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$730,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
See This Home
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Discover an exceptional opportunity with this newly renovated and well-maintained two-family home, perfect for investors or owner occupied. Strategically located just 0.2 miles from Bay St Train Station and in close proximity to Montclair's dynamic dining, shopping, and vibrant cultural scene, this property presents a unique chance to live in one unit while generating rental income from the other, perfectly balancing personal use with investment growth potential. The inviting front Porch sets the tone for the bright and comfortable interiors found throughout. Unit 1 offers a single-level layout featuring a bright eat-in Kitchen, spacious Living Room, a cozy Den, one Bedroom, and a full Bath ideal for guest suite. Easy access to back patio and rear yard. Unit 2 spans two levels, providing generous space and flexibility. This unit includes an eat-in Kitchen, Den, three well-sized Bedrooms, a full Bath, and a convenient Jack-and-Jill Bathroom perfect for shared access between the two-3rd level two Bedrooms. Full unfinished Basement with Laundry and lots of storage. Don't miss chance to own a versatile property with great income potential!

Full Property Details for 16 New St

General

  • Price: $730,000
  • Taxes: $10,161 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3969049
  • Updated: 6/20/2025
  • Added to Site: 26 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Curbs, Open Porch(es), Patio, Sidewalk
  • Color: Grey

Location

  • County: Essex
  • Driving Directions: Bloomfield Avenue to New Street

School Information

  • Elementary School: MAGNET
  • Middle School: MONTCLAIR
  • High School: MONTCLAIR

Heating & Cooling

  • Cooling Type: 2 Units, Window A/C(s)
  • Heating Type: 2 Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground, Cable TV Available, Fiber Optic Available, Garbage Included

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: French Drain, Full, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1900
  • Remodeled/Updated: 2024

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Bedrooms, Den, Kitchen, Living/Dining Room
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 25 x 129
  • Driveway/Sidewalk: On-Street Parking, See Remarks
  • Zoning: RESIDENTIAL
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $260,100
  • Land Assmt: $116,100
  • Tax Amount: $10,161
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: None
  • Disclosures: Yes
  • Block: 3101
  • Lot Number: 6

Listed by Weichert Realtors

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Listing agent

— 16 New St —

  • Weichert Realtors

973-220-3050

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 New St

School District:Montclair Public Schools
RatingNameGradesDistance
8
Charles H. Bullock School
55 Washington St, Montclair, NJ 07042
K-50.1 mi
8
Hillside School, Montclair, NJ
54 Orange Rd, Montclair, NJ 07042
3-50.8 mi
NR
Nishuane School
32 Cedar Ave, Montclair, NJ 07042
PK-20.8 mi
5
Montclair High School
100 Chestnut St, Montclair, NJ 07042
9-121.1 mi
7
Watchung School
14 Garden St, Montclair, NJ 07042
K-51.4 mi
8
Edgemont Montessori School
20 Edgemont Rd, Montclair, NJ 07042
K-51.6 mi
8
Northeast School, Montclair, NJ
603 Grove St, Montclair, NJ 07043
K-52.8 mi
9
Bradford School
87 Mount Hebron Rd, Montclair, NJ 07043
PK-53.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 New St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/20/2025
Price Reduced
$730,000
-2.01%
MLS
6/12/2025
Listed
$745,000
8.44%
MLS
4/08/2024
Sold
$687,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 New St

Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,818
2%
$298,600
—
2021
$9,648
7%
$298,600
4%
2019
$9,004
2%
$286,200
—
2018
$8,855
4%
$286,200
26%
2017
$8,491
3%
$227,400
—
2016
$8,264
3%
$227,400
—
2015
$8,018
7%
$227,400
—
2013
$7,506
—
$227,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Weichert Realtors

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16 New Street, Montclair, NJ 07042 (MLS# 3969049) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 16 New Street is currently listed for $730,000 and was received on June 12, 2025. Want to learn more about 16 New Street? Do you have questions about finding other Multi-Family real estate for sale in Montclair? You can browse all Montclair real estate or contact a Coldwell Banker agent to request more information.

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