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472 S 15th St, Newark, NJ 07103
$639,900
472 S 15th St, Newark, NJ 07103View this property at 472 S 15th St, Newark, NJ 07103
472 S 15th StNewarkNJ07103
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Property Description
Come and see this incredible turnkey 3-family property located in the heart of Newark. It presents a fantastic investment opportunity for first-time investors or those looking to expand their portfolio. Two out of the three units are fully rented with dependable, long-term tenants. The first and second floors boast three bedrooms and one bath each, while the third floor offers a comfortable one-bedroom, one-bath layout. The first-floor unit is currently vacant. Meanwhile, the second and third-floor units are completely turnkey with reliable tenants already in place. All three kitchens and bathrooms were renovated in 2019, and the furnace was replaced in the same year. Be sure to check broker notes for rental information.
Full Property Details
Full Property Details for 472 S 15th St
General
- Price: $639,900
- Taxes: $8,775 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3895234
- Updated: 4/17/2024
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Location
- County: Essex
- Driving Directions: South Orange Avenue to 15th Ave L on S 15th Street
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles, Flat
- Year Built: 1947
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- Square Feet: 800
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- Square Feet: 800
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen
- Square Feet: 600
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 26.6 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $203,900
- Land Assmt: $31,500
- Tax Amount: $8,775
- Tax Year: 2023
Disclosures and Reports
- Exclusions: PERSONAL BELONGINGS
- Block: 329
- Lot Number: 31
Listed by Exp Realty, Llc
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Schools
Schools serving 472 S 15th St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
619 S 17th St, Newark, NJ 07103 | K-8 | 0.4 mi | |
359 13th Ave, Newark, NJ 07103 | PK-8 | 0.5 mi | |
701 South Orange Ave, Newark, NJ 07106 | K-8 | 0.7 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 1.6 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 2 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 3.2 mi | |
66 Muhammad Ali Ave, Newark, NJ 07108 | PK-8 | 1.4 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 1.5 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 472 S 15th St
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$639,900
-1.55%
MLS
4/10/2024
Listed
$650,000
4%
MLS
10/26/2023
Sold
$625,000
—
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 472 S 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,795
26%
$235,400
—
2021
$6,963
62%
$235,400
29%
2021
$4,296
-37%
$182,400
—
2019
$6,860
2%
$182,400
—
2018
$6,736
115%
$182,400
107%
2017
$3,133
4%
$88,000
—
2016
$3,027
4%
$88,000
—
2015
$2,912
7%
$88,000
—
2014
$2,729
—
$88,000
—
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 472 S 15th St
472 S 15th St, Newark, NJ 07103 (MLS# 3895234) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 472 S 15th St is currently listed for $639,900 and was received on April 10, 2024. Want to learn more about 472 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.