135-137 S 15th Street, Newark, NJ

$889,000

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8

Beds

6

Baths

About 135-137 S 15th Street

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 rate Ideal for investors seeking a turnkey property with built-in stability and long-term value.

Features of 135-137 S 15th Street

MLS® # 25035122
Price $889,000
Bedrooms 8
Bathrooms 6.00
Full Baths 6
Type 2-4 Family
Status Active

Community Information

Address 135-137 S 15th Street
City Newark
County ESSEX
State NJ
Zip Code 07107

Amenities

Utilities See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed October 1st, 2025
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJill Biggs
OfficeColdwell Banker, Hoboken

Listing Map

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