Skip To Content

762 S 16Th St

Newark City, NJ 07103
  • $435,000
  • STATUS: Active
  • ON SITE: 345 Days
  • MLS #: 3901765
UPDATED: 93 min ago
$435,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $218
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

2 Lots together of 25x100 each one, total of 5,000 sqf., on a Redevelopment Zone. Those 2 lots are good to develop a median rise building with 12 new apartments or to build 2 house 2/3 units. See architect for more information. Currently rented for $3,500.00 month. Buyer must do his own diligences. Sold "as is". No environmental issues. Tenant pays utilities and water.

Monthly Payment Calculator



Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-04-24T23:46:21.923.
www.sellwithsikora.com/homes/150500252
Print Image

762 S 16Th St Newark City, NJ 07103

  • Price: $435,000
  • Status: Active
  • On Site: 345 Days
  • Updated: 93 min ago
  • MLS #: 3901765
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,000
SQFT
$218
$/SQFT
1950
Built
County:
Essex
Area:
Newark City
Property Description
2 Lots together of 25x100 each one, total of 5,000 sqf., on a Redevelopment Zone. Those 2 lots are good to develop a median rise building with 12 new apartments or to build 2 house 2/3 units. See architect for more information. Currently rented for $3,500.00 month. Buyer must do his own diligences. Sold "as is". No environmental issues. Tenant pays utilities and water.
Exterior Features

Approximate Lot Size 25X100 + 25x100 Construction See Remarks Exterior Description See Remarks Location Residential AreaSee Remarks Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Parking Lot-Exclusive Roof Description See Remarks

Interior Features

Basement No Cooling 1 Unit Equipment Available See Remarks Heating See Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 2 Office Sq Ft 120

Property Features

Available ImmediatelySee Remarks Expenses Include TaxesWater/Sewer For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 42000 Net Operating Income 35500 Owner Pays See RemarksSewerWater Permitted Use Any Primary Property Type See Remarks Property Type See Remarks Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 1170 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Tenant Pays Cable T.V.ElectricGasHeatHot WaterRepairsSnow Removal Total Operating Expense 6500 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Redvelopment

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Sky Realty Associates: 973-344-8880.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-04-24T23:46:21.923.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3901765-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3901765-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3901765-2.jpg
Logo
eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042