#3929963, Listing Office: WEST HOBOKEN RESIDENTIAL LLC
732 S 15th St Newark City, NJ 07103
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
(Under Contract Cont. to Show)
Summary
- MLS Number: 3946545
- Office Name: KELLER WILLIAMS VILLAGE SQUARE
- Office Phone: (347) 592-3774
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Last updated on: 4/6/2025, 9:20:48 PM 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
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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. Typical income of Newark City, NJ residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
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.
Between February and March 2025, Newark City, NJ real estate market has seen increase in the number of listings by 25.1%. While the average time on the market in March 2025 was 95 days, the median list price was $489,068.