$7,113 Closing Credit¹
#25009202, Andres Ospina, Listing Office: Keller Williams Park Views
$535,000 List price
732 S 15th St Newark City, NJ 07103
$6,353
Closing credit¹
8 beds
3 full
0.05 acres
Multi-Family
Property details
About 732 S 15th St
This well-maintained two-family property offers an excellent investment opportunity with eight bedrooms and three full bathrooms, generating high rental income - currently $3,010 with room for higher rent roll around $5,300- while benefiting from low property taxes. The property has been recently updated, featuring a brand-new roof, a new boiler, and gutters that were replaced just two years ago. First floor is vacant and upstairs is occupied with reliable, month- to-month tenants in place, it ensures steady cash flow for investors or savyy buyers house-hacking. Located in a rapidly developing area near newly constructed luxury condos, the neighborhood is undergoing significant reconstruction, increasing property values and future appreciation potential. This is a prime opportunity to invest in a high-demand location. The first and second floor have the same layout.
Highlights
Home typeMulti Family
HeatingMulti Unit(s), Natural Gas
StatusAccepting Backup Offers
(Under Contract Cont. to Show)
(Under Contract Cont. to Show)
BasementYes
Lot size0.05 Acres
Year built1907
MLS #3946545
Summary
- MLS Number: 3946545
- Office Name: KELLER WILLIAMS VILLAGE SQUARE
- Office Phone: (347) 592-3774
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Last updated on: 4/28/2025, 1:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$535,000
732 S 15th St
$6,353
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
3
Berkeley Terrace Elementary School
Public District PK-5
0.5 mi
•787 Grove St
2
Harriet Tubman Elementary School
Public District PK-6
0.6 mi
•504 S 10th St
4
Thurgood Marshall Elementary School
Public District PK-5
0.6 mi
•141 Montgomery Ave # 181
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,077. The most common annual income of people living in Newark City, NJ is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
59%
<35k
36%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
30%
Single, with Kids
10%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 732 S 15th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $535,000.
The inventory of homes for sale in Newark City, NJ between February and March 2025 increased by 25.1%. While the average time on the market in March 2025 was 95 days, the median list price was $489,068.
From Rocket Homes Real Estate and based on county public records data.