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$750,000 Just Listed
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Property Description
Turnkey Shop and building ready for a new order who is ready to take over a mechanic shop that has been in business for over 14 years. Many contracts with Major businesses and personal accounts. Full bath and kitchen. Clean Environmental. Interior all renovated in 2023.Also included in the sale are all the licenses you need! Including: NJDMV Inspection Machine and Active License, Dealer License (Buy and Sells vehicles in auctions), Mechanical License, 3 Vehicle Lifts, Wheel Alignment Machine, Plenty of new Vehicle Parts and tools
Full Property Details
Full Property Details for 16 Foundry St
General
- Price: $750,000
- Taxes: $6,798 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4051617
- Updated: 9/9/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Business, Equipment, Inventory, Operating Licenses
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Fire Alarm, Kitchen Area, Lifts, Machinery, See Remarks, Smoke Detector
Parking
- Parking: 1 Car Width
Location
- County: Essex
- Driving Directions: From Ferry to Left on Foundry
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: Ductless Split AC
- Heating Type: 1 Unit, Auxiliary Electric Heat, Space Heater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: See Remarks
- Exterior Const.: Brick/Block
- Roof: Asphalt Shingles
- Stories in Building: 1
- Square Feet: 2,500
- Aprox. Leasable: 2,500 Sq. Ft.
- Office: 9,999 Sq. Ft.
- Remodeled/Updated: 2022
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: com
Financial Considerations
- Price Per Sq. Ft.: $99
- Assessment Amount: $170,000
- Land Assmt: $125,000
- Tax Amount: $6,798
- Tax Year: 2025
- Pays Utilities: Landlord
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1614-02403-0000-00030-0000-
- Block: 2403
- Lot Number: 30
Listed by Exit Realty Lucky Associates
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Schools
Schools serving 16 Foundry St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 0.4 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 1.2 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1.5 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 2.5 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2.9 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Foundry St
Date
Details
Price
Change
Source
9/09/2026
Listed
$750,000
68.16%
MLS
10/12/2023
Sold
$446,000
—
Public Record
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
Tax History for 16 Foundry St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,798
-4%
$170,000
-11%
2023
$7,083
-10%
$190,000
—
2022
$7,849
—
$190,000
-10%
2021
$7,845
-8%
$210,100
—
2020
$8,554
1%
$210,100
-7%
2019
$8,466
6%
$225,100
—
2017
$8,014
3%
$225,100
—
2016
$7,743
4%
$225,100
—
2015
$7,449
12%
$225,100
—
2013
$6,647
—
$225,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 Foundry St
16 Foundry St, Newark, NJ 07105 (MLS# 4051617) is a Commercial property. 16 Foundry St is currently listed for $750,000 and was received on September 09, 2026. Want to learn more about 16 Foundry St? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

