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858 S 16th St, Newark City, NJ 07108

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For Sale
Sale Pending

$795,000

9 beds • 8 baths

Estimated Payment

$ 4,617 /mo. †

6.67% APR for 30 yrs.
$6,304 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Basement
    Rooms

Explore this Property

RARE FIND! Beautifully renovated throughout two-family home with bonus 3rd floor unit and completely finished basement. Huge units with TWO Primary Suites in each unit with their own private baths and walk-in closets. Units have 3 bedrooms and 3 full baths! Laundry hookup and washer and dryer in both units. Fully finished basement with duplex layout with 1st floor. Basement also fully renovated with additional full bathroom and two more private rooms. Each unit equipped with granite countertops, ceramic tile throughout all bathrooms, top of the line fixtures and add-ons. Kitchens supplied with stainless steel appliances, beautiful lighting and more. No expense was spared. This home is a cash-cow for the owner occupied buyer, or savvy real estate investor. Large private driveway with parking for up to 4 cars and additional parking with huge 3-car garages. Close to major transportation only 15 minutes from Newark's vibrant Downtown. Minutes from all major forms of transportation and major highways.
MLS# 3918904

Courtesy Of OPTION 1 REALTY GROUP LLC

(973) 623-1001

Property Features

  • Appliances
    Dryer, Microwave, Oven - Gas, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.11 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 858 S 16th St, Newark City, NJ 07108

Home seller CENTURY 21 JR Gold Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 JR Gold Team Realty

(973) 772-9404
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,091
  • Property Taxes
    $525
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,617

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Hawthorne Avenue Elementary School

Grades KG-8 Public School

Newark, NJ 07112 0.5 miles
428 hawthorne ave

466 total students
13:1 Student teacher ratio

School Rating: D

School Details

Barringer High School

Grades 9-12 Public School

Newark, NJ 07104 2.7 miles
90 parker st

1600 total students
14:1 Student teacher ratio

School Rating: F

School Details

Central High School

Grades 9-12 Public School

Newark, NJ 07108 1.1 miles
250 18th ave

729 total students
10:1 Student teacher ratio

School Rating: F

School Details

East Side High School

Grades 9-12 Public School

Newark, NJ 07105 2.8 miles
238 van buren st

2024 total students
14:1 Student teacher ratio

School Rating: D-

School Details

Malcom X Shabazz High School

Grades 9-12 Public School

Newark, NJ 07108 1.2 miles
80 johnson ave

360 total students
10:1 Student teacher ratio

School Rating: D

School Details

Newark Bridges High School

Grades 9-12 Public School

Newark, NJ 07103 1.5 miles


School Details

Technology High School

Grades 9-12 Public School

Newark, NJ 07104 3.1 miles
223 broadway

685 total students
13:1 Student teacher ratio

School Rating: A

School Details

Weequahic High School

Grades 9-12 Public School

Newark, NJ 07112 1.2 miles
279 chancellor ave

385 total students
10:1 Student teacher ratio

School Rating: F

School Details

West Side High School

Grades 9-12 Public School

Newark, NJ 07103 1.2 miles
403 s orange ave

620 total students
14:1 Student teacher ratio

School Rating: F

School Details
Other Nearby Schools Distance Type Grades School Rating
University High School 0.3 miles Public 7-12 C+
Thurgood Marshall Elementary School 0.4 miles Public PK-5 C
Bragaw Avenue Elementary School 0.5 miles Public KG-8
Achieve Community Charter School 0.5 miles Public KG-7 C
Berkeley Terrace Elementary School 0.6 miles Public PK-5 D
Avon Avenue Elementary School 0.6 miles Public KG-8 D-
South Seventeenth Street Elementary School 0.6 miles Public KG-8 C+
Grove Street Elementary School 0.8 miles Public PK-5 D-
Harriet Tubman Elementary School 0.8 miles Public PK-6 D-
Burch Charter School Of Excellence 0.8 miles Public KG-5 D+
University Elementary School 0.8 miles Public PK-5 D
University Middle School 0.8 miles Public 6-8 D-
Belmont Runyon Elementary School 0.9 miles Public PK-8 F
George Washington Carver Elementary School 0.9 miles Public PK-8 D-
Augusta Preschool Academy 0.9 miles Public PK
Bruce Street School For The Deaf 0.9 miles Public PK-8
Cleveland Elementary School 0.9 miles Public PK-8 D-
Madison Avenue 1 miles Public PK-5 D
Nj Regional Day School - Newark 1 miles Public KG-12

