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Three-Unit Multifamily Building with Garage
For Sale
Contact for pricing
Pending

510 S 15th, Newark, NJ 07103

Separate utilities and a built-in garage support distinct unit operations.

Property Size3,911 SF
Days on Market37

Property Features for 510 S 15th

General Information

Standard status Pending
Size 3,911 SF
Property subtype Multi Family 2-4 Units

Additional Details

Sprinkler System Yes
Multifamily Units 3

Building Details

Buildings 1
Stories 3
Listing Agency: JD Frances Realty
Listed By: Deanna Sery
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 29 Last Checked: Aug 29 at 4:11PM

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 JD Frances Realty

Investment Insights

Based on property information with market context.

This three-unit multifamily property in Newark contains 3,911 square feet and is arranged across three levels. The first-floor apartment includes two bedrooms, one bathroom, and an open-concept living area. The upper residences provide open layouts with additional bedroom configurations, including en-suite bedrooms with walk-in closets. One upper-level plan also includes a home office or fourth-bedroom arrangement.

Physical improvements include a built-in garage and sprinkler system. Separate utilities serve the individual apartments, supporting distinct utility administration for each residence. The property is located at 510 S 15th in Newark, New Jersey.

The asset carries a 30-year rent control exemption and a five-year tax abatement. It is registered with both the local government and the state authority.

Key Highlights

  • 3,911 SQ‑Ft triplex arranged across three levels
  • Built‑in garage and sprinkler system
  • Separate utilities for the three apartments

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center Skin Care Clinic Big Box & Wholesale Store

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

3
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,484
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?
Triplex - Separate utilities and a built-in garage support distinct unit operations.
Where is this triplex located?
The property is located at 510 S 15th Newark, NJ.
What are key features of this property?
This property features: 3,911 SQ‑Ft triplex arranged across three levels; Built‑in garage and sprinkler system; Separate utilities for the three apartments
More about this property
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