792 S 15Th St Open House

Newark City,NJ 07108

$ 550000

5 Beds

2 Baths

19998 SqFt


OPEN HOUSE

Sun Nov 16, 1:00pm - 2:30pm 

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $27

MLS Listing ID 3996521

Style 3-Three Story

Bedrooms 5

Full Baths 2

Year Built 1895

Annual Tax Amount $5,084

Tax Year 2024

Lot Size 2,178 Sqft

Property Description

Cheaper than renting!!! This two-family home was fully renovated in 2024, modern finishes and all new appliances (one year old). Perfect for investors or first-time homebuyers. The first-floor features two bedrooms plus an extra room that can be used as a third bedroom or home office. First floor will be delivered vacant. The second floor offers a spacious open concept living and dining area, three bedrooms, and an additional bonus room ideal as a fourth bedroom or office. Each unit pays its own utilities for added convenience. Second floor is rented $2,000/monthly. Enjoy the fenced backyard, perfect for pets or outdoor gatherings. Low taxes of approximately $5,084 and rent income from the second floor makes this property a great deal. Conveniently located less than a quarter mile from the bus station, commuting is easy. This home also qualifies for many programs: Community Reinvestment Act (CRA) programs, first time homebuyer down -payment assistance, closing costs assistance and first generation for buyers that qualifies for these programs. NJMFA First Generation Down Payment Assistance Program provides up to $17,000 - $22,0000 in total assistance when combined with other NJMFA programs. If you want to know if you qualify, reach out. FYI: Pictures dont show the beauty of this house. Come and see it in person please.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Electric, Gas-Natural

Cooling None

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature See Remarks, Vinyl Siding

Utilities Available See Remarks

Roof Type Asphalt Shingle, See Remarks

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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