874 S 16th St, Newark, NJ 07108 - Photo 1

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$749,000

For Sale
Active
Multi-Family
7 Total Beds

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Property Description

See it for yourself! This spacious 3 family home is perfect for an owner occupant or investor. This first floor features 3 bedrooms, 2 bathrooms, a large eat-in kitchen and living room. The second floor unit features 3 bedrooms with one of the bedrooms having its own private bathroom, living room and eat in kitchen. The third floor unit is a spacious one bedroom apartment with a living room and eat-in kitchen. The full unfinished basement offers additional potential for added living space. Location is great for those looking for a home that is commuter friendly. This home is located near parks, restaurants, hospital and public transportation. All units have separate utilities.

Full Property Details

Full Property Details for 874 S 16th St

General

Price: $749,000
Taxes: $11,640 (2024)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4000919
Updated: 12/15/2025
Added to Site: 38 day(s) ago

Interior

Number of Rooms: 15
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet, Wood Floors

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 7

Exterior

Exterior Features: Deck

Parking

Garage Description: None

Location

County: Essex
Driving Directions: Springfield Ave to South 16th St.

Heating & Cooling

Cooling Type: No Cooling
Heating Type: Baseboard - Hotwater
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Architectural Style: Triplex, Under/Over
Exterior Const.: Vinyl Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt Shingles
Square Feet: 5,234
Year Built: 1906
Remodeled/Updated: 2025

Unit Information

Unit 1

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

Unit 2

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

Unit 3

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

Lot Features

Lot Size (Acres): 0.07
Lot Dimensions: 32.10 x 100
Driveway/Sidewalk: Driveway-Shared, See Remarks

Financial Considerations

Assessment Amount: $293,800
Land Assmt: $12,300
Tax Amount: $11,640
Tax Year: 2024

Disclosures and Reports

Block: 3011
Lot Number: 74

Listed by Weichert Realtors

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— 874 S 16th St —

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Schools

Schools serving 874 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
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	0.7 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.9 mi
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	0.9 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	1 mi
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112	3-8	1.1 mi
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108	PK-8	1.3 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1.4 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 874 S 16th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/08/2025

Listed

$749,000

28.03%

MLS

2/05/2025

Sold

$585,000

—

Public Record

Get Price Alerts and Save Property

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 874 S 16th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$11,641

$306,100

—

2023

$11,411

—

$306,100

—

2022

$11,436

—

$306,100

—

2021

$11,430

33%

$306,100

—

2021

$8,617

27%

$306,100

70%

2019

$6,777

$180,200

—

2018

$6,655

$180,200

—

2017

$6,415

$180,200

—

2016

$6,199

$180,200

—

2015

$5,963

$180,200

—

2014

$5,588

—

$180,200

—

View All

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 874 S 16th St

874 S 16th St, Newark, NJ 07108 (MLS# 4000919) is a Multi-Family property with 3 units containing 7 bedrooms and 5 full bathrooms. 874 S 16th St is currently listed for $749,000 and was received on December 08, 2025. Want to learn more about 874 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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874 S 16th St Newark, NJ 07108

Full Property Details for 874 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

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Quickly Find Out More

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Schools serving 874 S 16th St

Price & Sales History for 874 S 16th St Get Price Alerts and Save Property

Tax History for 874 S 16th St

Estimate the Cost for 874 S 16th St

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