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411 South 15th St, Newark, NJ, 07103
Three-Bedroom Multifamily Building

411 South 15th St Newark, NJ 07103

New
For Sale
$564,000

Multifamily property with 3-bedroom, 1-bath units currently occupied on month-to-month leases.

Days on Market4

Property Features for 411 South 15th St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1930
Listing Agency: Carnegie Real Estate LLC
Listed By: HIPOLITO TOURON
Source: Elliman
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 23 at 6:52AM

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 multifamily building at 411 South 15th Street offers spacious units configured with three bedrooms and one full bathroom. The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. Reported rental income potential ranges from approximately $2,300 to $2,500 per unit.

Located in Newark, the area scores reflect a somewhat walkable setting with good transit access, and a bike score of 50. The transit score is listed as 61, with walk score at 69.

The existing tenant occupancy and unit mix make this a straightforward income-focused asset while the month-to-month structure may allow for easier transition after the current arrangements.

Key Highlights

  • 1930‑built multifamily at 411 South 15th Street, Newark, NJ.
  • Each unit features 3 bedrooms and 1 full bathroom.
  • Currently occupied by longtime tenants on month‑to‑month leases.

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Gym & Fitness Center Acupuncture Electrical Service Pet Store Pet Grooming Service

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

FAQs

What type of property is this?
Multifamily property - Multifamily property with 3-bedroom, 1-bath units currently occupied on month-to-month leases.
Where is this multifamily property located?
The property is located at 411 South 15th St Newark, NJ.
What is the asking price?
The asking price for this property is $564,000.
What are key features of this property?
This property features: 1930‑built multifamily at 411 South 15th Street, Newark, NJ.; Each unit features 3 bedrooms and 1 full bathroom.; Currently occupied by longtime tenants on month‑to‑month leases.
More about this property
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