Welcome to 586 15th Ave, Newark, NJ. A Great Two-Family Opportunity!Discover the possibilities in this recently updated property, offering an excellent opportunity for owner-occupants and investors. Featuring a total of 4 bedrooms and 2 full bathrooms, this property combines comfortable living spaces with the flexibility and income potential that makes ownership so attractive.Each unit offers 2 bedrooms, 1 full bathroom, livingroom/dining and kitchen. Generously sized living areas with plenty of natural light, creating bright and welcoming spaces for everyday living.Great Location. The property offers convenient access to the Garden State Parkway, Routes 280 and 78, making commuting throughout North Jersey and beyond easy. Newark Penn Station and Newark Liberty International Airport are both within convenient reach, providing access to NYC, regional transportation, and air travel.You'll also enjoy proximity to Rutgers New Jersey Medical School, University Hospital, public transportation, shopping, dining, and everyday conveniences.Whether you're searching for your first home, looking for an owner-occupied investment opportunity, or expanding your real estate portfolio, 586 15th Ave offers the location, versatility, and potential you've been looking for.Don't miss this opportunity schedule your private showing today and discover everything this property has to offer!
Active
$675,000
586 15Th Ave, Newark City, NJ 07103
5beds
--sqft
Multi Family
Built in 2003
-- sqft lot
$700,200 Zestimate®
$--/sqft
$-- HOA
What's special
Plenty of natural lightBright and welcoming spaces
- 21 days
- 344
- 23
Zillow last checked:
Listing updated:
Listed by:
Suselle Salermo 732-945-8852,
Re/Max First Realty Ii
Source: GSMLS,MLS#: 4045829
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Forced Air, Electric, Natural Gas
Appliances
- Included: Dishwasher, Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan
- Laundry: Laundry Room
Features
- Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: See Remarks
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 30 x 90.3
Details
- Parcel number: 1614003280000000290000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 2003
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $161,600
- Annual tax amount: $6,462
- Date on market: 8/9/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
$700,200
$665,000 - $735,000
$2,843/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Listed for sale | $675,000-0.7% |
Source:  GSMLS #4045829 Report a problem | ||
| 7/26/2026 | Listing removed | $680,000 |
Source: GSMLS #4032746 Report a problem | ||
| 6/6/2026 | Listed for sale | $680,000+6.9% |
Source: GSMLS #4032746 Report a problem | ||
| 2/21/2025 | Sold | $636,000+69.6% |
Source: Public Record Report a problem | ||
| 11/1/2024 | Sold | $375,000+19% |
Source: HCMLS #240008075 Report a problem | ||
| 5/10/2024 | Pending sale | $315,000 |
Source:  NJMLS #24013117 Report a problem | ||
| 5/1/2024 | Listed for sale | $315,000+113% |
Source: NJMLS #24013117 Report a problem | ||
| 4/14/2003 | Sold | $147,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,462 +5.2% | $161,600 |
| 2024 | $6,146 +0.1% | $161,600 |
| 2023 | $6,141 | $161,600 |
| 2022 | $6,141 | $161,600 |
| 2021 | $6,141 +1% | $161,600 |
| 2020 | $6,078 +37.4% | $161,600 |
| 2019 | $4,422 | $161,600 |
| 2018 | $4,422 -20.5% | $161,600 |
| 2017 | $5,559 +4% | $161,600 |
| 2016 | $5,347 +6.7% | $161,600 |
| 2015 | $5,011 +5% | $161,600 |
| 2014 | $4,772 -18.4% | $161,600 |
| 2013 | $5,848 +3.7% | $161,600 -4.6% |
| 2012 | $5,638 +4.7% | $169,400 |
| 2011 | $5,387 +16.1% | $169,400 |
| 2010 | $4,640 +5.4% | $169,400 |
| 2009 | $4,403 +513.9% | $169,400 |
| 2008 | $717 | $169,400 |
| 2006 | -- | $169,400 |
| 2005 | -- | $169,400 |
| 2004 | $622 | $169,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Side
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