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Brick Duplex with Private Driveway
For Sale
$599,000

407 S 15Th St, Newark, NJ 07103

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market173

Property Features for 407 S 15Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Basement, Bathroom 2, Bedroom 2
Parking 4
Directions S Orange to 14th Ave.
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6614

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

hardwood floors
enclosed front porch
basement

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: MORDY ABELESZ · License #1755145
Added: Mar 12 Changed: Aug 19 Last Checked: Aug 31 at 9:06AM
MLS# 4014128

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1930, this fully detached brick duplex contains two residential units, each with three bedrooms and one bathroom. Interior features include hardwood flooring, an enclosed front porch, and a basement offering additional flexible-use space. Forced-air heating, central air, a shingle roof, public water, and public sewer serve the property.

The 0.08-acre parcel includes a private driveway with capacity for up to four vehicles. The property is located on S 15th St in Newark City’s West Side, near public transportation, shopping, and major commuter routes. Both apartments are currently occupied, providing an existing residential rental configuration for an investor or an owner-occupant.

Key Highlights

  • Two fully occupied residential units, each with 3 bedrooms and 1 bathroom
  • Fully detached brick construction built in 1930
  • Private driveway accommodates up to four vehicles

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,388
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied two-family property with separate three-bedroom residential layouts and on-site parking.
Where is this duplex located?
The property is located at 407 S 15Th St 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: Two fully occupied residential units, each with 3 bedrooms and 1 bathroom; Fully detached brick construction built in 1930; Private driveway accommodates up to four vehicles
More about this property
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