1. New Jersey
2. Newark
3. 135-137 S 15th Street

135-137 S 15th Street, Newark, NJ 07107

• 8 beds |
• 6 baths

Property Description

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.

Listing Status:

Active

Date Added:

October 1, 2025 at 05:00AM

Listing Office:

Coldwell Banker, Hoboken : 201-212-5026

Listing Agent:

Jill Biggs : (973) 495-6038

MLS ID:

25035122

Interior

• Rooms: 24
• Laundry: In Unit

Location

• County: ESSEX

Utilities

• Utilities: O/See Rmks

This listing courtesy of Jill Biggs, Coldwell Banker, Hoboken