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9 Beds
3 Baths

$575,000

482 16th Street, Newark NJ, 07103

Property typeMulti-family
Listed by Sherie Hinnant with Essential Real Estate 908-884-6908

Overview

Active

Active - Active Attorney Review

Listed Jul 28, 2026

Updated 4 days ago

Spacious legal 2 family investment opportunity with bonus 3rd floor. First-floor unit offers 4 bedrooms and 1 full bath. Second-floor unit features 4 bedrooms and 1 full bath. Third-floor unit includes 1 bedroom and 1 full bath. Separate utilities for each unit. Property offers great income potential and is ready for your finishing touches. Features include a full basement, private yard, and convenient location near public transportation, schools, shopping, parks, and major highways. Being sold as is. Conventional or Cash offers.

$3,825/mo

Est. mortgage payment based on a $575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26029450

Interior Features

Bedrooms
9
Bathrooms
3
Basement
No

Other Property Details

Taxes
$6,954
Tax Frequency
Annually
Association Fee Frequency
Monthly
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Listed by Sherie Hinnant with Essential Real Estate 908-884-6908

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/6/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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