411 South 15th Street
Newark City, NJ 07103
Price: $589,000
GSMLS: 4014727Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 4 Full
Garage: No
Year Built: Unknown
Acres: 0.00
Property Tax: $0
Description
Open House Saturday 12PM–3PM.
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.General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
No
Interior:
n/a
Roof:
Flat
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Off-Street Parking
Spaces Available:
1
Unit 1
Bedrooms:
3
Bathrooms:
3
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room, Rec Room, Storage, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$589,000
Tax Amount:
$0
Land Assessment:
$30,900
Build. Assessment:
$117,800
Total Assessment:
$148,700
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4014727
List Date:
03-13-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS VILLAGE SQUARE
Listing Agent:
Hipolito Touron
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
