15 days on rocket

558 S 18th St, Newark, NJ, 07103

$1,350,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

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558 S 18th St, Newark$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
HeatingNatural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24015348
StatusActive
(ACTIVE)

About 558 S 18th St

Welcome to 558 S 18th St, a mixed-use property being sold along with 286 - 290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.

Property Details

Property Features

Listing Office:

  • Office Name: Lim Bances Realty
  • Listing Agent: Lim Bances

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Mason/stucco, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • South Seventeenth Street Elementary School, Public District Grades KG-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000

Tax Information:

  • Annual Amount: $7,239
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. List Price

$453K

Med. Price/SqFt

$241

Avg. Days On Market

93

# of Sold Homes

20

558 S 18th St vs Newark

15 DAYS ON ROCKET

-78 Days

$1,350,000

+$897K More

KEY TAKEAWAY

This property is $897K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015348

Listing Office:

  • Office Name: Lim Bances Realty
  • Listing Agent: Lim Bances

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 9:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,239$283,000
2019$10,451$283,000
2018$10,075$283,000
2017$10,075$283,000

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6278871
4
/10

  • South Seventeenth Street Elementary School

  • 619 S 17th St

  • 0.18 miles

  • Public District Grades KG-8

High School

school-card-donut-6278872
1
/10

  • Central High School

  • 250 18th Ave

  • 1.06 miles

  • Public District Grades 9-12

school-card-donut-6278873
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.60 miles

  • Public District Grades 9-12

school-card-donut-6278874
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 2.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,740. Residents of Newark, NJ typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 558 S 18th St

What is the listing price of this property?

The listing price of 558 S 18th St property is $1,350,000.

What type of property is this?

The property 558 S 18th St is a house located in Newark, New Jersey, 07103.

Is this property for sale now?

Active Listing: 558 S 18th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 558 S 18th St are:
South Seventeenth Street Elementary School: GreatSchools Rating 4/10
Central High School: GreatSchools Rating 1/10
Malcom X Shabazz High School: GreatSchools Rating 1/10
Weequahic High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,239 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 558 S 18th St has 4 bedrooms and 3 full and 1 half bathrooms.

Rocket Homes›New Jersey›Essex County›Newark›07103›558 S 18th St

This home is located at 558 S 18th St in Newark, NJ and zip code 07103 in the West Ward neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,350,000.

The number of listings in Newark, NJ increased by 25.9% between March 2024 and April 2024. While the average time on the market in April 2024 was 93 days, the median list price was $453,000.

From Rocket Homes Real Estate and based on county public records data.

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