411 S 15Th St, Newark City, NJ 07103
411 S 15Th St, Newark City, NJ 07103
411 S 15Th St, Newark City, NJ 07103
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$589,000
Est. payment /mo
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6 Beds
4 Baths
3,486 SqFt
Under Contract

411 S 15Th St Newark City, NJ 07103

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Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,486 sqft

Price per Sqft $168

MLS Listing ID 4032354

Style 2-Two Story

Bedrooms 6

Full Baths 4

Year Built 1930

Annual Tax Amount $5,946

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

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.

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling 2 Units, Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS VILLAGE SQUARE

NEARBY SCHOOLS & PROPERTIES

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David Wainwright Jr

David Wainwright Jr

Broker Associate | License ID: 8744778

+1(973) 818-7100

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411 S 15Th St