$659,300
- 6 Beds
- 2 Baths
- 2,500 sqft
2016 Newark, Newark, NJ 07106
Est. Refi. Payment $4,592/mo*
Refinance Your HomeHome Value
Trulia Estimate
$659KSince last month
Decreased$31K (-4.4%)Since last year
Decreased$31K (-4.5%)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 +282% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $661K |
| August 2026 | $659K |
| July 2026 | $691K |
| June 2026 | $686K |
| May 2026 | $697K |
| April 2026 | $679K |
| March 2026 | $664K |
| February 2026 | $663K |
| January 2026 | $691K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $165,000 | 12/08/25 | 6 | 2 | 2,336 | |
0.38 | Multi-Family Home | $750,000 | 09/23/25 | 8 | 3 | 2,622 | |
0.55 | Multi-Family Home | $610,000 | 03/30/26 | 6 | 2 | 2,008 | |
0.48 | Multi-Family Home | $450,000 | 01/20/26 | 4 | 2 | 2,048 | |
0.38 | Multi-Family Home | $720,000 | 10/03/25 | 4 | 2 | 1,266 | |
0.47 | Multi-Family Home | $750,000 | 10/03/25 | 7 | 3 | 1,600 | |
0.72 | Multi-Family Home | $475,000 | 11/26/25 | 7 | 2 | 1,947 | |
0.73 | Multi-Family Home | $609,999 | 04/24/26 | 5 | 2 | 2,028 | |
0.64 | Multi-Family Home | $715,000 | 12/01/25 | 8 | 3 | 2,401 | |
0.88 | Multi-Family Home | $200 | 07/20/26 | 7 | 2 | 2,459 |
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 |
|---|---|---|---|---|---|---|
0.01 | $570,000 | 10 | 4 | - | Recently Sold | |
0.03 | $845,600 | Studio | - | - | Off Market | |
0.03 | $598,300 | Studio | - | - | Off Market | |
0.03 | $619,400 | Studio | - | - | Off Market | |
0.03 | $495,700 | 3 | 3 | - | Off Market | |
0.06 | $613,700 | Studio | - | - | Off Market | |
0.05 | $826,900 | Studio | - | - | Off Market | |
0.05 | $624,600 | 5 | - | 2,500 | Off Market | |
0.05 | $752,900 | Studio | - | - | Off Market | |
0.04 | $555,300 | Studio | - | - | Off Market | |
0.06 | $794,800 | Studio | - | - | Off Market | |
0.06 | $435,200 | 2 | 2 | - | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
2,500 sqft
$264/sqft
About this House
CALL OR EMAIL FOR ADDRESS AND ADDITIONAL DETAILS:
MIXED USE-2 APTS + 1 STORE
Newark NJ
Near Downtown Newark
IN THE VAILSBURG SECTION
Close to Public Transportation
Mixed Use-2 Apts (each 3bds)-/ 1-Store
Good Condition
$390K
Yearly income: $43,320
Total Yearly Expenses: $8,525
NOI: $34,795
CAP Rate: 9%
Asking Price: $390,000
SOLD AS IS WITH TENANTS
Description:
Mix Use Commercial Building Commercial Space 2500 SF on a bustling Corridor in the heart of Newark. This building also plays host to two 3 bedroom apts completley renovated and modernized. The apts are wall to wall carpet, central air, new bathrooms and kitchens. Building in Good Condition.
CALL OR EMAIL FOR MORE DETAILS:
347-619-2152
nyinvestmentproperties@gmail.com
MIXED USE-2 APTS + 1 STORE
Newark NJ
Near Downtown Newark
IN THE VAILSBURG SECTION
Close to Public Transportation
Mixed Use-2 Apts (each 3bds)-/ 1-Store
Good Condition
$390K
Yearly income: $43,320
Total Yearly Expenses: $8,525
NOI: $34,795
CAP Rate: 9%
Asking Price: $390,000
SOLD AS IS WITH TENANTS
Description:
Mix Use Commercial Building Commercial Space 2500 SF on a bustling Corridor in the heart of Newark. This building also plays host to two 3 bedroom apts completley renovated and modernized. The apts are wall to wall carpet, central air, new bathrooms and kitchens. Building in Good Condition.
CALL OR EMAIL FOR MORE DETAILS:
347-619-2152
nyinvestmentproperties@gmail.com
2016 Newark, Newark, NJ 07106 is a 6 bedroom, 2 bathroom, 2,500 sqft multi-family in Lower Vailsburg. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $659,300, with a rent estimate of $2,198/month.
Home Details for 2016 Newark
|
|---|
Property Type / Style Property Type: Multi Family |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Nov 23, 2016 Source: N/A | ListingRemoved | $390,000 |
Aug 25, 2016 Source: N/A | Listed For Sale | $390,000 |
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 Lower Vailsburg
At least 388 Trulia users voted on each feature.
93 % Say there are sidewalks
68 % Say it's walkable to grocery stores
67 % Say yards are well-kept
67 % Say car is needed
66 % Say it's dog friendly
59 % Say streets are well-lit
57 % Say parking is easy
53 % Say kids play outside
52 % Say it's walkable to restaurants
50 % Say there's holiday spirit
44 % Say neighbors are friendly
37 % Say it's quiet
37 % Say they plan to stay for at least 5 years
33 % Say there are community events
29 % Say there's wildlife
23 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2016 Newark
- What is 2016 Newark estimated to be worth?Trulia's estimated value for 2016 Newark is $659,300.
- 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.
- What do residents say about the Lower Vailsburg neighborhood?Residents describe the Lower Vailsburg neighborhood in Newark, NJ as pedestrian-friendly, walkable to grocery stores, and well-kept. See recently sold homes in Lower Vailsburg, Newark.