Investor's Dream! Unique mixed-use property offering two buildings for the price of one! The first building features two spacious three-bedroom, one-bathroom apartments. The finished basement includes an additional full bathroom. The commercial unit on the first floor, previously used as a beauty salon and barbershop, comes with a half-bathroom. The second building, located behind the first, is perfect for use as an event space and includes a kitchen. Conveniently located near Newark Penn Station, public transportation, and local shops. Don't miss out on this incredible opportunity!

Approximate Lot Size 22X100 Exterior Description Vinyl Siding Garage Description None Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Basement Yes Basement Description FinishedFull Cooling None Heating 1 Unit Interior Features Carbon Monoxide DetectorSmoke Detector Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorSee RemarksSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 2 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorSee RemarksSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsLiving RoomSee Remarks Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsLiving RoomSee Remarks Unit3 Rooms 5 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorSee RemarksSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Levels 4 Unit4 Room Description KitchenSee Remarks Unit4 Rooms 3 Unit4 Sq Ft 0

Assessment Total 225000 Building Assessment 199800 Easement Unknown Exclusions Owner and Tenants Belongings Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 25200 Net Operating Income 0 Sewer Public Sewer Tax Amount 0 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit3 Rent 0 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit4 Rent 0 Unit4 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 917-300-9843.

© 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 2025-01-13T11:46:14.023.

489 15th Ave

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489 15th Ave Newark City, NJ 07103

Property Description

Approximate Lot Size	22X100
Exterior Description	Vinyl Siding
Garage Description	None
Number Of Parking Spaces	0
Parking Driveway Description	None
Roof Description	Asphalt Shingle

Basement	Yes
Basement Description	Finished Full
Cooling	None
Heating	1 Unit
Interior Features	Carbon Monoxide Detector Smoke Detector
Total Number Of Rooms	12
Unit1 Appliances Equipment	Carbon Monoxide Detector See Remarks Smoke Detector
Unit1 Baths	1.0
Unit1 Bedrooms	0
Unit1 Fireplaces	0
Unit1 Handicap Modified	No
Unit1 Levels	1
Unit1 Room Description	See Remarks
Unit1 Rooms	2
Unit1 Security Deposit	0
Unit1 Sq Ft	0
Unit2 Appliances Equipment	Carbon Monoxide Detector See Remarks Smoke Detector
Unit2 Baths	1.0
Unit2 Bedrooms	3
Unit2 Fireplaces	0
Unit2 Levels	2
Unit2 Room Description	Bedrooms Living Room See Remarks
Unit2 Rooms	5
Unit2 Sq Ft	0
Unit3 Baths	1.0
Unit3 Bedrooms	3
Unit3 Fireplaces	0
Unit3 Levels	3
Unit3 Room Description	Bedrooms Living Room See Remarks
Unit3 Rooms	5
Unit3 Sq Ft	0
Unit4 Appliances Equipment	Carbon Monoxide Detector See Remarks Smoke Detector
Unit4 Baths	1.0
Unit4 Bedrooms	0
Unit4 Fireplaces	0
Unit4 Levels	4
Unit4 Room Description	Kitchen See Remarks
Unit4 Rooms	3
Unit4 Sq Ft	0

Assessment Total	225000
Building Assessment	199800
Easement	Unknown
Exclusions	Owner and Tenants Belongings
Fha Age Restricted	No
Fuel Type	Gas-Natural
Gross Operating Income	0
Land Assessment	25200
Net Operating Income	0
Sewer	Public Sewer
Tax Amount	0
Tax Rate Amount	3.728
Tax Rate Year	2024
Tax Year	2023
Total Operating Expense	0
Unit Style	See Remarks
Unit1 Owner Tenant Pays	Owner Pays Gas Owner Pays Heat Owner Pays Water Tenant Pays Electric
Unit1 Rent	0
Unit2 Handicap Modified	No
Unit2 Owner Tenant Pays	Owner Pays Gas Owner Pays Heat Owner Pays Water Tenant Pays Electric
Unit2 Rent	0
Unit2 Security Deposit	0
Unit3 Handicap Modified	No
Unit3 Owner Tenant Pays	Owner Pays Gas Owner Pays Heat Owner Pays Water Tenant Pays Electric
Unit3 Rent	0
Unit3 Security Deposit	0
Unit4 Handicap Modified	No
Unit4 Owner Tenant Pays	Owner Pays Gas Owner Pays Heat Owner Pays Water Tenant Pays Electric
Unit4 Rent	0
Unit4 Security Deposit	0
Utilities	Gas-Natural
Water	Public Water
Year Built Description	Approximate