Listing Courtesy of: GARDEN STATE MLS - IDX / Coldwell Banker Realty / Jill Biggs - Contact: 973-495-6038

135 S 15th St Newark City, NJ 07107

Active (5 Days)

$889,000 ^(USD)

BED

BATH

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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.

MLS #:
3990126

Taxes
$10,633(2025)

Lot Size
3,485 SQFT

Type
Multifamily

Year Built
2006

County
Essex County

Listed By

Jill Biggs, Coldwell Banker Realty, Contact: 973-495-6038

Source
GARDEN STATE MLS - IDX
Last checked Oct 6 2025 at 2:42 PM EDT

Bathroom Details

Full Bathrooms: 6

Heating and Cooling

See Remarks
Forced Hot Air
Central Air

Exterior Features

Vinyl Siding
Brick
Roof: Asphalt Shingle
Roof: See Remarks

Utility Information

Utilities: Public Water, See Remarks
Sewer: Public Sewer
Fuel: Coal

Garage

See Remarks

Parking

See Remarks
2 Car Width

Additional Information: Hoboken | 973-495-6038

Location

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

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Interest rate

Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: The data displayed relating to real estate for sale comes in part from the IDX Program of the Garden State Multiple Listing Service, L.L.C. Real Estate listings held by other brokerage firms are marked as IDX Listing.Information deemed reliable but not guaranteed. Listing Data Copyright 2025 Garden State Mulitple Listing Service, L.L.C. All rights reserved
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