114 S 15th St Active

Newark City,NJ 07107

$ 825000

6 Beds

4.5 Baths

19998 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $41

Subdivision Southward /Mult/ New Const

MLS Listing ID 3933625

Style 3-Three Story

Bedrooms 6

Full Baths 4

Half Baths 1

Year Built 2024

Annual Tax Amount $805

Tax Year 2023

Lot Size 2,613 Sqft

Property Description

Under Construction: The remarkably spacious new construction two-family building is located in the Fairmount section of Newark near Rutgers & NJIT University and UMDNJ Hospital. Step inside to a stunning living and dining room featuring a large open plan layout that is perfect for hosting and allows for versatile furniture arrangements. At the heart of each apartment is a beautifully designed gourmet kitchen, equipped with ample countertop space, cabinets, a large island of modern stainless steel appliances, hardwood flooring, and a washer hook-up in both units. Stunning master bedroom with a full bathroom that includes a walk-in closet. The ground floor level features a recreational area with a bathroom and an ideal space for relaxation and entertainment. It has a low-maintenance garden, an in-built garage, and off-street parking for 2 cars. Potential rental income is between $6000-$7000K monthly and great location. 5-year tax abatement & 10 Year Home Warranty. Minutes from Branch Brook Park, Newark Airport, and an easy commute to NYC. Close to transport links to I-280, Garden State Pkwy, neighborhood shops, schools & places of worship. looking for an Ideal for an owner-occupied or an investor sound investment. Please submit your best offer at your first opportunity to avoid any disappointment.

Location

State NJ

County Essex

Zoning R2

Interior

Heating Gas-Natural

Cooling 2 Units, Central Air

Exterior

Exterior Feature Brick, Composition Siding, Vinyl Siding

Garage Built-In Garage

Garage Spaces 1.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools S 17Th St

Middle Schools 13Th Ave

High Schools West Side

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