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$699,000

489 15th Ave Newark City, NJ 07103

6 beds
3 full, 2 partial
0.05 acres
Multi-Family

Property details

About 489 15th Ave

Investor's Dream! Unique mixed-use property offering two buildings for the price of one! The first building features two spacious three-bedroom, one-bathroom apartments. The finished basement includes an additional full bathroom. The commercial unit on the first floor, previously used as a beauty salon and barbershop, comes with a half-bathroom. The second building, located behind the first, is perfect for use as an event space and includes a kitchen. Conveniently located near Newark Penn Station, public transportation, and local shops. Don't miss out on this incredible opportunity!

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.05 Acres
Year built1930
ParkingNone, None
MLS #3937169

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Appliances: Other
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Smoke Detector
  • Total Bedroom Count: 6
  • Attached Garage: No
  • Parking: None, None
  • Architectural Style: See Remarks
  • Heating: Natural Gas
  • Cooling: None
  • List Price: $699,000
  • Directions: GPS To South 15th
  • Year Built: 1930
  • Lot Size: 0.05 Acres
  • MLS Number: 3937169
  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (917) 300-9843

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

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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: 7/4/2025, 1:55:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

2

Harriet Tubman Elementary School

Public District PK-6

0.2 mi

504 S 10th St

5

Sir Isaac Newton Elementary School

Public District PK-1

0.6 mi

150 Newton St

2

Grove Street Elementary School

Public District PK-5

0.7 mi

602 Grove St

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 $51,978. Typical income of Newark City, NJ residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

33%
<35k
54%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
37%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

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

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Frequently asked questions

About 489 15th Ave

The listing price of 489 15th Ave property is $699,000.

The property 489 15th Ave is a multi located in Newark City, New Jersey, 07103.

Active Listing: 489 15th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 489 15th Ave are: Harriet Tubman Elementary School (GreatSchools Rating 2/10), Sir Isaac Newton Elementary School (GreatSchools Rating 5/10), Grove Street Elementary School (GreatSchools Rating 2/10), Camden Street Elementary School (GreatSchools Rating 1/10), Thirteenth Avenue Elementary School (GreatSchools Rating 1/10), South Seventeenth Street Elementary School (GreatSchools Rating 5/10), West Side High School (GreatSchools Rating 1/10), Bard Early College High School (GreatSchools Rating 4/10), Peoples Preparatory Charter School (GreatSchools Rating 3/10).

The year of construction for 489 15th Ave is 1930.

This home is located at 489 15th Ave in Newark City, NJ and zip code 07103 in the West Ward neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 7, 2024 and is currently priced at $699,000.

In June 2025 in Newark City, NJ there were 29.7% more homes for sale than in May. The median list price of listings available in June 2025 was $499,000, while the average time on the real estate market was 90 days.

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

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