NJ > Newark City
Newark City, NJ 07107,135-137 S 15Th St
Newark City, NJ 07107,135-137 S 15Th St
Newark City, NJ 07107,135-137 S 15Th St
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$889,000
Est. payment /mo
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8 Beds
6 Baths
4,710 SqFt
Open 10/4 1PM-3PM

135-137 S 15Th St Newark City, NJ 07107

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Chris Fleming

Chris Fleming

+1(908) 283-0602

Open House

Sat Oct 04, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,710 sqft

Price per Sqft $188

MLS Listing ID 3990126

Style 3-Three Story

Bedrooms 8

Full Baths 6

Year Built 2006

Annual Tax Amount $10,633

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

Investor's Opportunity in Newark's Fairmount Neighborhood!Fully occupied three-family property delivering steady income with great long-term tenants already in place. Located in the Fairmount section of Newark, this rent-controlled asset offers both stability and upside for investors. With a 5.7% cap rate, it's a solid addition to any portfolio seeking reliable cash flow in one of Newark's most promising neighborhoods.* Three-family property in Fairmount, Newark* Fully occupied with dependable, long-term tenants* Rent-controlled " offering security and consistency* Strong investment return with a 4.9% cap rateIdeal for investors seeking a turnkey property with built-in stability and long-term value.

Location

State NJ

County Essex

Interior

Heating Coal

Cooling Central Air, See Remarks

Heat Source Coal

Exterior

Exterior Feature Brick, Vinyl Siding

Parking Features See Remarks

Utilities Available See Remarks

Roof Type Asphalt Shingle, See Remarks

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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 COLDWELL BANKER REALTY

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Chris Fleming

Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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