garden State Parkway, Interstate 280, the New Jersey Turnpike, and NJ Transit. West Side Park is also nearby. Built in 1906, the building features aluminum siding, asphalt shingle roofing, and unfinished interior space.
Key Highlights
- Three‑unit residential property with 3‑bedroom, 1‑bath; 3‑bedroom, 2‑bath; and 1‑bedroom, 1‑bath layouts
- 1,100 square feet with renovated interiors
- Second‑floor unit includes a primary suite, private en‑suite bathroom, and walk‑in closet
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Explore this area
Business Placement
Demographics for 07108, NJ
28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Renovated three-unit property with rear parking and varied apartment layouts.
Where is this triplex located?
The property is located at 874 South 16th Street Newark, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three‑unit residential property with 3‑bedroom, 1‑bath; 3‑bedroom, 2‑bath; and 1‑bedroom, 1‑bath layouts; 1,100 square feet with renovated interiors; Second‑floor unit includes a primary suite, private en‑suite bathroom, and walk‑in closet
