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New Construction Duplex with Rooftop Terrace
For Sale
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524 South 15th Street, Newark, NJ 07103

Two-unit residence with separate entrances, utilities, and laundry hookups for distinct household privacy.

Property SizeContact for details
Days on Market171

Property Features for 524 South 15th Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Lease / 2 Family

Units

Unit Mix 4BR/3.5BA, 3BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,275

Amenities

rooftop terrace
3
Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
2
2.0
5

Building Details

Buildings 1
Listing Agency: RE/MAX First Realty II
Listed By: Ingrid Jean-Gilles
Source: Compass
Added: Mar 17 Changed: Sep 2 Last Checked: Sep 2 at 12:19AM

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 RE/MAX First Realty II

Investment Insights

Based on property information with market context.

Newly built duplex comprising two separately accessed units with contemporary finishes, open layouts, and abundant natural light from large windows. The first-floor unit includes 4 bedrooms, 3.5 bathrooms, two primary suites, a recreation room, a chef’s kitchen with quartz counters and a large island, and an en-suite bedroom positioned behind the garage. The second unit contains 3 bedrooms and 2 full bathrooms. Both residences include laundry hookups, separate utilities, hardwood flooring, central HVAC, high-efficiency systems, and storage. A private rooftop terrace provides outdoor space with skyline views, while the property also includes a 2-car garage.

Located at 524 South 15th Street in Newark, the duplex is described as close to schools, shopping, restaurants, and public transit.

Key Highlights

  • Two‑unit duplex with 7 bedrooms and 5.5 bathrooms
  • First‑floor unit includes 4 bedrooms, 3.5 bathrooms, two primary suites, and a recreation room
  • Second unit offers 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center Skin Care Clinic (Bike/Boat/Book/etc) 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

2
Residential units

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?
Duplex - Two-unit residence with separate entrances, utilities, and laundry hookups for distinct household privacy.
Where is this duplex located?
The property is located at 524 South 15th Street Newark, NJ.
What are key features of this property?
This property features: Two‑unit duplex with 7 bedrooms and 5.5 bathrooms; First‑floor unit includes 4 bedrooms, 3.5 bathrooms, two primary suites, and a recreation room; Second unit offers 3 bedrooms and 2 full bathrooms
More about this property
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