Property

Newark, NJ 07107 135-137 South 15Th St

135-137 South 15Th St Newark, NJ - Image 1135-137 South 15Th St Newark, NJ - Image 2135-137 South 15Th St Newark, NJ - Image 3
22 more
135-137 South 15Th St Newark, NJ - Image 4135-137 South 15Th St Newark, NJ - Image 5135-137 South 15Th St Newark, NJ - Image 6135-137 South 15Th St Newark, NJ - Image 7135-137 South 15Th St Newark, NJ - Image 8135-137 South 15Th St Newark, NJ - Image 9135-137 South 15Th St Newark, NJ - Image 10135-137 South 15Th St Newark, NJ - Image 11135-137 South 15Th St Newark, NJ - Image 12135-137 South 15Th St Newark, NJ - Image 13135-137 South 15Th St Newark, NJ - Image 14135-137 South 15Th St Newark, NJ - Image 15135-137 South 15Th St Newark, NJ - Image 16135-137 South 15Th St Newark, NJ - Image 17135-137 South 15Th St Newark, NJ - Image 18135-137 South 15Th St Newark, NJ - Image 19135-137 South 15Th St Newark, NJ - Image 20135-137 South 15Th St Newark, NJ - Image 21135-137 South 15Th St Newark, NJ - Image 22135-137 South 15Th St Newark, NJ - Image 23135-137 South 15Th St Newark, NJ - Image 24135-137 South 15Th St Newark, NJ - Image 25135-137 South 15Th St Newark, NJ - Image 26
Presented By: COLDWELL BANKER REALTY - 201-212-5026
  • MLS# 250020273
  • 10/01/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 6

Home Details

Investor’s Opportunity in Newark’s Fairmount Neighborhood! Fully occupied three-family property delivering steady income with great long-term tenants already in place. Located in the Fairmount section of Newark, this rent-controlled asset offers both stability and upside for investors. With a 5.7% cap rate, it’s a solid addition to any portfolio seeking reliable cash flow in one of Newark’s most promising neighborhoods. ? Three-family property in Fairmount, Newark ? Fully occupied with dependable, long-term tenants ? Rent-controlled – offering security and consistency ? Strong investment return with a 4.9% cap rate Ideal for investors seeking a turnkey property with built-in stability and long-term value.
Presented By: COLDWELL BANKER REALTY - 201-212-5026

Interior Features for 135-137 South 15Th St

Bedrooms

Floor 1 Bedrooms2
Floor 2 Bedrooms3
Floor 3 Bedrooms3

Bathrooms

Floor 1 Full Baths2
Floor 2 Full Baths2
Floor 3 Full Baths2
Half Baths
Total Full Baths6

Kitchen

Floor 1 Kitchen1
Floor 2 Kitchens1
Floor 3 Kitchens1
Total Kitchens3

Other Interior Features

Basement Other1
Basement Rent500
Floor 1 Rent1442
Floor 2 Rent1648
Floor 3 Rent1910
BasementNone
Heating/CoolingA/C Central, Hot Air, Gas

Other Rooms

Fl1 Rooms5
Fl2 Rooms6
Fl3 Rooms6
Fl4 Rooms0
Floor 1 Dining Rooms1
Floor 1 Living Rooms1
Floor 2 Dining Room1
Floor 2 Living Rooms1
Floor 3 Dining Rooms1
Floor 3 Living Rooms1
Total Dining Rooms3
Total Living Rooms3
Total Other Rooms1

General for 135-137 South 15Th St

Associated Document Count4
Bathrooms6
Block1862
CityNewark
Class3-4 FAMILY
CountyEssex
DOM15
ExclusionsAll personal possessions.
Postal Code07107
Primary CityNewark
Sale/RentFor Sale
StatusACTIVE
Status Detail0
SubdivisionNJ
Tax Year2025
Taxes$10,633
Type3 Family
Water Sewer Expense1800

Exterior for 135-137 South 15Th St

Building StyleMulti-Level
Exterior FinishBrick
InclusionsAppliances and light fixtures as installed
Lot14.01
Parking availableNone

Additional Details

Price History

Jonathan Lockette

Associate
Price $889,000
MLS#250020273
List Date 10/01/2025
Property Type Multi-Family
Request Tour
Request Info
Visit My Website

Similar Properties to 135-137 South 15Th St

Get Pre-approved