732 S 15th St Newark City, NJ 07103
Multi-Family (2-4 Units)
MLS #: 3946545
Courtesy Of Keller Williams Realty Village Square
Property InformationDescription
This well-maintained two-family property offers an excellent investment opportunity with eight bedrooms and three full bathrooms, generating high rental income - currently $3,010 with room for higher rent roll around $5,300- while benefiting from low property taxes. The property has been recently updated, featuring a brand-new roof, a new boiler, and gutters that were replaced just two years ago. First floor is vacant and upstairs is occupied with reliable, month- to-month tenants in place, it ensures steady cash flow for investors or savyy buyers house-hacking. Located in a rapidly developing area near newly constructed luxury condos, the neighborhood is undergoing significant reconstruction, increasing property values and future appreciation potential. This is a prime opportunity to invest in a high-demand location. The first and second floor have the same layout.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Aluminum Siding
- Lot Size: 0.05 Acres
- Roof Type: Asphalt
- Rooms: Basement, Dining Room, Kitchen
MAP & DIRECTIONS
School Information
732 S 15th St, Newark City, NJ 07103
Elementary School
Grades KG-8 |
Public School
HAWTHORNE AVENUE ELEMENTARY SCHOOL
Newark, NJ 07112
428 Hawthorne Ave
973.705.3960
Distance: 0.7 mi
School Rating
D
Student:Teacher Ratio
13:1
Total Students
466
Middle School
Grades KG-8 |
Public School
HAWTHORNE AVENUE ELEMENTARY SCHOOL
Newark, NJ 07112
428 Hawthorne Ave
973.705.3960
Distance: 0.7 mi
School Rating
D
Student:Teacher Ratio
13:1
Total Students
466
High School
Grades 9-12 |
Public School
BARRINGER HIGH SCHOOL
Newark, NJ 07104
90 Parker St
973.268.5125
Distance: 2.4 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
1600
High School
Grades 9-12 |
Public School
CENTRAL HIGH SCHOOL
Newark, NJ 07108
250 18th Ave
973.733.6378
Distance: 0.9 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
729
High School
Grades 9-12 |
Public School
EAST SIDE HIGH SCHOOL
Newark, NJ 07105
238 Van Buren St
973.465.4900
Distance: 2.7 mi
School Rating
D-
Student:Teacher Ratio
14:1
Total Students
2024
High School
Grades 9-12 |
Public School
MALCOM X SHABAZZ HIGH SCHOOL
Newark, NJ 07108
80 Johnson Ave
973.733.6974
Distance: 1.2 mi
School Rating
D
Student:Teacher Ratio
10:1
Total Students
360
High School
Grades 9-12 |
Public School
NEWARK BRIDGES HIGH SCHOOL
Newark, NJ 07103
Distance: 1.3 mi
High School
Grades 9-12 |
Public School
TECHNOLOGY HIGH SCHOOL
Newark, NJ 07104
223 Broadway
973.481.5962
Distance: 2.9 mi
School Rating
A
Student:Teacher Ratio
13:1
Total Students
685
High School
Grades 9-12 |
Public School
WEEQUAHIC HIGH SCHOOL
Newark, NJ 07112
279 Chancellor Ave
973.705.3923
Distance: 1.5 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
385
High School
Grades 9-12 |
Public School
WEST SIDE HIGH SCHOOL
Newark, NJ 07103
403 S Orange Ave
973.733.7019
Distance: 1.0 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
620
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| South Seventeenth Street Elementary School | 0.4 mi | Public | KG-8 | C+ |
| Avon Avenue Elementary School | 0.5 mi | Public | KG-8 | D- |
| University High School | 0.5 mi | Public | 7-12 | C+ |
| Berkeley Terrace Elementary School | 0.5 mi | Public | PK-5 | D |
| Harriet Tubman Elementary School | 0.6 mi | Public | PK-6 | D- |
| Thurgood Marshall Elementary School | 0.6 mi | Public | PK-5 | C |
| Grove Street Elementary School | 0.6 mi | Public | PK-5 | D- |
| Achieve Community Charter School | 0.6 mi | Public | KG-7 | C |
| Cleveland Elementary School | 0.8 mi | Public | PK-8 | D- |
| University Elementary School | 0.8 mi | Public | PK-5 | D |
| University Middle School | 0.8 mi | Public | 6-8 | D- |
| Bragaw Avenue Elementary School | 0.8 mi | Public | KG-8 | |
| Fourteenth Avenue Elementary School | 0.8 mi | Public | KG-4 | |
| Bard Early College High School | 0.9 mi | Public | 9-12 | C |
| Peoples Preparatory Charter School | 0.9 mi | Public | 9-12 | D+ |
| Camden Street Elementary School | 0.9 mi | Public | PK-8 | F |
| Burch Charter School Of Excellence | 0.9 mi | Public | KG-5 | D+ |
| Belmont Runyon Elementary School | 0.9 mi | Public | PK-8 | F |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Newark, NJ 07103
| Median Age: | 33.3 |
|---|---|
| Married: | 20% |
| Number of Households: | 13,375 |
| Households with Children: | 38% |
Newark, NJ 07103
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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