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Duplex with Three-Bedroom Units
New
For Sale
$559,000

411 S 15Th St, Newark, NJ 07103

Both residences are occupied under month-to-month leases, offering flexibility for an incoming owner.

Property SizeContact for details
Days on Market4

Property Features for 411 S 15Th St

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $5,946

Building Details

Year Built 1930
Units 2
Tenancy Multi
Listing Agency: Carnegie Real Estate LLC
Listed By: HIPOLITO TOURON
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 5:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carnegie Real Estate LLC

Investment Insights

Based on property information with market context.

This Newark duplex was built in 1930 and contains two residences, each configured with 3 bedrooms and 1 full bathroom. The property is currently occupied by longtime tenants whose month-to-month lease arrangements provide a flexible transition structure for a new owner.

Located at 411 S 15th St, the property records a walk score of 69, a transit score of 61, and a bike score of 50. Its two-unit configuration may accommodate an owner-occupant seeking a residence alongside a separately occupied unit, or an investor evaluating a residential income property.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 full bathroom in each residence
  • Built in 1930
  • Both units occupied by longtime tenants on month‑to‑month leases

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,389
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
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied under month-to-month leases, offering flexibility for an incoming owner.
Where is this duplex located?
The property is located at 411 S 15Th St Newark, NJ.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 full bathroom in each residence; Built in 1930; Both units occupied by longtime tenants on month‑to‑month leases
More about this property
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