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$599,000
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Property Description
Turnkey fully detached BRICK two-family home with multiple parking in Newark?s West Side offering immediate rental income and strong investment potential. Currently fully occupied, generating strong monthly income. Features include hardwood floors throughout, enclosed front porch, spacious basement with flexible use potential, and a rare driveway accommodating up to four vehicles. Spacious and bright apartments, featuring 3 beds, 1 baht per unit, with ample living space. Conveniently located near public transportation, shopping, and major commuter routes?making this an excellent opportunity for investors or owner-occupants alike. Explore the possibilities and schedule a private tour today.
Full Property Details
Full Property Details for 407 S 15th St
General
- Price: $599,000
- Taxes: $6,614 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4014128
- Updated: 3/12/2026
- Added to Site: 11 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Location
- County: Essex
- Driving Directions: S Orange to 14th Ave.
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1930
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room, Porch
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 35 x 100
- Driveway/Sidewalk: Driveway-Shared
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $132,900
- Land Assmt: $32,500
- Tax Amount: $6,614
- Tax Year: 2025
Disclosures and Reports
- Block: 319
- Lot Number: 35
Listed by Exp Realty, Llc
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Schools
Schools serving 407 S 15th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.4 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.6 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.6 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.7 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 407 S 15th St
Date
Details
Price
Change
Source
3/12/2026
Listed
$599,000
93.23%
MLS
7/15/2019
Sold
$310,000
—
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 407 S 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,290
2%
$165,400
—
2023
$6,166
—
$165,400
—
2022
$6,179
—
$165,400
—
2021
$6,173
33%
$165,400
—
2021
$4,653
-25%
$165,400
—
2019
$6,221
2%
$165,400
—
2018
$6,108
4%
$165,400
—
2017
$5,888
3%
$165,400
—
2016
$5,690
4%
$165,400
—
2015
$5,473
12%
$165,400
—
2013
$4,884
—
$165,400
—
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 407 S 15th St
407 S 15th St, Newark, NJ 07103 (MLS# 4014128) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 407 S 15th St is currently listed for $599,000 and was received on March 12, 2026. Want to learn more about 407 S 15th St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

