820 S 15th St Newark, NJ 07108
Clinton Hill NeighborhoodEstimated payment $1,678/month
Highlights
- Corner Lot
- High Ceiling
- Forced Air Heating and Cooling System
About This Home
Prime Corner Lot Brick Commercial Building with Endless Possibilities. Unlock the potential of this well-positioned, all-brick commercial property located on a prominent corner lot. With excellent street visibility and accessibility, this versatile space offers a unique opportunity for investors, developers, or entrepreneurs seeking a multi-use location.Currently zoned R3, this property allows for the potential to build an extension or explore various redevelopment options (buyers to verify with city zoning). The existing structure is ideal for a wide range of uses, including a laundromat, restaurant, hair or beauty salon, daycare center, or community-based services.The building offers solid construction, a flexible layout, and ample room to tailor the interior to suit specific operational needs. Whether you?re looking to launch a new business or expand an existing one, this property delivers unmatched flexibility in a high-traffic, high-visibility location.Don?t miss out on this rare opportunity to own a corner commercial asset in a growing area. The possibilities truly are endless.
Listing Agent
TYASIA PARKS
KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 9739547628 Listed on: 05/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,278
Year Built
- Built in 1930
Lot Details
- 1,307 Sq Ft Lot
- Corner Lot
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 4 Bathrooms
- High Ceiling
- Unfinished Basement
- Walk-Out Basement
Schools
- Madison Elementary School
- Central Middle School
- Weequahic High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Gas Water Heater
Community Details
- 1,744 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1614-02647-0000-00035-0000-
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 | $4,168 | $112,500 | $8,400 | $104,100 |
| 2024 | $4,168 | $112,500 | $8,400 | $104,100 |
| 2022 | -- | $111,800 | $7,700 | $104,100 |
| 2021 | $0 | $111,800 | $7,700 | $104,100 |
| 2020 | $0 | $111,800 | $7,700 | $104,100 |
| 2019 | $0 | $111,800 | $7,700 | $104,100 |
| 2018 | $0 | $111,800 | $7,700 | $104,100 |
| 2017 | $0 | $111,800 | $7,700 | $104,100 |
| 2016 | $0 | $111,800 | $7,700 | $104,100 |
| 2015 | -- | $111,800 | $7,700 | $104,100 |
| 2014 | -- | $111,800 | $7,700 | $104,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $250,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $90,000 | Accura Title | |
| Quit Claim Deed | -- | -- | |
| Bargain Sale Deed | $150,000 | Manchseter Title Agency | |
| Bargain Sale Deed | $10,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | New Conventional |
Source: Garden State MLS
MLS Number: 3966256
APN: 14-02647-0000-00035
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