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$250,000
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Property Description
Prime Corner Lot Brick Commercial Building with Endless Possibilities. Unlock the potential of this well-positioned, all-brick commercial property located on a prominent corner lot. With excellent street visibility and accessibility, this versatile space offers a unique opportunity for investors, developers, or entrepreneurs seeking a multi-use location.Currently zoned R3, this property allows for the potential to build an extension or explore various redevelopment options (buyers to verify with city zoning). The existing structure is ideal for a wide range of uses, including a laundromat, restaurant, hair or beauty salon, daycare center, or community-based services.The building offers solid construction, a flexible layout, and ample room to tailor the interior to suit specific operational needs. Whether you?re looking to launch a new business or expand an existing one, this property delivers unmatched flexibility in a high-traffic, high-visibility location.Don?t miss out on this rare opportunity to own a corner commercial asset in a growing area. The possibilities truly are endless.
Full Property Details
Full Property Details for 820 S 15th St
General
- Price: $250,000
- Taxes: $4,278 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3966256
- Updated: 5/30/2025
- Added to Site: 233 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: High Ceilings, Tile Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Half Bathrooms: 4
Exterior
- Exterior Features: See Remarks
- Color: Blue
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: Madison ave to 15th Street
School Information
- Elementary School: MADISON
- Middle School: CENTRAL
- High School: WEEQUAHIC
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Flat
- Square Feet: 1,744
- Year Built: 1930
Unit Information
Unit 1
- Unit Description: See Remarks
- Square Feet: 840
- Levels/Stories: 1
- Total Bathrooms: 2
Unit 2
- Unit Description: See Remarks
- Square Feet: 310
- Levels/Stories: 1
- Total Bathrooms: 1
Unit 3
- Unit Description: See Remarks
Lot Features
- Lot Size (Acres): 0.03
- Lot Dimensions: 17.6 x 86.10
- Driveway/Sidewalk: On-Street Parking
- Zoning: r3
- Lot Description: Corner
Financial Considerations
- Expenses: Utilities
- Assessment Amount: $104,100
- Land Assmt: $8,400
- Tax Amount: $4,278
- Tax Year: 2024
Disclosures and Reports
- Block: 2647
- Lot Number: 35
Listed by Keller Williams Mid-Town Direct
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Schools
Schools serving 820 S 15th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.5 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.6 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.9 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.9 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 1.2 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 1.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.3 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.4 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 820 S 15th St
Date
Details
Price
Change
Source
5/30/2025
Listed
$250,000
177.78%
MLS
2/21/2023
Sold
$90,000
—
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 820 S 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,278
100%
$112,500
1%
2022
100%
$111,800
—
2021
100%
$111,800
—
2019
-100%
$111,800
—
2016
$3,846
4%
$111,800
—
2015
$3,699
12%
$111,800
—
2013
$3,301
—
$111,800
—
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 820 S 15th St
820 S 15th St, Newark, NJ 07108 (MLS# 3966256) is a Multi-Family property with 1 unit containing 0 bedrooms, 0 full bathrooms and 4 partial bathrooms. 820 S 15th St is currently listed for $250,000 and was received on May 30, 2025. Want to learn more about 820 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.

