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Image 1 - 825 S 15th St, Newark, New Jersey, 07108 - House for sale
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S Th St, Newark, Home For Sale
825 S 15th St, Newark, New Jersey, 07108

S Th St, Newark, Home For Sale

house for sale
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Listed: 07/09/24

825 S 15th St, Newark, New Jersey, 07108

6 Bed:
2.5 Bath:
Save
Price
$ 729,000

About This House

Welcome to what I call the deal of the year! Don't miss out on this fantastic opportunity to own two properties for the price of one.The first property is a beautifully updated two-family home, featuring 3 bedrooms and 1 bath on each floor, with separate utilities for each unit.The second property is a fully updated bi-level event space, equipped with central air and separate utilities. This versatile space includes 2 baths, with the potential to add a third bath upstairs. Located close to shops, highways, and Newark Penn Station, this unique offering provides the perfect chance to own two income-producing properties. Don't miss out on this exceptional investment opportunity! There is an event Space and a two family property being sold together. The event space is operational. Buyer Responsible for C/O to close but seller can help as well. Two family will be delivered vacant

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Newark Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Newark, United States averaged $378,660, a decrease of 8.1% from the previous month.
Median price trends for properties for sale in Newark, United States as of August 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.