478 S 16th St, Newark, NJ 07103 - Photo 1

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$799,900 Just Listed

For Sale
Active
Multi-Family
6 Total Beds
1 Car Garage
Updated 2 days ago

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Property Description

Welcome to this beautifully designed newer-construction two-family home, offering two spacious three-bedroom, two-bathroom apartments with inviting layouts and quality finishes throughout. Each unit features comfortable living spaces, well-appointed kitchens, updated bathrooms, and plenty of natural light. The fully finished ground level offers additional versatile space with a full bathroom and a separate entrance, providing added functionality and flexibility. Conveniently located near public transportation to New York City, shopping, dining, and major roadways, this property combines modern exterior design with comfortable interiors and everyday convenience. Whether you're looking for a multi-family home to live in while generating rental income or an investment property with great potential, this is an opportunity worth exploring.

Full Property Details

Full Property Details for 478 S 16th St

General

Price: $799,900
Taxes: $9,895 (2026)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4056047
Updated: 10/4/2026
Added to Site: 2 day(s) ago

Interior

Number of Rooms: 12
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 6

Exterior

Exterior Features: FencVnyl
Color: Gray

Parking

Garage: Yes
Garage Spaces: 1
Garage Description: Attached Garage

Location

County: Essex
Driving Directions: GSP to South Orange Ave exit to 15th Ave to So 16th St

Heating & Cooling

Cooling Type: 3 Units, Central Air Conditioning, Ductless Split AC
Heating Type: 3 Units, Forced Hot Air, Heat Pump
Heating Fuel: Natural Gas
Water Heater: Electric, Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: All Underground

Structural Information

Architectural Style: 3-Three Story
Exterior Const.: ConcBrd, Vinyl Siding
Basement: Yes
Basement Desc.: Walk-Out
Roof: Flat
Year Built: 2023

Unit Information

Unit 1

Unit Description: Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom, Utility Room
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 1

Unit 2

Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom, Utility Room
Levels/Stories: 1
Total Bathrooms: 2
Bedrooms: 3

Unit 3

Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom, Utility Room
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

Financial Considerations

Assessment Amount: $381,100
Land Assmt: $31,300
Tax Amount: $9,895
Tax Year: 2026

Disclosures and Reports

Block: 328
Lot Number: 36

Listed by Re/Max Professionals I

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— 478 S 16th St —

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Schools

Schools serving 478 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 478 S 16th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/04/2026

Listed

$799,900

-0.01%

MLS

1/07/2025

Sold

$800,000

—

Public Record

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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 478 S 16th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

-100%

$412,400

—

2023

$15,374

1215%

$412,400

1218%

2022

$1,169

-76%

$31,300

—

2021

$4,832

—

$31,300

-76%

2021

$4,832

33%

$129,400

—

2021

$3,643

-18%

$129,400

—

2016

$4,451

$129,400

—

2015

$4,282

$129,400

—

2014

$4,013

—

$129,400

—

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 478 S 16th St

478 S 16th St, Newark, NJ 07103 (MLS# 4056047) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 478 S 16th St is currently listed for $799,900 and was received on October 04, 2026. Want to learn more about 478 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.

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478 S 16th St Newark, NJ 07103

Full Property Details for 478 S 16th St

General

Interior

Rooms

Bathrooms

Bedrooms

Exterior

Parking

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

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Schools serving 478 S 16th St

Price & Sales History for 478 S 16th St Get Price Alerts and Save Property

Tax History for 478 S 16th St

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