1 month on rocket

319 16th Ave, Newark, NJ, 07103

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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319 16th Ave, Newark$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24008878
StatusActive
(ACTIVE)

About 319 16th Ave

Welcome to your next investment opportunity in Newark'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 community center 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!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty - NJ Metro Group
  • Listing Agent: Brendan Dasilva

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • South Seventeenth Street Elementary School, Public District Grades KG-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $4,645
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. List Price

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

319 16th Ave vs Newark

32 DAYS ON ROCKET

-65 Days

$350,000

-$99.9K Less

KEY TAKEAWAY

This property is $99.9K less than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008878

Listing Office:

  • Office Name: Keller Williams Realty - NJ Metro Group
  • Listing Agent: Brendan Dasilva

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 14, 2015Home Sold
$51,000
Oct 19, 2006Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,645$165,000
2019$6,093$165,000
2018$5,874$165,000
2017$5,874$165,000

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1440904
4
/10

  • South Seventeenth Street Elementary School

  • 619 S 17th St

  • 0.22 miles

  • Public District Grades KG-8

High School

school-card-donut-1440905
1
/10

  • Central High School

  • 250 18th Ave

  • 1.14 miles

  • Public District Grades 9-12

school-card-donut-1440906
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.68 miles

  • Public District Grades 9-12

school-card-donut-1440907
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 2.02 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,897. Most Newark, NJ residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›319 16th Ave

This home is located at 319 16th Ave in Newark, NJ and zip code 07103 in the West Ward neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $350,000.

The number of listings in Newark, NJ increased by 31.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 97 days, the median list price was $449,995.

From Rocket Homes Real Estate and based on county public records data.

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