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135-137 S 15th St, 
Newark City, NJ 07107

$889,000


Bed


6

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Jill Biggs

201-212-5026

Last updated:

October 6, 2025, 07:21 AM

MLS#

3990126

Source:

NJ GSMLS

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About This Home

135-137 S 15th St

Investor's Opportunity in Newark's Fairmount Neighborhood!Fully occupied three-family property delivering steady income with great long-term tenants already in place. Located in the Fairmount section of Newark, this rent-controlled asset offers both stability and upside for investors. With a 5.7% cap rate, it's a solid addition to any portfolio seeking reliable cash flow in one of Newark's most promising neighborhoods.* Three-family property in Fairmount, Newark* Fully occupied with dependable, long-term tenants* Rent-controlled " offering security and consistency* Strong investment return with a 4.9% cap rateIdeal for investors seeking a turnkey property with built-in stability and long-term value.

Home Facts

Multi-Family

6 Baths

Built in 2006

Price Summary

889,000

MLS #:

3990126

Last Updated:

October 6, 2025, 07:21 AM

Added:

13 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6


Structure

Structure

Architectural Style:

3-Three Story

Year Built:

2006


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$889,000

135-137 S 15th St
Source:NJ GSMLS
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 6, 2025

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