Incredible 2-Family Investment Opportunity in Newark! Discover your perfect property at 407 South 15th Street - a stunning two-family home that offers incredible potential and immediate income!Highlights: First Floor: Occupied tenant paying Rent Second Floor: Completely move-in ready Spacious basement with multiple potential uses Hardwood floors throughout entire Bulding Enclosed front porch adding charm and extra living space Massive driveway with parking for 4 vehiclesProperty Details:Turnkey investment opportunityImmediate rental incomeBeautifully maintainedPerfect for investors or owner-occupantsPrime Newark locationThis home isn't just a property - it's a smart financial opportunity! Whether you're looking to generate passive income or create your dream living space, this property checks all the boxes.Bonus Features: Flexible basement for additional living/storage/income potential Ample parking Move-in ready condition Solid rental incomePriced to sell! Don't miss this incredible Newark real estate gem. Schedule your showing today and turn your real estate dreams into reality!
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Street View
$619,000
407 S 15Th St, Newark City, NJ 07103
6beds
4,368sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$654,500 Zestimate®
$142/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 53 |
- 2 |
Zillow last checked: 12 hours ago
Listing updated: August 14, 2025 at 09:37am
Listed by:
Zalman L. Pavel 929-214-2120,
Erealty Advisors, Inc.
Source: GSMLS,MLS#: 3981346

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Master Bedroom, Dining Room
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 4,368
- Total interior livable area: 4,368 sqft
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Shared Driveway
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 35 x 100
Details
- Parcel number: 1614003190000000350000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt Shingle
Condition
- Year built: 1930
- Major remodel year: 2025
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Gas In Street, Cable Available
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $165,400
- Annual tax amount: $6,290
- Date on market: 8/17/2025
- Total actual rent: 2000
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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