820 S 15Th St Newark, NJ $ 250,000
820 S 15Th St
$ 250,000
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820 S 15Th St

Newark, NJ, 07108
$ 250,000
Baths0.4 Sq 1,744

Monthly Estimate*

$ 1,539

820 S 15Th St, Newark, NJ 07108 - Image 1
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820 S 15Th St, Newark, NJ 07108 - Image 7
Studio

Multi-Family Home for sale in Newark, NJ

for $250,000 with 4 half baths. This 1,744 square foot home was built in 1930 on a lot size of 0.03.

Prime Corner Lot Brick Commercial Building with Endless Possibilities. Unlock the potential of this well-positioned, all-brick commercial property located on a prominent corner lot. With excellent street visibility and accessibility, this versatile space offers a unique opportunity for investors, developers, or entrepreneurs seeking a multi-use location.Currently zoned R3, this property allows for the potential to build an extension or explore various redevelopment options (buyers to verify with city zoning). The existing structure is ideal for a wide range of uses, including a laundromat, restaurant, hair or beauty salon, daycare center, or community-based services.The building offers solid construction, a flexible layout, and ample room to tailor the interior to suit specific operational needs. Whether you?re looking to launch a new business or expand an existing one, this property delivers unmatched flexibility in a high-traffic, high-visibility location.Don?t miss out on this rare opportunity to own a corner commercial asset in a growing area. The possibilities truly are endless.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Half Bath

4

Property Type

Multi-Family

Taxes

$ 4,278

Style

2-Two Story

Lot Size

0.03

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

3966256

Features
Interior
Interior Amenities High Ceilings Tile Floors
Basement Unfinished Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 0
Fuel Type Gas-Natural
Half Baths 4
Total Bedrooms 0
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General
Sewer Public Sewer
Heating Forced Hot Air
Cooling Central Air
Utilities All Underground
Possession immediately
Roof Flat
Water Heater Gas
Zoning r3
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1930
Garage On-Street Parking
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 3
Full Baths 0
Status Active
Directions Madison ave to 15th Street
High School WEEQUAHIC
Open Parking Spaces 0
Number Of Units Total 1
Elementary School MADISON
Tax Annual Amount 4278
Home Warranty Y/N No
Middle/Junior High School CENTRAL
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 112500
Town # 1614
Tax Lot 35
Farm Assessment No
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Exterior
Exterior Amenities See Remarks
Lot Features Corner
Water Source Public Water
Exterior Description Brick
Building Area Total 1744
Lot Dimensions 17.6X86.10
Lot Size Acres 0.03
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* Excluded Features
List By
TYASIA PARKS

Listing Agent

Keller Williams Mid-Town Direct

Broker

Affordability Calculator

$1,896
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$357
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4948269 Elementary School
5158669 Middle School
Weequahic High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2025$250,000 Listed Price

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820 S 15Th St, Newark, NJ, 07108 is a Multi-Family Home for sale at $250,000 with 1,744 sqft and a lot size of 0.03. 820 S 15Th St is a studio with 0.4 baths and was built in 1930. The property's zip code is 07108 which is in Newark, NJ