407 S 15th St
Newark City, NJ 07103
Price: $619,000
GSMLS: 3981346Type: Multi-Family
Style: 1-One Story
Total Units: 2
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1930
Acres: 0.08
Property Tax: $6,290
Description
Incredible 2-family Investment Opportunity In Newark! Discover Your Perfect Property At 407 South 15th Street - A Stunning Two-family Home That Offers Incredible Potential And Immediate Income!highlights: First Floor: Occupied Tenant Paying Rent Second Floor: Completely Move-in Ready Spacious Basement With Multiple Potential Uses Hardwood Floors Throughout Entire Bulding Enclosed Front Porch Adding Charm And Extra Living Space Massive Driveway With Parking For 4 Vehiclesproperty Details:turnkey Investment Opportunityimmediate Rental Incomebeautifully Maintainedperfect For Investors Or Owner-occupantsprime Newark Locationthis Home Isn't Just A Property - It's A Smart Financial Opportunity! Whether You're Looking To Generate Passive Income Or Create Your Dream Living Space, This Property Checks All The Boxes.bonus Features: Flexible Basement For Additional Living/storage/income Potential Ample Parking Move-in Ready Condition Solid Rental Incomepriced To Sell! Don't Miss This Incredible Newark Real Estate Gem. Schedule Your Showing Today And Turn Your Real Estate Dreams Into Reality!
General Info
Style:
1-One Story
SqFt Building:
4,368
Total Rooms:
10
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
35X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Additional Parking, Driveway-Shared
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SeeRem
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Porch, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SeeRem
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street
Services:
Cable TV Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$619,000
Tax Amount:
$6,290
Land Assessment:
$32,500
Build. Assessment:
$132,900
Total Assessment:
$165,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3981346
List Date:
08-14-2025
Days On Market:
0
Listing Broker:
EREALTY ADVISORS, INC.
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TheForgesDenville.com
