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    595 15Th Ave Newark, NJ 07103

    For Sale
    $599,000

    2 Family - Newark, NJ

    Days on Market:
    82
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 595 15Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    2

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Architectural style
    Other

    Lencioni Real Estate LLC (201) 592-8900 [email protected]

    Listing agent Daniel Cucalon (201) 592-8900

    Listing date Sep 17, 2025

    MLS# 25033503 Listing URL

    Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Two-Family Newark Home

    This vacant two-family home is suitable for investors seeking rental income or for an owner-occupant looking to offset their mortgage. Each unit features 3 bedrooms and 1 full bath, with recent updates. A backyard is available. The property includes a large unfinished basement with high ceilings and a side entrance, offering possibilities for expansion, storage, or recreation. Located near schools, shopping, places of worship, and public transportation, this home provides convenience and long-term value. The property is located in Newark, NJ.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2075994
    Latitude
    40.7386552

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    FAQs

    What type of property is this?
    Duplex - Two-family home in Newark, ideal for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 595 15Th Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Qualifies for a 4.875% interest rate and no PMI.; - Vacant two-family home ideal for investors or owner-occupants.; - Each unit features 3 bedrooms and 1 full bath with recent updates.
    (201) 592-8900
    Request Owner's contact information
    595 15Th Ave Newark, NJ 07103
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    Newark, NJ 07103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    595 15Th Ave Newark, NJ 07103
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