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762 762 S 16th St, Newark, NJ 07103
$440,000
762 762 S 16th St, Newark, NJ 07103View this property at 762 762 S 16th St, Newark, NJ 07103
762 762 S 16th StNewarkNJ07103
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Property Description
2 Lots together of 25x100 each one. Total of 5,000 sqf. Currently rented for $3,500.00 month. Good for investment or to build 2 houses of 2, 3 or 4 units each one, or building of 12 to 18 units.Buyer must do his own diligences. Sold "as is". No environmental issues.
Full Property Details
Full Property Details for 762 762 S 16th St
General
- Price: $440,000
- Taxes: $1,170 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 3901765
- Updated: 5/14/2024
- Added to Site: 19 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: See Remarks
Parking
- Parking: Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Google
- Location Details: Residential Area, See Remarks
Heating & Cooling
- Cooling Type: 1 Unit
- Heating Type: See Remarks
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Internet Available
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Roof: See Remarks
- Stories in Building: 1
- Square Feet: 2,000
- Aprox. Leasable: 3,000 Sq. Ft.
- Office: 120 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100 + 25x100
- Permitted Use: Any
- Zoning: Redvelopment
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $88
- Expenses: Taxes, Water/Sewer
- Assessment Amount: $31,400
- Land Assmt: $31,300
- Tax Amount: $1,170
- Tax Year: 2023
- Owner Pays: See Remarks, Sewer, Water
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water, Repairs, Snow Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1614-02635-0000-00041-0000-
- Block: 2635
- Lot Number: 41 & 42
Listed by Sky Realty Associates
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Schools
Schools serving 762 762 S 16th St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
619 S 17th St, Newark, NJ 07103 | K-8 | 0.4 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 0.7 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 1 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 1.4 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 2.6 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 3.9 mi | |
701 South Orange Ave, Newark, NJ 07106 | K-8 | 1.2 mi | |
359 13th Ave, Newark, NJ 07103 | PK-8 | 1.2 mi | |
333 Clinton Pl, Newark, NJ 07112 | PK-8 | 1.2 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 762 762 S 16th St
Date
Details
Price
Change
Source
5/13/2024
Listed
$440,000
22.22%
MLS
1/04/2024
Sold
$360,000
—
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 762 762 S 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$1,173
—
$31,400
—
2021
$1,172
33%
$31,400
—
2021
$884
-25%
$31,400
—
2019
$1,181
2%
$31,400
—
2018
$1,160
4%
$31,400
—
2017
$1,118
4%
$31,400
—
2016
$1,080
4%
$31,400
—
2015
$1,039
12%
$31,400
—
2013
$927
—
$31,400
—
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 762 762 S 16th St
762 762 S 16th St, Newark, NJ 07103 (MLS# 3901765) is a Commercial property. 762 762 S 16th St is currently listed for $440,000 and was received on May 13, 2024. Want to learn more about 762 762 S 16th 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.