$889,000
OPEN SAT 1PM - 3PM

135-137 S 15th St Newark, NJ 07107

Fairmount Neighborhood

Estimated payment $5,599/month

Total Views 30
8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Living Room
  • Central Air
  • Dining Room

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 rate Ideal for investors seeking a turnkey property with built-in stability and long-term value.

Listing Agent

Jill Biggs

COLDWELL BANKER REALTY License #0568727 Listed on: 10/01/2025

COLDWELL BANKER REALTY

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,633

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Water Sewer Expense $1,800

Listing and Financial Details

  • Exclusions: All personal possessions.
  • Legal Lot and Block 14.01 / 1862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,633

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Exclusions: All personal possessions.
  • Inclusions: Appliances and light fixtures as installed
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 6
  • Total Full Baths: 6
  • Total Bedrooms: 8
  • Total Living Rooms: 3
  • Basement Other Rooms: 1
  • Basement Rent: 500
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1442
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1648
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Geo Address Line: 135 S 15th St # 137
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Lot: 14.01

Tax Info

  • Year: 2025
  • Taxes: 10633

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

Property History

Date Event Price Change Sq Ft Price
10/01/2025 10/01/25 For Sale $889,000 -- --
Source: Hudson County MLS

Source: Hudson County MLS

MLS Number: 250020273

Hudson County MLS
New Jersey Essex County Newark 07018 Fairmount

135-137 S 15th St, Newark, NJ

This home is located at 135-137 S 15th St, Newark, NJ 07107 and is currently priced at $889,000. 135-137 S 15th St is a home located in Essex County with nearby schools including Harriet Tubman School, Sir Isaac Newton Elementary School, and Camden Street Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Jill Biggs
Listing Agent
Jill Biggs
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COLDWELL BANKER REALTY
(201) 292-0841