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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$535,000
Est. payment /mo
8 Beds
3 Baths
2,208 SqFt
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Sun Feb 23, 12:00pm - 3:00pm

UPDATED:

02/22/2025 06:02 AM

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

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 $4,660 with room for higher rent roll - 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. With reliable, month- to-month tenants in place, it ensures steady cash flow for investors or savyy buyers house-hacking. (a unit can be deivered vacant) 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)
Listed by KELLER WILLIAMS VILLAGE SQUARE
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@foxroach.com

352 Stokes Rd, Medford, NJ, 08055, USA

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732 S 15th St