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114 S 15th St, Newark, 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
Garage1 space
MLS #24035992
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.

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Darrell Bailey

Interior Features

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 1 space

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

38 DAYS ON ROCKET

+24 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: #24035992

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Darrell Bailey

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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 Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

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, 5:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2006Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $21,600
2019 - $21,600
2018 - $21,600
2017 - $21,600

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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NMLS#3030

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-4407080
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.36 miles

  • Public Charter Grades KG-4

school-card-donut-4407081
5
/10

  • Dionne Warwick Institute

  • 120 Central Ave

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-4407082
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. Most Newark, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

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, NJ and zip code 07107 in the West Ward neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $825,000.

While more than 22 listings in Newark, NJ in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The number of homes for sale in Newark, NJ increased by 13.5% between October 2024 and November 2024. Listings spent 14 days on the market in November 2024, and had a median list price of $400,000 during the same period.

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

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