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$850,000
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Property Description
Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
Full Property Details
Full Property Details for 13-15 May St
General
- Price: $850,000
- Taxes: $10,901
- Status: Active
- Type: Duplex
- Source: NJMLS
- MLS ID: 26020027
- Updated: 8/6/2026
- Added to Site: 61 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Basement
Additional Information
- Other Features: Other
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Other (See Remarks)
Structural Information
- Architectural Style: 2 Family
- Description/Design: Other
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $10,901
Listed by EXP Realty, LLC (866) 201-6210, Peter Boutros (908) 913-8708
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Schools
Schools serving 13-15 May St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.4 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 0.5 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 0.5 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.7 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.6 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.8 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.8 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 13-15 May St
Date
Details
Price
Change
Source
6/10/2026
Listed
$850,000
112.5%
MLS
10/13/2017
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 13-15 May St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,901
7%
$272,600
—
2022
$10,184
—
$272,600
—
2021
$10,179
-2%
$272,600
—
2020
$10,359
1%
$272,600
—
2019
$10,252
28%
$272,600
25%
2018
$8,029
4%
$217,400
—
2017
$7,739
3%
$217,400
—
2016
$7,479
4%
$217,400
—
2015
$7,194
7%
$217,400
—
2014
$6,742
—
$217,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 13-15 May St
13-15 May Street, Newark, NJ 07104 (MLS# 26020027) is a Duplex property with 10 bedrooms and 7 full bathrooms. 13-15 May Street is currently listed for $850,000 and was received on June 10, 2026. Want to learn more about 13-15 May Street? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

