135-137 S 15th Street Newark, NJ 07107
Listing Courtesy of: NJMLS / Coldwell Banker Realty / Jill Biggs

  135-137 S 15th Street Newark, NJ 07107

Active (6 Days)
$889,000 (USD)
8
BED
6
BATH

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 rate Ideal for investors seeking a turnkey property with built-in stability and long-term value.

MLS #:
25035122
Taxes
$10,633
Lot Size
3,642 SQFT
Type
Multifamily
County
Essex County

Listed By

Jill Biggs, Coldwell Banker Realty
Source
NJMLS
Last checked Oct 6 2025 at 2:06 PM EDT
Bathroom Details
  • Full Bathrooms: 6
Utility Information
  • Utilities: See Remarks
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
Down payment
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Interest rate
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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: Copyright 2025 NJMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/6/25 07:06