135-137 S 15th St, Newark, NJ 07107
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
135-137 S 15th St,Newark City, NJ 07107
$889,000
- - Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Oct 0401:00 pm - 03:00 pm
Listed by:jill k. biggs
Office:coldwell banker realty
MLS#:3990126
Source:NJ_GSMLS
Price summary
- Price:$889,000
About this home
Investor's Opportunity in Newark's Fairmount Neighborhood!Fully occupied three-family property delivering steady income with great long-term tenants already in place. Located in the Fairmount section of Newark, this rent-controlled asset offers both stability and upside for investors. With a 5.7% cap rate, it's a solid addition to any portfolio seeking reliable cash flow in one of Newark's most promising neighborhoods.* Three-family property in Fairmount, Newark* Fully occupied with dependable, long-term tenants* Rent-controlled " offering security and consistency* Strong investment return with a 4.9% cap rateIdeal for investors seeking a turnkey property with built-in stability and long-term value.
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Home facts
- Year built:2006
- Listing ID #:3990126
- Added:2 day(s) ago
- Updated:October 01, 2025 at 11:55 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
Heating and cooling
- Cooling:Central Air
- Heating:Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2006
- Lot area:0.08 Acres
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$889,000
- Tax amount:$10,633 (2025)
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