Under contract

$589,000

411 S 15Th St, Newark City, NJ 07103

6beds

3,486sqft

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Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$169/sqft

$-- HOA

What's special

Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants. The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. With rental income potential ranging from approximately $2,300"$2,500 per unit, this property offers strong income potential and future upside. Whether you're an investor looking for a solid income-producing asset or a first-time homebuyer looking to live in one unit while offsetting your mortgage by renting the other, this property presents a great opportunity to build equity and generate consistent cash flow in a growing Newark market.

30 days

169

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

2 Units, See Remarks, Natural Gas

Cooling

2 Units, Central Air

Appliances

Included: See Remarks

Features

Bedrooms, Kitchen, Living Room, Rec Room, Storage, Utility Room
Basement: None
Has fireplace: No

Interior area

Total structure area: 3,486
Total interior livable area: 3,486 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car Width, Off Street
Uncovered spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 3,484 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614003190000000360000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Flat

Condition

Year built: 1930

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $148,700
Annual tax amount: $5,946
Date on market: 6/4/2026
Total actual rent: 3500
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/18/2026	Pending sale	$589,000$169/sqft
Source: GSMLS #4032354 Report a problem
6/1/2026	Listed for sale	$589,000$169/sqft
Source: NJMLS #26019693 Report a problem
5/28/2026	Listing removed	$589,000$169/sqft
Source: NJMLS #26008573 Report a problem
5/17/2026	Listed for sale	$589,000$169/sqft
Source: GSMLS #4014727 Report a problem
4/3/2026	Pending sale	$589,000$169/sqft
Source: GSMLS #4014727 Report a problem
3/16/2026	Listed for sale	$589,000+274%$169/sqft
Source: GSMLS #4014727 Report a problem
6/4/2025	Listing removed	$2,300$1/sqft
Source: Zillow Rentals Report a problem
4/30/2025	Listed for rent	$2,300+27.8%$1/sqft
Source: Zillow Rentals Report a problem
5/12/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/21/2023	Listed for rent	$1,800$1/sqft
Source: Zillow Rentals Report a problem
4/8/2023	Listing removed	--
Source: Zillow Rentals Report a problem
3/9/2023	Listed for rent	$1,800+20%$1/sqft
Source: Zillow Rentals Report a problem
2/8/2020	Listing removed	$1,500
Source: Exit Platinum Realty Report a problem
2/2/2020	Listed for rent	$1,500
Source: Exit Platinum Realty Report a problem
3/15/2011	Sold	$157,500+250%$45/sqft
Source: Public Record Report a problem
4/30/2010	Sold	$45,000-82.6%$13/sqft
Source: Public Record Report a problem
11/21/2009	Listing removed	$259,000$74/sqft
Source: EXIT Golden Realty Group #2395719 Report a problem
12/10/2008	Listed for sale	$259,000+20.7%$74/sqft
Source: iHOUSEWeb Solutions, Inc #2395719 Report a problem
9/13/2005	Sold	$214,500+138.3%$62/sqft
Source: Public Record Report a problem
12/10/2004	Sold	$90,000$26/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,947 +5.2%	$148,700
2024	$5,655 +0.1%	$148,700
2023	$5,651	$148,700
2022	$5,651	$148,700
2021	$5,651 +1%	$148,700
2020	$5,593 +37.4%	$148,700
2019	$4,069	$148,700
2018	$4,069 -20.5%	$148,700
2017	$5,115 +4%	$148,700
2016	$4,920 +6.7%	$148,700
2015	$4,611 +5%	$148,700
2014	$4,391 +8.2%	$148,700 +22%
2012	$4,057 +4.7%	$121,900
2011	$3,876 +16.1%	$121,900
2010	$3,339 +5.4%	$121,900
2009	$3,168 +4.4%	$121,900
2008	$3,035	$121,900
2007	$3,035	$121,900
2006	--	$121,900
2005	--	$121,900
2004	$2,633	$121,900
2003	--	$121,900 +643.3%
2002	--	$16,400
2001	--	$16,400

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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