Updated Two-Unit Duplex with
908 S 16Th St, Newark, NJ 07108
New
3-Three Story, Multi-Family - Newark City, NJ
Property size:
3,156 SFLot size:
0.11 AcresPrice / SF:
$237/SF- Added:
- Jun 16, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 21 at 7:06 am
Property Features for 908 S 16Th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 4
- Parking features
- Driveway
- Security features
- Security System
- Interior features
- Carbon Monoxide Detector, High Ceilings, Security System, Smoke Detector, Walk-In Closet, Wood Floors
- Exterior features
- Metal Fence, Sidewalk, Storm Window(s)
- Fencing
- Fenced
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 3,156 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6930
Utilities
- Heating system
- Other (Heating), See Remarks (Heating), Steam
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent EMMANUELLE FLEURINOR (973) 539-1120
Listing office KELLER WILLIAMS METROPOLITAN 44 WHIPPANY ROAD, Morristown, NJ (973) 539-1120
Listing date Jun 16, 2026
MLS# 4034782
Listing URL
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.
HighLights
- Legal two‑family property with generous living space across three levels and abundant natural light
- Updated in 2023 with an updated exterior featuring vinyl siding
- Finished basement for additional flexible space, plus multiple bathrooms (1‑4) and five bedrooms total
- Private driveway with a detached two‑car garage and fenced yard
- Interior features include high ceilings, wood floors, walk‑in closet, security system, and smoke/CO detectors
- Heating includes steam; cooling includes ceiling fans
Overview
This legal two-family duplex is arranged with generous living space across three levels, creating flexible options for owner-occupants and tenants. Updated in 2023, the home features an updated exterior with vinyl siding. A private driveway supports day-to-day access, and there is a detached two-car garage. Additional usable space is provided by a finished basement that can serve as a rec room, storage area, or work-from-home space, depending on your needs. Both units are described as having spacious layouts with abundant natural light and large rooms.
Located in Newark’s Upper Clinton Hill area, the property is positioned for commuter access to major regional routes, including Route 22, I-78, and the Garden State Parkway. Newark Liberty International Airport, NJ Transit, shopping, dining, parks, and downtown Newark are also noted as nearby.
With its updated exterior, separate two-car garage, and finished basement bonus space, this duplex can fit buyers looking for a straightforward two-unit setup, whether for rental income or for flexible household use. The three-level configuration and large-room layouts support a range of furnishing and tenant needs, while the practical access features (private driveway and detached garage) add to day-to-day convenience.
Located in Newark’s Upper Clinton Hill area, the property is positioned for commuter access to major regional routes, including Route 22, I-78, and the Garden State Parkway. Newark Liberty International Airport, NJ Transit, shopping, dining, parks, and downtown Newark are also noted as nearby.
With its updated exterior, separate two-car garage, and finished basement bonus space, this duplex can fit buyers looking for a straightforward two-unit setup, whether for rental income or for flexible household use. The three-level configuration and large-room layouts support a range of furnishing and tenant needs, while the practical access features (private driveway and detached garage) add to day-to-day convenience.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $25.44 |
| − Vacancy | −$3.9k | −$1.23 |
| EGI | $76.4k | $24.21 |
| − OpEx | −$22.9k | −$7.26 |
| NOI | $53.5k | $16.95 |
3,156 SF · lease $25.44/SF/yr · vacancy 4.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$764.0K
$668.5K – $891.4K
NOI $53,482 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$697.5K
$610.3K – $813.8K
NOI $48,825 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$1.12M
$978.4K – $1.30M
NOI $78,275 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Shiloh Assembly Of God ...
Church
Impressive Painting & Designs
Painting
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.21279
- Latitude
- 40.72397
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - A legal two-family duplex with updated exterior, private driveway, detached two-car garage, and finished basement flexibility.
Where is this duplex located?
The property is located at 908 S 16Th St Newark, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Legal two‑family property with generous living space across three levels and abundant natural light; Updated in 2023 with an updated exterior featuring vinyl siding; Finished basement for additional flexible space, plus multiple bathrooms (1‑4) and five bedrooms total
