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$599,000
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Property Description
This completely vacant two-family home is perfect for investors seeking strong rental income or for an owner-occupant looking to offset their mortgage. Each unit offers 3 great sized bedrooms and 1 full bath, with recent updates to each unit. There is also a backyard for those summer gatherings. The property also features a large unfinished basement with high ceilings and a side entrance, offering endless possibilities for expansion, storage, or recreation.Located near schools, shopping, places of worship, and public transportation, this home provides both convenience and long-term value.Don't miss this chance to secure a versatile investment property in a prime Newark location! THIS HOME QUALIFIES FOR A 4.875% INTEREST RATE AND NO PMI.
Full Property Details
Full Property Details for 595 15th Ave
General
- Price: $599,000
- Taxes: $9,047 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3987170
- Updated: 9/18/2025
- Added to Site: 122 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Open Porch(es), Privacy Fence
Location
- County: Essex
- Driving Directions: on 15th ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1920
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 1200
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 25 x 75
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $209,800
- Land Assmt: $28,100
- Tax Amount: $9,047
- Tax Year: 2024
Disclosures and Reports
- Block: 334
- Lot Number: 29
Listed by Keller Williams City Views Realty
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Schools
Schools serving 595 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 |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.6 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.6 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 1.4 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 1.4 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.5 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.6 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.6 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 595 15th Ave
Date
Details
Price
Change
Source
9/16/2025
Listed
$599,000
6.96%
MLS
5/09/2025
Sold
$560,000
—
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 595 15th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,047
31%
$237,900
—
2023
$6,889
—
$237,900
29%
2022
$6,904
—
$184,800
—
2021
$6,900
33%
$184,800
—
2021
$5,202
15%
$184,800
54%
2019
$4,521
2%
$120,200
—
2018
$4,439
4%
$120,200
—
2017
$4,279
3%
$120,200
—
2016
$4,135
4%
$120,200
—
2015
$3,977
12%
$120,200
—
2013
$3,550
—
$120,200
—
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 595 15th Ave
595 15th Ave, Newark, NJ 07103 (MLS# 3987170) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 595 15th Ave is currently listed for $599,000 and was received on September 16, 2025. Want to learn more about 595 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.