University High School

Distance: 0.3 miles

Type Public

Grades: 7-12

C+

Thurgood Marshall Elementary School

Distance: 0.4 miles

Type Public

Grades: PK-5

C

Bragaw Avenue Elementary School

Distance: 0.5 miles

Type Public

Grades: KG-8

Achieve Community Charter School

Distance: 0.5 miles

Type Public

Grades: KG-7

C

Berkeley Terrace Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-5

D

Avon Avenue Elementary School

Distance: 0.6 miles

Type Public

Grades: KG-8

D-

South Seventeenth Street Elementary School

Distance: 0.6 miles

Type Public

Grades: KG-8

C+

Grove Street Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-5

D-

Harriet Tubman Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-6

D-

Burch Charter School Of Excellence

Distance: 0.8 miles

Type Public

Grades: KG-5

D+

University Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-5

D

University Middle School

Distance: 0.8 miles

Type Public

Grades: 6-8

D-

Belmont Runyon Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-8

F

George Washington Carver Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-8

D-

Augusta Preschool Academy

Distance: 0.9 miles

Type Public

Grades: PK

Bruce Street School For The Deaf

Distance: 0.9 miles

Type Public

Grades: PK-8

Cleveland Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-8

D-

Madison Avenue

Distance: 1 miles

Type Public

Grades: PK-5

D

Nj Regional Day School - Newark

Distance: 1 miles

Type Public

Grades: KG-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Newark City, NJ 07108

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Newark City, NJ 07108

This community’s employment is highest in the education and healthcare practitioners industries. The area’s overall household expenses are below the national average.

85° July
Hottest Average Month
23° January
Coldest Average Month
10,146 Total Households in Area
-2.2% Increase in population since the year 2010
40.4%
of households
have children
36 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Newark City, NJ 07108

Newark City, NJ 07108 has a population of 28,168 people in 10,146 households with a median age of 32.4 years old.

-2.2%
Decrease in population
since the year 2010
Population is Trending down
10,044
Total households as of 2010
5.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 32.4 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 82%
Hispanic 14%
Other 8%
White 3%
Native American <1%
Asian <1%
The most prevalent ethnicity is Black at 82%, followed by Hispanic at 14%, Other at 8%, and White at 3%.

Economics
for Newark City, NJ 07108

20,803 /sq mi
Population Density
$35,318 /yr
Median Household Income
$500,000
Median Sales Price
36 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 27.71% of the households.

Transportation to Work

  • Drive 59%
  • Public Transit 31%
  • Walk or Bike 8%
  • Work from Home 3%

Occupancy by Type

Rented 8,436 75%
Owned 1,710 15%
Vacant 1,152 10%

White vs Blue Collar Jobs







White Collar 63%
Blue Collar 37%

Family & Education Facts
for Newark City, NJ 07108

32.4 Median Age

Average Household Size

2.8
persons per
household

15.3%

Married Households

Community Population By Education

High School Graduate 36%
Some College 22%
Some High School 17%
Bachelors Degree 13%
Associates Degree 9%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
40.4% of households have children

Weather
for Newark City, NJ 07108

The weather for this area ranges from a high of 85° F in July to a low of 23° F in January

85° July
Hottest Average Month
23° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
23°
39°
Feb
25°
41°
Mar
32°
49°
Apr
41°
61°
May
51°
71°
Jun
61°
80°
Jul
66°
85°
Aug
65°
83°
Sep
57°
76°
Oct
46°
65°
Nov
37°
54°
Dec
28°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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