NJ > Newark City
Newark City, NJ 07103,732 S 15th St
Newark City, NJ 07103,732 S 15th St
Newark City, NJ 07103,732 S 15th St
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Patrice Penda

Patrice Penda

Real Broker LLC

+1(201) 907-2791
$535,000
Est. payment /mo
8 Beds
3 Baths
2,208 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $242

MLS Listing ID 3946545

Style 3-Three Story

Bedrooms 8

Full Baths 3

Year Built 1907

Annual Tax Amount $6,830

Tax Year 2024

Lot Size 2,178 Sqft

Property Description

This well-maintained two-family property offers an excellent investment opportunity with eight bedrooms and three full bathrooms, generating high rental income - currently $3,010 with room for higher rent roll around $5,300- while benefiting from low property taxes. The property has been recently updated, featuring a brand-new roof, a new boiler, and gutters that were replaced just two years ago. First floor is vacant and upstairs is occupied with reliable, month- to-month tenants in place, it ensures steady cash flow for investors or savyy buyers house-hacking. Located in a rapidly developing area near newly constructed luxury condos, the neighborhood is undergoing significant reconstruction, increasing property values and future appreciation potential. This is a prime opportunity to invest in a high-demand location. The first and second floor have the same layout.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Interior Features Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS VILLAGE SQUARE
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agent

Patrice Penda

+1(201) 907-2791

REALTOR® | License ID: 2187041

REALTOR® License ID: 2187041

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