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114 S 15th St, Newark City, NJ, 07107

$825,000

Home List Price

$9,797*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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114 S 15th St, Newark$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, Built-In Garage
Garage1 space
Year BuiltNew Const., 2024
HeatingMulti Unit(s), Forced Air, Natural Gas
CoolingMulti Unit(s), Central Air
BasementYes
MLS #3933625
Lot Size0.06 Acres
StatusActive

About 114 S 15th St

Under Construction: The remarkably spacious new construction two-family building is located in the Fairmount section of Newark near Rutgers & NJIT University and UMDNJ Hospital. Step inside to a stunning living and dining room featuring a large open plan layout that is perfect for hosting and allows for versatile furniture arrangements. At the heart of each apartment is a beautifully designed gourmet kitchen, equipped with ample countertop space, cabinets, a large island of modern stainless steel appliances, hardwood flooring, and a washer hook-up in both units. Stunning master bedroom with a full bathroom that includes a walk-in closet. The ground floor level features a recreational area with a bathroom and an ideal space for relaxation and entertainment. It has a low-maintenance garden, an in-built garage, and off-street parking for 2 cars. Potential rental income is between $6000-$7000K monthly and great location. 5-year tax abatement & 10 Year Home Warranty. Minutes from Branch Brook Park, Newark Airport, and an easy commute to NYC. Close to transport links to I-280, Garden State Pkwy, neighborhood shops, schools & places of worship. looking for an Ideal for an owner-occupied or an investor sound investment. Please submit your best offer at your first opportunity to avoid any disappointment.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 2024

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (862) 283-1281

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Intercom, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Patio, FencVnyl

Parking Information:

  • Garage Space: 1 space
  • Parking: 1 Car Width, Built-In Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Forced Air, Natural Gas
  • Cooling: Multi Unit(s), Central Air

Other

Directions Information:

  • Directions: Central Avenue to S15th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

114 S 15th St vs Newark

39 DAYS ON ROCKET

+25 Days

$825,000

+$425K More

KEY TAKEAWAY

This property is $425K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3933625

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (862) 283-1281

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4454980
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.36 miles

  • Public Charter Grades KG-4

school-card-donut-4454981
5
/10

  • Dionne Warwick Institute

  • 120 Central Ave

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-4454982
3
/10

  • Mildred Barry Garvin Elementary School

  • 1 Grove Pl

  • 0.53 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,955. The majority of Newark, NJ residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07107›114 S 15th St

This home is located at 114 S 15th St in Newark City, NJ and zip code 07107 in the West Ward neighborhood. This home, which was built in 2024, sits on a 0.06 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $825,000.

In November 2024, from all listings sold in Newark, NJ there were more than 22 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Newark, NJ between October 2024 and November 2024 increased by 13.5%. In November 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $400,000.

From Rocket Homes Real Estate and based on county public records data.

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