$9,797

closing credit¹

114 S 15th St Newark City, NJ 07107

$825,000
6 beds
4 full, 1 partial
0.06 acres
Multi-Family

Property details

About 114 S 15th St

Under Construction: The remarkably spacious new construction two-family building is located in the Fairmount section of Newark near Rutgers & NJIT University and UMDNJ Hospital. Step inside to a stunning living and dining room featuring a large open plan layout that is perfect for hosting and allows for versatile furniture arrangements. At the heart of each apartment is a beautifully designed gourmet kitchen, equipped with ample countertop space, cabinets, a large island of modern stainless steel appliances, hardwood flooring, and a washer hook-up in both units. Stunning master bedroom with a full bathroom that includes a walk-in closet. The ground floor level features a recreational area with a bathroom and an ideal space for relaxation and entertainment. It has a low-maintenance garden, an in-built garage, and off-street parking for 2 cars. Potential rental income is between $6000-$7000K monthly and great location. 5-year tax abatement & 10 Year Home Warranty. Minutes from Branch Brook Park, Newark Airport, and an easy commute to NYC. Close to transport links to I-280, Garden State Pkwy, neighborhood shops, schools & places of worship. looking for an Ideal for an owner-occupied or an investor sound investment. Please submit your best offer at your first opportunity to avoid any disappointment.

Highlights

Home typeMulti Family
HeatingMulti Unit(s), Forced Air, Natural Gas
StatusAccepting Backup Offers
(Under Contract Cont. to Show)
CoolingMulti Unit(s), Central Air
BasementYes
Lot size0.06 Acres
Year builtNew Const., 2024
Parking1 Car Width, Built-In Garage
MLS #3933625
Garage1 space

Summary

  • MLS Number: 3933625
  • Office Name: EXP REALTY, LLC
  • Office Phone: (862) 283-1281

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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Last updated on: 1/30/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a balcony and a garage

$825,000

114 S 15th St

$9,797

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Roseville Community Charter School

Public Charter KG-4

0.4 mi

540 Orange St

5

Dionne Warwick Institute

Public District PK-5

0.4 mi

120 Central Ave

3

Mildred Barry Garvin Elementary School

Public District 3-5

0.5 mi

1 Grove Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,955. Residents of Newark City, NJ typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

56%
<35k
31%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
38%
Single, with Kids
7%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 114 S 15th St in Newark City, NJ and zip code 07107 in the West Ward neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 9, 2024 and is currently priced at $825,000.

In December 2024 more than 17 listings in Newark City, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Newark City, NJ increased by 10.8% between November and December 2024. In December 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $440,000.

From Rocket Homes Real Estate and based on county public records data.

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