Property
Newark City, NJ 07103 411 S 15Th St
$589,000
Pending
18 more
Presented By: KELLER WILLIAMS VILLAGE SQUARE
Beds • 6- Baths • 4
Beds • 6
Baths • 4Home Details
Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants. The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. With rental income potential ranging from approximately $2,300"$2,500 per unit, this property offers strong income potential and future upside. Whether you're an investor looking for a solid income-producing asset or a first-time homebuyer looking to live in one unit while offsetting your mortgage by renting the other, this property presents a great opportunity to build equity and generate consistent cash flow in a growing Newark market.
Presented By: KELLER WILLIAMS VILLAGE SQUARE
Interior Features for 411 S 15Th St
Bedrooms
Total Bedrooms6
Unit 1 Beds Total3
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total2.5
Unit 2 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft2328
Unit 2 Sq Ft1158
Unit 1 Levels2
Unit 2 Levels1
UnitType1TotalRent1400
UnitType2TotalRent2100
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms6
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room, Rec Room, Storage, Utility Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room, Utility Room
General for 411 S 15Th St
Architectural Style2-Two Story
Cooling2 Units, Central Air
CountyEssex
DirectionsTake 14th Ave to S 15th St in Newark
Drive1 Car Width, Off-Street Parking
EasementNo
Farm AssessmentNo
Full Baths4
Gross Income999999
Heating2 Units, See Remarks
Home Warranty Y/NNo
Net Operating Income999999
Number Of Units Total2
Open Parking Spaces1
Operating Expense999999
PossessionAt closing
RoofFlat
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount5946
Tax Assessed Value148700
Tax Lot36
Tax Year2025
Total Rooms10
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1930
Exterior for 411 S 15Th St
Exterior DescriptionVinyl Siding
Lot Dimensions25X100
Lot Size Acres0.08
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner