732 S 15th St
Newark City, NJ 07103-1460
- 8 beds
- 3 baths
- – sqft
- 2,178 sqft lot
- 1907 build
- – on site
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.
Last checked:
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Last updated Feb 20, 2025
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MLS# 3946545 —
The Building
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Construction Date/Year Built:Renovated
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Construction Date/Year Built:1907
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Renovated Year:2018
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Unit Style:3-Three Story
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Roof Description:Asphalt Shingle
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Exterior Description:Aluminum Siding
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Basement:Yes
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Total # of Units:2
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Building SqFt:2,208 Sqft
Interior
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Interior Features:Smoke Detector
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Total # of Rooms:10
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Basement Description:Full, Unfinished
Financial & Terms
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Possession:15-60
Location
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Directions:Gps turn into S 15th from Springfield
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Latitude:40.72899
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Longitude:-74.20989
The Property
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Approx Lot Size:25 Sqft
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Total Acres:0 Sqft
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Lot Identifier:41
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Exterior Features:Metal Fence
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Exclusions:Tenants personal belongings
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Easements:Unknown
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Assessment Land:30600
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (201) 445-4300
Taxes
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Tax ID For Property:1614-02634-0000-00041-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.803
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Tax Amount:$6,830
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:8
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Unit 1 Bedrooms:3
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Unit 3 Bedrooms:2
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Unit 2 Bedrooms:3
Baths
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Total # of Baths:3.00
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Total # of Full Baths:3
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
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Unit 3 Baths:1.0
Heating & Cooling
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Cooling:Window A/C(s)
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Heating:2 Units
Utilities
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Utilities:Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
The Community
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Assessment Total:179600
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Assessment Total Tax:*
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Assessment Bldg:149000
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Assess Amount Building Tax:*
Parking
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Parking/Driveway Description:None
Extra Units
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Unit 1 SqFt:9999
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Unit 2 SqFt:9999
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 3 Levels:3
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Unit 1 Rooms:4
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Unit 2 Rooms:4
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Unit 3 Rooms:2
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 3 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
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Unit 2 Room Description:Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
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Unit 3 Room Description:Attic, Bedrooms
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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2/18/25
Feb 18, 2025
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Coming Soon | GSMLS | $535,000 | 19.2% (7.7% / YR) |
8/22/22
Aug 22, 2022
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NJMLS | $449,000 | 10.9% | |
8/9/22
Aug 9, 2022
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GSMLS | $405,000 | -9.8% |