Welcome to your next investment opportunity in Nwark's bustling West Side!

This versatile property includes a working restaurant on the main floor and a bright and airy 3-bedroom residential unit above. Don't miss out on this rare chance to own a multi-use property in one of Newark's most dynamic neighborhoods.

Anchored by historic West Side Park and the com munity centre and dotted with shopping, dining and transit options, this vibrant area is stable and welcoming. Priced competitively for a swift sale, this opportunity won't last long - come make this property yours before someone else does!

Request Information
on 319 16th Ave
in Newark, NJ
Presented by BRENDAN DASILVA at
NJ METRO GROUP.


Property MLS #3892772 from GardenState

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 3

+ Bathrooms

Total Bathrooms: 2.00
Full Bathrooms: 2

+ Other Rooms

6
Basement Description: Unfinished

+ Heating and Cooling

Cooling Features: Window A/C(s)
Heating Fuel: Gas-Natural

+ Land Info

Lot Size Acres: 0.06
Lot Size Square Feet: 2614

+ Multi-Unit Info

Number of Units: 2
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Rooms in Unit-1: 2
Total Rooms in Unit-2: 4
Unit-2 Description: Bedrooms, Kitchen, Living/Dining Room
Unit 1 Total Actual Rent: 2000
Unit 2 Total Actual Rent: 1300

+ Other Property Info

Annual Tax Amount: 6151
Source Listing Status: Active
County: Essex
Directions: Google Maps
Tax Year: 2023
Source Property Type: Multi-Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$135000 + $30000 $165000	$6151
2022	$135000 + $30000 $165000	$6164
2021	$135000 + $30000 $165000	$6161
2020	$135000 + $30000 $165000	$6270
2019	$135000 + $30000 $165000	$6205
2018	$135000 + $30000 $165000	$6093
2017	$135000 + $30000 $165000	$5874
2016	$135000 + $30000 $165000	$5676
2015	$135000 + $30000 $165000	$5459
2014	$135000 + $30000 $165000	$5116
2013	$275900 + $30000 $305900	$9033
2012	$35200 + $27500 $62700	$2164
2010	$35200 + $27500 $62700	$1993
2009	$35200 + $27500 $62700	$1717
2008	$35200 + $27500 $62700	$1629
2007	$35200 + $27500 $62700	$1561

+ Reveal Property Sale History

Listed 2024-03-26
$350000
GardenState

---

Sold 2015-07-14
$51000
Public Record

---

Sold 2006-10-19
$170000
Public Record

---

Sold 2002-11-18
$35000
Public Record

---

Sold 1996-12-03
$50000
Public Record

---

Sold 1988-11-02
$25000
Public Record

+ Accessibility Features

Access: No

+ Building and Construction

Year Built: 1900
Building Exterior Type: Brick
Property Age: 124

+ Utilities

Sewer: Public Sewer
Water Source: Public Water

+ Display Complete School Details

Independence High School is a private high school located approximately 0.2 miles away.
Map directions

South Seventeenth Street Elementary School is a public elementary and middle school located approximately 0.2 miles away.
Map directions

West Side High School is a public high school located approximately 0.5 miles away.
Map directions