792 S 15th St Newark, NJ 07108
Clinton Hill NeighborhoodEstimated payment $3,320/month
About This Home
Cheaper than renting!!! This two-family home was fully renovated in 2024, modern finishes and all new appliances (one year old). Perfect for investors or first-time homebuyers. The first-floor features two bedrooms plus an extra room that can be used as a third bedroom or home office. First floor will be delivered vacant. The second floor offers a spacious open concept living and dining area, three bedrooms, and an additional bonus room ideal as a fourth bedroom or office. Each unit pays its own utilities for added convenience. Second floor is rented $2,000/monthly. Enjoy the fenced backyard, perfect for pets or outdoor gatherings. Low taxes of approximately $5,084 and rent income from the second floor makes this property a great deal. Conveniently located less than a quarter mile from the bus station, commuting is easy. This home also qualifies for many programs: Community Reinvestment Act (CRA) programs, first time homebuyer down -payment assistance, closing costs assistance and first generation for buyers that qualifies for these programs. NJMFA First Generation Down Payment Assistance Program provides up to $17,000 - $22,0000 in total assistance when combined with other NJMFA programs. If you want to know if you qualify, reach out. FYI: Pictures dont show the beauty of this house. Come and see it in person please.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,084
Year Built
- Built in 1895 | Remodeled
Lot Details
- 2,178 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Multiple Heating Units
- Standard Electricity
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $38,200
Listing and Financial Details
- Assessor Parcel Number 1614-02647-0000-00049-0000-
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,984 | $211,000 | $11,000 | $200,000 |
| 2024 | $4,984 | $133,700 | $11,000 | $122,700 |
| 2023 | $4,995 | $133,700 | $11,000 | $122,700 |
| 2022 | $4,995 | $133,700 | $11,000 | $122,700 |
| 2021 | $4,992 | $133,700 | $11,000 | $122,700 |
| 2020 | $5,081 | $133,700 | $11,000 | $122,700 |
| 2019 | $5,028 | $133,700 | $11,000 | $122,700 |
| 2018 | $4,938 | $133,700 | $11,000 | $122,700 |
| 2017 | $4,760 | $133,700 | $11,000 | $122,700 |
| 2016 | $4,599 | $133,700 | $11,000 | $122,700 |
| 2015 | $4,424 | $133,700 | $11,000 | $122,700 |
| 2014 | $4,146 | $133,700 | $11,000 | $122,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $550,000 | +29.4% | -- | |
| 06/13/2024 06/13/24 | Sold | $425,000 | +7.6% | -- | View Prior Sale |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- | |
| 02/21/2024 02/21/24 | For Sale | $395,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $425,000 | Prestige Title | |
| Deed | $20,000 | None Available | |
| Deed | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | North American Title | |
| Bargain Sale Deed | $305,000 | Town Title Agency Llc | |
| Bargain Sale Deed | $70,000 | First American Title Ins Co | |
| Bargain Sale Deed | $65,000 | Stewart Title Guaranty Compa |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $300,287 | FHA |
Source: Garden State MLS
MLS Number: 3996521
APN: 14-02647-0000-00049
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