760 S 16Th St, Newark City, NJ 07103
760 S 16Th St, Newark City, NJ 07103
760 S 16Th St, Newark City, NJ 07103
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$350,000
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2,613 Sqft Lot
New

760 S 16Th St Newark City, NJ 07103

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4021058

HOA Y/N No

Annual Tax Amount $3,999

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

Prime opportunity in one of Newark?s fastest-growing neighborhoods, surrounded by ongoing development and rising property values. This lot will be delivered completely shovel-ready?cleared, with flow test completed, and fully approved architectural plans included for a modern 3-family home.The plans feature an impressive layout with 8 bedrooms, 5 full bathrooms, and a 2-car garage, designed for strong rental income and long-term value. Best of all, the project requires no variances, saving you significant time, cost, and uncertainty.With comparable 3-family homes in the area achieving ARVs between $1,000,000 and $1,100,000, this is a compelling opportunity for investors and builders alike. Start building immediately upon closing?no demolition, no delays.

Location

State NJ

County Essex

Zoning R3

Building

Sewer Public Sewer in Street

Water Public Water in Street

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS PARK VIEWS

NEARBY SCHOOL & BUSINESS

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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