$809,400
- 9 Beds
16 3rd St, Newark, NJ 07107
Est. Refi. Payment $5,710/mo*
Refinance Your HomeCurrently Off Market - Sold May 18, 2020 for $495,000
Home Value
Trulia Estimate
$809KSince last month
Decreased$69K (-7.8%)Since last year
Increased$26K (+3.3%)Since last sale
Increased$314K (+63.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +8% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $809K |
| August 2026 | $807K |
| July 2026 | $878K |
| June 2026 | $849K |
| May 2026 | $829K |
| April 2026 | $799K |
| March 2026 | $808K |
| February 2026 | $801K |
| January 2026 | $818K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Multi-Family Home | $560,000 | 09/22/25 | 10 | 4 | 2,865 | |
0.39 | Multi-Family Home | $528,750 | 06/25/26 | 9 | 3 | 3,207 | |
0.38 | Multi-Family Home | $528,750 | 06/23/26 | 7 | 3 | 2,271 | |
0.41 | Multi-Family Home | $500,000 | 07/21/26 | 6 | 4 | 2,344 | |
0.39 | Multi-Family Home | $528,750 | 06/23/26 | 6 | 3 | 3,432 | |
0.55 | Multi-Family Home | $650,000 | 04/15/26 | 8 | 3 | 2,529 | |
0.31 | Multi-Family Home | $228,000 | 05/12/26 | 6 | 3.5 | 1,602 | |
0.09 | Multi-Family Home | $535,000 | 08/19/26 | - | - | ||
0.41 | Multi-Family Home | $800,000 | 04/02/26 | 6 | 3 | 3,364 | |
0.55 | Multi-Family Home | $300,812 | 09/30/25 | 8 | 3 | 2,583 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $362,700 | 3 | 1 | - | Off Market | |
0.05 | $607,900 | Studio | - | - | Off Market | |
0.06 | $1,500,000 | Studio | 6 | 5,558 | For Sale | |
0.07 | $514,200 | 3 | 1.5 | - | Off Market | |
0.06 | $591,200 | 5 | 3 | - | Off Market | |
0.06 | $636,900 | 5 | 3 | - | Off Market | |
0.07 | $595,100 | Studio | - | - | Off Market | |
0.09 | $535,000 | Studio | - | - | Recently Sold | |
0.08 | $584,700 | Studio | - | - | Off Market | |
0.08 | $755,600 | Studio | - | - | Off Market | |
0.09 | $561,100 | 6 | 4 | - | Off Market | |
0.07 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 2004
Garage
About this House
Newer construction, Investors dream with great tenants, North Newark gem. Walk to Rutgers, NJIT, Essex County College, Rutgers University Hospital and downtown,Located only a brief walk to the Orange light Rail this is a true commuters dream on the North side of Newark, and just off Rt 280. A very desirable three family with all the essential upgrades, Hardwood floors, over sized living room, with a large eat in kitchen, three bedrooms each unit with a master ensuite with walk in closet.
Home Details for 16 3rd St
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 3 |
Interior Details Number of Rooms: 12 |
Appliances & Utilities Cable Ready |
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Exterior Home Features Roof: Shake ShingleExterior: Vinyl, Brick |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 2004 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 3920 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 18, 2020 Source: N/A | Sold | $495,000 |
Market trends in Newark
Last updated July 2026
Avg. sale price
$507K
$31.67KMoM
Sale-to-List Price
104.1%
0.8%MoM
Price per sq ft
—
Available listings
239
5MoM
Around this home
What Locals Say about Fairmount
At least 180 Trulia users voted on each feature.
86 % Say there are sidewalks
70 % Say it's walkable to grocery stores
68 % Say it's dog friendly
68 % Say yards are well-kept
66 % Say car is needed
57 % Say streets are well-lit
54 % Say there's holiday spirit
52 % Say it's walkable to restaurants
52 % Say kids play outside
46 % Say parking is easy
44 % Say they plan to stay for at least 5 years
39 % Say neighbors are friendly
35 % Say it's quiet
34 % Say there's wildlife
33 % Say people would walk alone at night
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 16 3rd St
- What is 16 3rd St estimated to be worth?Trulia's estimated value for 16 3rd St in Newark, NJ is $809,400.
- What is the price history for 16 3rd St?16 3rd St in Newark, NJ last sold for $495,000 in May 2020.
- Is Newark a buyer's or seller's market?Newark is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $507K. That is up $31.67K from the prior month.
- Does 16 3rd St have air conditioning?Yes, 16 3rd St in Newark, NJ has air conditioning.