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426 S 15th St

Newark City, NJ 07103
  • $599,999
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 3938468
UPDATED: 76 min ago
$599,999
  • 7
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 3
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Fantastic 2-family investment property in Newark?s West Side! This solid home features two spacious units, each with 3 bedrooms and 1 bath. The 2nd-floor unit includes a bonus enclosed porch, while the attic offers a bonus unit for extra potential. Renovated in 2022, with a roof under 10 years old and new hot water heaters, it?s low-maintenance and move-in ready. All units are fully occupied with paying tenants, making it ideal for investors or first-time buyers. Unfinished basement for added storage. A smart buy in a thriving location!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T10:46:49.787.
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426 S 15th St Newark City, NJ 07103

  • Price: $599,999
  • Status: Active
  • On Site: 25 Days
  • Updated: 76 min ago
  • MLS #: 3938468
7
Beds
2
Baths
3
½ Baths
0.06
Acres
1900
Built
County:
Essex
Area:
Newark City
Property Description
Fantastic 2-family investment property in Newark?s West Side! This solid home features two spacious units, each with 3 bedrooms and 1 bath. The 2nd-floor unit includes a bonus enclosed porch, while the attic offers a bonus unit for extra potential. Renovated in 2022, with a roof under 10 years old and new hot water heaters, it?s low-maintenance and move-in ready. All units are fully occupied with paying tenants, making it ideal for investors or first-time buyers. Unfinished basement for added storage. A smart buy in a thriving location!
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Exterior Features Enclosed Porch(es) Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Wall A/C Unit(s) Heating 2 Units Total Number Of Rooms 11 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchen Unit1 Rooms 3 Unit1 Security Deposit 1800 Unit1 Sq Ft 1400 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenKitchen Unit2 Rooms 5 Unit2 Sq Ft 1400 Unit3 Baths 1.0 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description AtticBedrooms Unit3 Rooms 1

Property Features

Assessment Total 191900 Building Assessment 160600 Easement Unknown Exclusions Stoves Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 4300 Land Assessment 31300 Net Operating Income 1111 Renovated Year 2022 Sewer Public Available Tax Amount 1111 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 1111 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1700 Unit2 Security Deposit 2550 Unit3 Handicap Modified No Unit3 Rent 800 Unit3 Security Deposit 800 Utilities All Underground Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 855-201-4795.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T10:46:49.787.
 
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Manalapan NJ, 08527