5 months on rocket

825 S 15th St, Newark City, NJ, 07108

$729,000

Home List Price

$8,657*

Closing Credit

6 Bedrooms
2 Full Baths, 2 Partial
Multi

Location

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825 S 15th St, Newark$729,000

Buyer Closing Credits

$8,657*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway-Exclusive, Detached Garage
Garage2 spaces
Year Built1929
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3911545
Lot Size0.11 Acres
StatusActive

About 825 S 15th St

Welcome to what I call the deal of the year! Don't miss out on this fantastic opportunity to own two properties for the price of one.The first property is a beautifully updated two-family home, featuring 3 bedrooms and 1 bath on each floor, with separate utilities for each unit.The second property is a fully updated bi-level event space, equipped with central air and separate utilities. This versatile space includes 2 baths, with the potential to add a third bath upstairs. Located close to shops, highways, and Newark Penn Station, this unique offering provides the perfect chance to own two income-producing properties. Don't miss out on this exceptional investment opportunity! There is an event Space and a two family property being sold together. The event space is operational. Buyer Responsible for C/O to close but seller can help as well. Two family will be delivered vacant

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex-Side by Side
  • Year Built: 1929

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (973) 378-8300

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway-Exclusive, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: GPS to South 15th

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,000
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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

825 S 15th St vs Newark

165 DAYS ON ROCKET

+151 Days

$729,000

+$329K More

KEY TAKEAWAY

This property is $329K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3911545

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (973) 378-8300

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, 12:55:49 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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Payment Calculator

$3,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

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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-4434730
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-4434731
3
/10

  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-4434732
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.78 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,391. Residents of Newark, NJ typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07108›825 S 15th St

This home is located at 825 S 15th St in Newark City, NJ and zip code 07108 in the South Ward neighborhood. This home, which was built in 1929, sits on a 0.11 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 06, 2024 and is currently priced at $729,000.

In November 2024 more than 22 listings in Newark, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. 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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