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$675,000
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Property Description
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!
Full Property Details
Full Property Details for 586 15th Ave
General
- Price: $675,000
- Taxes: $6,462 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4045829
- Updated: 8/11/2026
- Added to Site: 13 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Location
- County: Essex
- Driving Directions: So 17th Street to So 15th Avenue
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick, Vinyl Siding
- Roof: Asphalt Shingles
- Year Built: 2003
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 30 x 90.3
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Assessment Amount: $131,000
- Land Assmt: $30,600
- Tax Amount: $6,462
- Tax Year: 2025
Disclosures and Reports
- Block: 328
- Lot Number: 29
Listed by Re/Max First Realty Ii
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Schools
Schools serving 586 15th Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.3 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.9 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.5 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.7 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.8 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.5 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 586 15th Ave
Date
Details
Price
Change
Source
8/09/2026
Listed
$675,000
6.13%
MLS
2/06/2025
Sold
$636,000
—
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 586 15th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,462
7%
$161,600
—
2023
$6,024
—
$161,600
—
2022
$6,037
—
$161,600
—
2021
$6,034
33%
$161,600
—
2021
$4,549
-24%
$161,600
—
2018
$5,968
-2%
$161,600
—
2019
$6,078
6%
$161,600
—
2017
$5,753
3%
$161,600
—
2016
$5,559
4%
$161,600
—
2015
$5,347
12%
$161,600
—
2013
$4,772
—
$161,600
—
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 586 15th Ave
586 15th Ave, Newark, NJ 07103 (MLS# 4045829) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 586 15th Ave is currently listed for $675,000 and was received on August 09, 2026. Want to learn more about 586 15th Ave? 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.

