Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
Download App
$885,000
-- Bed
4 Baths
3,621sqft
901-903 S 16Th St, Newark, NJ 07108
$885,000
Get Pre-Approved
Duplex
Built in 2020
$-- HOA
3,498 sqft lot
$244/sq.ft
Description
Built in 2020, this modern multi-unit offers both immediate rental income and future potential. Currently configured as a legal two-unit and zoned with permits approved for three-unit use, this property is ideal for investors or owner-occupants. Unit 1 is vacant and includes access to the basement, which has the potential to be converted into a third legal unit with construction plans included. Unit 2 is tenant-occupied, generating $2,600 per month, including $100 for driveway parking. One year of tax abatement remains, providing reduced expenses and more substantial cash flow. Additional features include an oversized garage with off-street parking, newer construction w/u...
Continue Reading- Houzeo last checked: 14 Minutes ago
- Listing updated: November 21, 2025 at 3:54 pm
- Listing Provided by: | REAL
- Source: All Jersey MLS-NJ | MLS#: 2604868R
- Brokerage Firm Address: 5 Maple Avenue, Morristown, NJ 07960
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
2020
HOA Fees
-
Finished Area
3,621 sqft
Lot Size
3,498 sqft lot
Basement Area
- sqft
MLS Name
All Jersey MLS
MLS Number
2604868R
MLS Status
Active
Days on Market
111
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
