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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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519 16th St , Newark, NJ 07103
$354,900
Est. Payment: $1,806.16/mo
5 Bed
3 Bath
0 Sqft
Status: pending | Days on site: 4
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

Timeless Two-Family Opportunity in Newark! Discover the potential of this classic turn-of-the-century two-family home located on South 16th Street in Newark. Offering two spacious units spread across three levels, this property presents an outstanding opportunity for investors, owner-occupants, or anyone seeking to create value through renovation and modernization. The first-floor unit features a comfortable living room, kitchen, two bedrooms, and a full bathroom. Occupying the second and third floors, the upper unit offers an expansive layout with a living room, kitchen, three bedrooms, and two full bathrooms, providing excellent space and flexibility. A full, unfinished common basement offers abundant storage and future possibilities. While the interior is ready for a new vision and thoughtful updates, the home's generous layout, classic character, and strong bones provide an excellent foundation for transformation. Street parking is readily available throughout the neighborhood. Conveniently located near public transportation, major highways, schools, parks, shopping, dining, and downtown Newark's growing business and cultural districts, this property offers easy access to everything today's residents need. Whether you're looking to renovate and occupy, generate rental income, or add to your investment portfolio, this property presents tremendous upside potential and an exciting opportunity to bring new life to a historic Newark home.
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Highlights

Listed by Michael Morris , (848) 667-8884 Vylla Home , 856-206-0413. New Jersey Multiple Listing Service mls logo

Property Type

Multi-Family

County

Essex

Area

Newark

Listing ID

26023637

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Other:10

Exterior Features
Principal Interest
$1,806
Taxes
$607

Home Price

$354,900

Loan Details

30 yrs
6.562%

Down Payment

20%
$70,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,806.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,806.16 $607.17 $0.00 $2,413.33
Yearly $21,673.92 $7,286.00 $0.00 $28,959.92
Total $650,217.53 $218,580.00 $0.00 $868,797.53

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to 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 the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-07-21T22:02:17.700Z

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