For Multi Family

406 S 15Th St,Newark City, NJ 07103-1653

October 23, 2025

Located at 406 S 15th Street in Newark, this multi-family property spans three stories. The first and second floors each feature a 3-bedroom, 1-bathroom layout, offering spacious living areas, well-sized bedrooms, and functional kitchens. The third floor is a versatile bonus space designed as a studio-style living area with a bathroom, offering privacy and convenience. This property presents an excellent investment opportunity, whether for rental purposes or as a private living space, and is situated in a prime location with easy access to amenities and transportation.

Property ID:PT-5760284-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 569,000 $

Bedrooms:7

Year Built:1914

Listing Details

Status: Active

Location

County: Essex

Lotsize: 25X100

Lot Identifier: 45

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2025

Basmnt/Desc: Yes - Unfinished

Acreage: 0.06

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 13

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: ASAP

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 9999

Unit 1 Rent: 9999

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas

Unit 2 Levels: 2

Unit 2 Rooms: 7

Unit 2 Beds: 4

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 9999

Unit 2 Rent: 9999

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 2 Security Deposit: 9999

Block Identifier: 318

County Number: 16

Town Number: 1614

YB/Desc: 1914 - Approximate, Renovated

Easement: No

Parking/Driveway Description: On-Street Parking

Block Identifier: 318

County Number: 16

Town Number: 1614

Possession: ASAP

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units

Cool System: None

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 1614-00318-0000-00045-0000-

Tax Amount: $5,571.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $31,300.00

Building Assessment: $115,200.00

Total Assessment: $146,500.00

FHA Age Restricted: No

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Listing Details

406 S 15Th St,Newark City, NJ 07103-1653

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