135-137 S 15th St, Newark, NJ 07107

Local realty services provided by:ERA Queen City Realty
135-137 S 15th St,Newark City, NJ 07107
$889,000
  • - Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jill k. biggs
Office:coldwell banker realty
MLS#:3990126
Source:NJ_GSMLS

Price summary

  • Price:$889,000

About this home

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

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2006
  • Listing ID #:3990126
  • Added:1 day(s) ago
  • Updated:October 01, 2025 at 11:55 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:2006
  • Lot area:0.08 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$889,000
  • Tax amount:$10,633 (2025)
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 IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website 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. This information is being provided 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. Date Last Updated October 1, 2025

New listings near 135-137 S 15th St