Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants.The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. With rental income potential ranging from approximately $2,300"$2,500 per unit, this property offers strong income potential and future upside.Whether you're an investor looking for a solid income-producing asset or a first-time homebuyer looking to live in one unit while offsetting your mortgage by renting the other, this property presents a great opportunity to build equity and generate consistent cash flow in a growing Newark market.
411 South 15th Street, Newark City NJ 07103-1601
Property City
Newark City
Property Price
$589,000
Bedrooms
6
Year Built
1930
Tax Annual Amount
$0
TaxYear (*text)
2025
Roof (*text)
Flat
MLS Status
Active
MLS #
4014727
Yearly Tax Rate
3.999
Year Built (*numeric)
1930
Basement
No
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
No
Cooling (*text)
2 Units, Central Air
Heating
2 Units, See Remarks
Lot Size Dimensions
25X100
Data import from
GSMLS