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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Steven Pagan

Steven Pagan

+1(609) 631-5668
$889,000
Est. payment /mo
8 Beds
6 Baths
4,710 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

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

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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
Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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