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847 S 15th, Newark, NJ, 07108

8beds
5baths
3,056sqft
$750,000
$245price/sqft
$5,861/moest. monthly cost
$234,440/yrincome needed

About This Home

Getting Around

71
WalkingVery Walkable
63
TransitGood Transit
50
BikeBikeable

Schools

1/10
Central High SchoolGrades 9-121.0 mi
1/10

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Bedrooms,Kitchen,Living Room,Master Bedroom

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: 2 Units

Interior Area

  • Total structure area: 3,056
  • Total interior livable area: 3,056 sqft

Property

Details

  • Parcel number: 1403011000000022

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 31.3 x 100

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$421$5,052
Property Taxes $1,312$15,744
Electricity $336$4,042
Total$5,861$70,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,948/yr
40% on housing$175,830/yr
45% on housing$156,293/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 07108$251
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07108$264
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-25Listed for sale$750,000
2018-04-15Listing removed$1,200
2018-03-17Price change$1,200
2018-02-24Price change$1,500
2018-01-18Listed for rent$1,200
2017-09-05Sold$180,000
2006-05-02Sold$440,000
2004-10-20Sold$60,000

For Sale by Agent

AgentAyo Agbejimi
BrokerageSolace Realty Concepts Llc

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