This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$775,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
Welcome to this modern contemporary multi-family home that was constructed in year 2022. Unit 1 features 3 bedrooms, 2.5 bathrooms, While unit 2 offer 3 bedrooms and 2 full baths, beautiful wood flooring, and an updated kitchen and built-in cabinets. Situated in a prime location with excellent public transportation options, the property is perfect for both homeowners and investors. With nearby schools, shopping, and a walkable neighborhood, it combines style, functionality, and accessibility. Don't miss the opportunity to own this exceptional home! Photos were taken before the tenants moved in.
Full Property Details
Full Property Details for 470 S 16th St
General
- Price: $775,000
- Taxes: $15,188 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4034917
- Updated: 6/16/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Metal Fence
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Built-In Garage
Location
- County: Essex
- Driving Directions: 15th Ave. to S. 16th St.
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning, See Remarks
- Heating Type: 2 Units, Forced Hot Air, See Remarks
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Stucco
- Roof: Flat, See Remarks
- Year Built: 2022
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, See Remarks
- Square Feet: 1729
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, See Remarks
- Square Feet: 1729
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 1 Car Width
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $313,000
- Land Assmt: $31,300
- Tax Amount: $15,188
- Tax Year: 2025
Disclosures and Reports
- Block: 328
- Lot Number: 40
Listed by Exp Realty, Llc
Get Pre-Approved Today
Schools
Schools serving 470 S 16th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.5 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.8 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.5 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 470 S 16th St
Date
Details
Price
Change
Source
6/16/2026
Listed
$775,000
55%
MLS
1/11/2022
Sold
$500,000
—
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 470 S 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$344,300
—
2022
$12,863
1000%
$344,300
—
2021
$1,169
—
$344,300
1000%
2021
$1,169
33%
$31,300
—
2021
$881
-18%
$31,300
—
2016
$1,077
4%
$31,300
—
2015
$1,036
12%
$31,300
—
2013
$924
—
$31,300
—
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 470 S 16th St
470 S 16th St, Newark, NJ 07103 (MLS# 4034917) is a Multi-Family property with 2 units containing 6 bedrooms, 4 full bathrooms and 1 partial bathroom. 470 S 16th St is currently listed for $775,000 and was received on June 16, 2026. Want to learn more about 470 S 16th St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

