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Image 1 - 776 S 16th St, Newark, New Jersey, 07103 - House for sale
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S Th St, Newark, Home For Sale
776 S 16th St, Newark, New Jersey, 07103

S Th St, Newark, Home For Sale

house for sale
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Listed: 07/29/24

776 S 16th St, Newark, New Jersey, 07103

6 Bed:
4.5 Bath:
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Price
$ 785,000

About This House

Introducing a stunning luxury-modern new construction two-family home, meticulously designed for contemporary living and sophisticated style. Each unit boasts 3 spacious bedrooms and 2 elegant bathrooms, providing ample space and comfort for residents. The primary suite features a luxurious en-suite bathroom and a generous walk-in closet, offering a private retreat within each unit. The finished ground area adds versatile living space, complete with a convenient half bathroom and laundry unit, perfect for additional storage or recreational use. High-quality hardwood floors flow seamlessly throughout the home, enhancing its modern appeal. An attached garage provides secure parking and additional storage options, while the outdoor entertainment space is ideal for gatherings and relaxation. This home effortlessly blends functionality and luxury, making it an exceptional opportunity for discerning buyers. Experience the epitome of modern living in this exquisite two-family home. Property comes with a 5 year tax abatement and 10 year builders warranty.

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Newark Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Newark, United States averaged $378,660, a decrease of 8.1% from the previous month.
Median price trends for properties for sale in Newark, United States as of August 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.