896-898 S 16th Str, Newark City, NJ

$879,999

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8

Beds

5

Baths

0.11

Acres

About 896-898 S 16th Str

Discover an exceptional investment opportunity with this expansive three-family residence, ideally situated on an oversized lot just steps from I-78, the Garden State Parkway, and key transit options. Boasting impressive square footage and a prime location near downtown Newark, this property is perfectly suited for both owner-occupants and seasoned investors seeking strong rental potential. Each of the three generously sized units features high ceilings, abundant natural light, and versatile floor plans that offer both comfort and character. The rare, extra-large lot provides valuable outdoor space ideal for private parking, gardening, or future enhancements making it a true asset in an urban setting. Located within walking distance to NJ Transit, major highways, parks, retail centers, and educational institutions, this home stands out as a premier multi-family. Don't miss this rare chance to own a high-performing property with endless upside in the heart of the city.

Features of 896-898 S 16th Str

MLS® # 3979251
Price $879,999
Bedrooms 8
Bathrooms 5.00
Full Baths 5
Acres 0.11
Year Built 2007
Type Multi Family
Style ThreStry
Status Active

Community Information

Address 896-898 S 16th Str
City Newark City
County Essex
State NJ
Zip Code 07108-1121

Amenities

Utilities All Underground
Parking Spaces 2
Parking 2 Car Width
# of Garages 2
Garages Built-In Garage

Interior

Heating Gas-Natural
Has Basement No

Exterior

Exterior See Remarks
Roof Asphalt Shingle

Additional Information

Date Listed August 4th, 2025
Days on Market 83

Listing Details

OfficeRE/MAX NEW MILLENNIUM GROUP
Contact Info908-282-1234

Listing Map

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