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16 Cliff St, Newark, NJ, 07106

6beds
4.1baths
19,998sqft
$889,900
$44price/sqft
$8,742/moest. monthly cost
$349,680/yrincome needed

About This Home

Brand New 2 Family home under construction. Ground level features built-in 2 car garage, large rec room, half bath. Second level features 6 rooms- 3 bedrooms, 2 full baths. Third level features 6 rooms- 3 bedrooms, 2 full baths. Oak hardwood flooring throughout with ceramic tile in kitchen and baths. Stainless steel kitchen appliance. Two zone central air conditioning and forced hot air, 9' tray ceilings throughout. Property is eligible for a 5 year tax abatement and a 10 year home warranty. HURRY will not last.

Getting Around

73
WalkingVery Walkable
55
TransitGood Transit
44
BikeSomewhat Bikeable

Schools

3/10
Lincoln Elementary SchoolGrades PK-80.1 mi
1/10
West Side High SchoolGrades 9-121.6 mi
1/10
Central High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven - Gas,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4.1
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Rec Room,Eat-In Kitchen

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Natural Gas
  • Cooling features: 2 Units,Central Air

Interior Area

  • Total structure area: 19,998
  • Total interior livable area: 19,998 sqft

Property

Details

  • Parcel number: 1614041210000000290000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Features: Level
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 2
  • Parking features: See Remarks,Built-In Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,499$53,988
Home Insurance *$482$5,784
Property Taxes $1,557$18,684
Electricity $2,204$26,453
Total$8,742$104,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$299,725/yr
40% on housing$262,260/yr
45% on housing$233,120/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$44This listing

vs Other Active Listings

Avg $/sqft

ZIP 07106$255
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07106$221
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$949,900
2023-07-06Listing removed--
2022-10-14Pending sale$559,900
2022-09-07Contingent$559,900
2022-06-16Pending sale$649,900
2022-03-01Price change$649,900
2021-12-29Pending sale$559,900
2020-09-09Sold$60,000
2020-02-29Listing removed$249,900
2019-12-31Listed for sale$249,900

New Construction

AgentMario Espada
BrokerageNew Direction Realty

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