135-137 S 15th St, Newark City, NJ

$889,000

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8

Beds

6

Baths

0.08

Acres

About 135-137 S 15th St

Investor's Opportunity in Newark's Fairmount Neighborhood!Fully occupied three-family property delivering steady income with great long-term tenants already in place. Located in the Fairmount section of Newark, this rent-controlled asset offers both stability and upside for investors. With a 5.7% cap rate, it's a solid addition to any portfolio seeking reliable cash flow in one of Newark's most promising neighborhoods.* Three-family property in Fairmount, Newark* Fully occupied with dependable, long-term tenants* Rent-controlled " offering security and consistency* Strong investment return with a 4.9% cap rateIdeal for investors seeking a turnkey property with built-in stability and long-term value.

Features of 135-137 S 15th St

MLS® # 3990126
Price $889,000
Bedrooms 8
Bathrooms 6.00
Full Baths 6
Acres 0.08
Year Built 2006
Type Multi Family
Style ThreStry
Status Active

Community Information

Address 135-137 S 15th St
City Newark City
County Essex
State NJ
Zip Code 07107-1052

Amenities

Utilities See Remarks
Parking Spaces 4
Parking 2 Car Width, See Remarks
Garages See Remarks

Interior

Heating Coal
Has Basement No

Exterior

Exterior Brick, Vinyl Siding
Roof Asphalt Shingle, See Remarks

Additional Information

Date Listed October 1st, 2025
Days on Market 25

Listing Details

OfficeCOLDWELL BANKER REALTY
Contact Info973-495-6038

Listing Map

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