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16 Seymour Ave

Newark City, NJ 07108
  • $749,900
  • STATUS: Active Under Contract
  • ON SITE: 59 Days
  • MLS #: 4005137
Under Contract
$749,900
  • 9
    BEDS
  • 0.07
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:
Area:

School Ratings & Info

Description

Welcome to the fabulous and well maintained 3 family home, renovated 5 years ago. Each apartment has separate gas and electric meters. Top 2 apartments feature three beds and two bathrooms, exceptional kitchen space with full stainless steel appliance package. Each home is designed with flexible open plan. The master bedrooms include an ensuite bath and each unit has a washer/dryer hookup in master suite. There is an additional washer dryer hookup in the fully finished basement. First floor rental has 3 bedrooms and one full bath and there is one full bath in the partially finished basement! Newark City annual inspection was first week of January and the home passed all inspection criteria. This home is centrally located and short hop to Penn Station and many buses nearby. Great choice for investors or owner occupied residents looking to offset your mortgage. Room for gross income growth! A turnkey choice, this one will go fast!

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-14T23:48:39.767.
www.srrealestategroup.com/homes/172113146
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16 Seymour Ave Newark City, NJ 07108

  • Price: $749,900
  • Status: Active Under Contract
  • On Site: 59 Days
  • MLS #: 4005137
9
Beds
6
Baths
0
½ Baths
0.07
Acres
1912
Built
Neighborhood:
Clinton Hill
County:
Essex
Area:
Newark City
Property Description
Welcome to the fabulous and well maintained 3 family home, renovated 5 years ago. Each apartment has separate gas and electric meters. Top 2 apartments feature three beds and two bathrooms, exceptional kitchen space with full stainless steel appliance package. Each home is designed with flexible open plan. The master bedrooms include an ensuite bath and each unit has a washer/dryer hookup in master suite. There is an additional washer dryer hookup in the fully finished basement. First floor rental has 3 bedrooms and one full bath and there is one full bath in the partially finished basement! Newark City annual inspection was first week of January and the home passed all inspection criteria. This home is centrally located and short hop to Penn Station and many buses nearby. Great choice for investors or owner occupied residents looking to offset your mortgage. Room for gross income growth! A turnkey choice, this one will go fast!
Exterior Features

Approximate Lot Size 24.7X122 Exterior Description Vinyl Siding Garage Description None Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FinishedFullWalkout Cooling None Heating Forced Hot Air Interior Features Vinyl-Linoleum Floors Total Number Of Rooms 15 Unit1 Appliances Equipment CookGasRgOvGasStkW/D Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving RoomLiving/Dining Room Unit1 Rooms 7 Unit1 Security Deposit 1650 Unit1 Sq Ft 1600 Unit2 Appliances Equipment CookGasRgOvGasStkW/D Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenKitchenLiving RoomLiving/Dining Room Unit2 Rooms 7 Unit2 Sq Ft 1650 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenKitchenLiving RoomLiving/Dining Room Unit3 Rooms 7 Unit3 Sq Ft 1650

Property Features

Assessment Total 344800 Building Assessment 332600 Easement Unknown Expenses Include Cold WaterElectricInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 67800 Land Assessment 12200 Net Operating Income 51337 Renovated Year 2020 Sewer Public Sewer Tax Amount 13112 Tax Rate Amount 3.803 Tax Rate Year 2025 Tax Year 2024 Total Operating Expense 16463 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1650 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2200 Unit2 Security Deposit 2200 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1800 Unit3 Security Deposit 2700 Utilities Gas-Natural Water Public Water Year Built Description Renovated

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Group Twenty Six Llc: 201-969-2626.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-14T23:48:39.767.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901