$599,000
$20K PRICE DROP

407-409 S 15th St Newark, NJ 07103

West Side Neighborhood

Estimated payment $3,882/month

Total Views 1,891
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Incredible 2-Family Investment Opportunity in Newark! Discover your perfect property at 407 South 15th Street - a stunning two-family home that offers incredible potential and immediate income!Highlights: First Floor: Occupied tenant paying Rent Second Floor: Completely move-in ready Spacious basement with multiple potential uses Hardwood floors throughout entire Bulding Enclosed front porch adding charm and extra living space Massive driveway with parking for 4 vehiclesProperty Details:Turnkey investment opportunityImmediate rental incomeBeautifully maintainedPerfect for investors or owner-occupantsPrime Newark locationThis home isn't just a property - it's a smart financial opportunity! Whether you're looking to generate passive income or create your dream living space, this property checks all the boxes.Bonus Features: Flexible basement for additional living/storage/income potential Ample parking Move-in ready condition Solid rental incomePriced to sell! Don't miss this incredible Newark real estate gem. Schedule your showing today and turn your real estate dreams into reality!

Listing Agent

Zalman Pavel

eRealty Advisors, Inc. Listed on: 10/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,877

Lot Details

  • 3,498 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 35 / 319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,877

Lot Details

0

Parking

5

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-932-2005
  • MLS Status: Active - Active
  • Directions: off south orange
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 5.0

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 3498.0

Tax Info

  • Tax Annual Amount: 8877.0
  • Tax Block: 319
  • Tax Lot: 35

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 List to Sale Price per Sq Ft
11/18/2025 11/18/25 Price Changed $599,000 -3.2% --
10/20/2025 10/20/25 For Sale $619,000 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 25037537

New Jersey MLS
New Jersey Essex County Newark 07103 West Side

407-409 S 15th St, Newark, NJ

For Sale

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New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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Nearby Homes
Listing Agent
Zalman Pavel
Section Image
eRealty Advisors, Inc.
(201) 904-4836