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$910,000 -$10,000 (-1.09%) Price Reduced
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Property Description
Rare opportunity to own a fully renovated 2-family home with exceptional bonus space and flexibility. Property features a spacious finished attic with full bath and 2 versatile rooms, plus a finished basement with private entrance, 3 additional rooms, and a full bath, offering an impressive amount of usable space for recreation, workspace, guest use, storage, or other permitted uses. Each main unit offers 3 bedrooms, 3 full baths, full kitchen, living area, and in-unit laundry. Renovated approximately 1 year ago, the home showcases central heat and central AC, granite countertops, stainless steel appliances, ceramic tile baths, and modern fixtures. Each unit also includes 2 bedrooms with en-suite baths and walk-in closets. Outside features include a large private driveway with parking for up to 6 cars, plus a huge 3-car garage. Conveniently located near major transportation, highways, and Downtown Newark. Buyer to verify all information and permitted uses.
Full Property Details
Full Property Details for 858 S 16th St
General
- Price: $910,000
- Taxes: $6,762 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4017453
- Updated: 5/19/2026
- Added to Site: 54 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Metal Fence
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Clinton Avenue to S 16th Street
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1910
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Living/Dining Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 4
- Bedrooms: 5
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Living/Dining Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Living/Dining Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 47.10 x 100
- Driveway/Sidewalk: 2 Car Width, Blacktop, Fencing
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $216,800
- Land Assmt: $13,400
- Tax Amount: $6,762
- Tax Year: 2025
Disclosures and Reports
- Block: 3011
- Lot Number: 81
Listed by Rosa Agency
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Schools
Schools serving 858 S 16th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.5 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.9 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1 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 | 1.1 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 1.2 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.1 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.4 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 858 S 16th St
Date
Details
Price
Change
Source
5/19/2026
Price Reduced
$910,000
-1.09%
MLS
4/09/2026
Listed
$920,000
11.52%
MLS
3/20/2025
Sold
$825,000
—
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 858 S 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,181
2%
$169,100
—
2023
$6,054
—
$169,100
—
2022
$6,068
—
$169,100
—
2021
$6,064
33%
$169,100
—
2021
$4,573
-24%
$169,100
—
2018
$5,995
4%
$169,100
—
2017
$5,770
-6%
$169,100
—
2019
$6,110
10%
$169,100
—
2016
$5,567
4%
$169,100
—
2015
$5,346
7%
$169,100
—
2013
$4,994
—
$169,100
—
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 858 S 16th St
858 S 16th St, Newark, NJ 07108 (MLS# 4017453) is a Multi-Family property with 3 units containing 9 bedrooms and 8 full bathrooms. 858 S 16th St is currently listed for $910,000 and was received on March 30, 2026. Want to learn more about 858 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.

