$500,000
PENDING

110 S 15th St Unit 112 Newark, NJ 07107

Fairmount Neighborhood

Estimated payment $3,271/month

Total Views 3,203
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Walk-In Closet
  • Level Lot

About This Home

3-family investment property features a total of 6 bedrooms and 3 full baths, with each unit offering 2 bedrooms, 1 bath, and separate living and dining rooms. The property will be delivered vacant. With a projected rent roll of approximately $7,500 per month ($90,000 annually) and property taxes around $7,200 per year, it offers strong income potential. Situated on a 53 x 100 lot, the property also presents possible subdivision or redevelopment opportunities. Basement is full / unfinished. Proximity to major highways and NYC buses and trains. Above-ground oil tank. Property will be sold strictly "AS IS CONDITION. Buyer will be responsible for all municipal certificates and green card.

Listing Agent

Marvin Williams

COLDWELL BANKER REALTY Brokerage Phone: 908-422-8621 Listed on: 08/18/2025

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,320

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Flat Roof Shape
  • Tile Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heat Pump System
  • Heating System Uses Oil Above Ground
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Net Operating Income $1

Listing and Financial Details

  • Assessor Parcel Number 1614-01861-0000-00058-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,320

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 110-112
  • Directions: Central Ave to S 15 St
  • I D: 5379114
  • Modified: 2025-09-06
  • Number Images: 6
  • Attribution Contact: 908-422-8621
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet
  • Total Number Rooms: 17
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Flat, Tile

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width

Utilities

  • Fuel Type: Oil Tank Above Ground - Inside
  • Heating: 1 Unit, Heat Pump, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 53X100
  • Assessed Improvement Value: 167700
  • Assessed Land Value: 24800
  • Assessment: 192500
  • Lot Description: Level Lot
  • Lot Identifier: 58
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7320
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01861-0000-00058-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,176 $192,500 $24,800 $167,700
2024 $7,176 $192,500 $24,800 $167,700
2022 $7,192 $192,500 $24,800 $167,700
2021 $7,188 $192,500 $24,800 $167,700
2020 $6,815 $192,500 $24,800 $167,700
2019 $6,740 $192,500 $24,800 $167,700
2018 $6,609 $192,500 $24,800 $167,700
2017 $6,353 $192,500 $24,800 $167,700
2016 $6,122 $192,500 $24,800 $167,700
2015 $5,870 $192,500 $24,800 $167,700
2014 $5,469 $192,500 $24,800 $167,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2025 09/06/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $500,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Garden State MLS

MLS Number: 3981808

Garden State MLS

APN: 14-01861-0000-00058