Seller's Agent in 2025
Michael Dente
EXP Realty, LLC
(908) 489-2740
3 in this area
49 Total Sales
472 S 15th St Newark, NJ 07103
West Side Neighborhood
7
Beds
3
Baths
--
Sq Ft
2,662
Sq Ft Lot
About This Home
As of April 2025Turnkey 3-Family Property in Newark This prime investment opportunity features two vacant units ready for new tenants and one unit requiring light cosmetic work. The property includes spacious three-bedroom, one-bath units on the first and second floors, along with a cozy one-bedroom, one-bath unit on the third floor. Recent updates include kitchen and bathroom renovations in 2019, as well as a new furnace. With a projected net operating income of $77,256 and a cap rate exceeding 10%, this property offers exceptional cash flow potential.
Last Buyer's Agent
Outside Agent
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,775
Lot Details
- 2,662 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00031 / 00329
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Apr 16, 2025
Sold by
Francis Jasmine L
Bought by
472 S 15Th St Llc
Seller's Agent
Michael Dente
EXP Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%
Views
277
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,700
Avg. Annual Appreciation
2.86%
Original Mortgage
$610,000
Outstanding Balance
$342,631
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$193,069
Purchase Details
Closed on
Oct 26, 2023
Sold by
472 Nj Llc
Bought by
Francis Jasmine L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,914
Interest Rate
7.19%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 3, 2020
Sold by
472 South 15Th Investment Llc
Bought by
Ani 472 Nj Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 18, 2019
Sold by
472 South Fitheenth Llc
Bought by
472 South 15Th Invests
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.35%
Purchase Details
Closed on
Aug 29, 2013
Sold by
472 S 15Th St Llc
Bought by
472 South Fifteenth
Purchase Details
Closed on
Jun 28, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
472 S 15Th St Limited Liability Company
Purchase Details
Closed on
Oct 18, 2010
Sold by
Rutledge Kareem L
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Dec 5, 2008
Sold by
Rutledge Kareem
Bought by
Moore Reginald
Purchase Details
Closed on
Dec 11, 2006
Sold by
Vasishta Jeffrey
Bought by
Rutledge Kareem
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 21, 2004
Sold by
New Life Investments Inc
Bought by
Sinanan Marsha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,777
Interest Rate
6.28%
Purchase Details
Closed on
Mar 1, 2002
Sold by
Keenan Brian
Bought by
New Life Investments Inc
Purchase Details
Closed on
Sep 13, 1989
Sold by
Fidalfo Alexander
Bought by
Keenan Brian D and Keenan Anne M
Purchase Details
Closed on
Oct 20, 1988
Sold by
Moses Mary
Bought by
Fidalgo Alexander
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $530,000 | Nu World Title | |
| Deed | $625,000 | Champion Title | |
| Deed | $260,000 | Dekel Abstract Llc | |
| Deed | $155,000 | First American Title | |
| Deed | $65,000 | -- | |
| Special Warranty Deed | $27,199 | None Available | |
| Sheriffs Deed | -- | Chicago Title Insurance Co | |
| Deed | $305,000 | Chicago Title Insurance Co | |
| Deed | $381,000 | -- | |
| Deed | $230,625 | -- | |
| Deed | $45,000 | -- | |
| Deed | $84,000 | -- | |
| Deed | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $610,000 | Construction | |
| Previous Owner | $601,914 | FHA | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $270,000 | Commercial | |
| Previous Owner | $255,000 | No Value Available | |
| Previous Owner | $304,800 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $304,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $221,777 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Sold | $530,000 | -8.6% | -- |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | Price Changed | $579,900 | -3.2% | -- |
| 08/16/2024 08/16/24 | For Sale | $599,000 | +2118.5% | -- |
| 11/30/2012 11/30/12 | Sold | $27,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $8,776 | $235,400 | $31,500 | $203,900 |
| 2024 | $8,776 | $235,400 | $31,500 | $203,900 |
| 2022 | $8,795 | $235,400 | $31,500 | $203,900 |
| 2021 | $8,790 | $235,400 | $31,500 | $203,900 |
| 2020 | $6,931 | $182,400 | $31,500 | $150,900 |
| 2019 | $6,860 | $182,400 | $31,500 | $150,900 |
| 2018 | $6,736 | $182,400 | $31,500 | $150,900 |
| 2017 | $3,133 | $88,000 | $31,500 | $56,500 |
| 2016 | $3,027 | $88,000 | $31,500 | $56,500 |
| 2015 | $2,912 | $88,000 | $31,500 | $56,500 |
| 2014 | $2,729 | $88,000 | $31,500 | $56,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Dente
-
O
Buyer's Agent in 2025
Outside Agent
Outside Office
-
Nicholas Verdi
Seller's Agent in 2012
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
(973) 769-1009
11 in this area
169 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24026668
APN: 14-00329-0000-00031
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.
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.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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