2 months on rocket

Sale Pending

115 Isabella Ave, Newark, NJ, 07106

$489,000

Home List Price

$5,807*

Closing Credit

0 Baths
2,616 SqFt
$187/SqFt
Multi
Schools Nearby

Location

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115 Isabella Ave, Newark$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1915
HeatingNone
CoolingNone
MLS #NJES2000190
Lot Size0.06 Acres
StatusSale Pending
(PENDING)

About 115 Isabella Ave

BACK TO ACTIVE! BUYER FINANCING FELL THROUGH! THEIR LOSS, YOUR GAIN! Charming Multi-Family Home in Prime Newark Location Welcome to 115 Isabel Avenue, a newly renovated multi-unit property nestled in the heart of Newark, New Jersey. This exceptional property offers a unique blend of modern living and investment opportunity, perfect for both homeowners and savvy investors. Key Features: Newly Renovated: Each unit in this property has been thoughtfully updated with contemporary finishes and fixtures, ensuring a turn-key experience for the next owner. From the gleaming hardwood floors to the modern kitchens and bathrooms, every detail has been attended to with care and quality. Two Spacious Units: The property features two generously sized units, each offering ample living space, natural light, and comfort. The first unit provides a traditional layout, perfect for those seeking a blend of style and functionality. Exclusive In-Law Suite: The second-floor unit boasts an additional in-law suite, presenting a versatile space for extended family, guests, or potential rental income. This bonus suite includes entrance, kitchenette, and bathroom, offering privacy and convenience. Location Advantage: Situated in a desirable Newark neighborhood, 115 Isabel Avenue enjoys proximity to local amenities, schools, parks, and transportation links. This prime location enhances the property's appeal, providing both a peaceful residential setting and easy access to urban conveniences. Investment Potential: With two units plus an in-law suite, this property offers multiple rental income streams or the flexibility to live in one unit while renting the others. Its prime location and modern updates make it an attractive option for renters, ensuring a valuable addition to any investment portfolio. Don't miss the opportunity to own this beautifully renovated, multi-unit property in Newark, New Jersey. Whether you're looking for a comfortable home with additional rental income or a solid investment in a thriving area, 115 Isabel Avenue is ready to exceed your expectations. Schedule your visit today and discover the potential of this exceptional property!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Living Area: 2,616 SqFt

Listing Office:

  • Office Name: Keller Williams Realty - Washington Township
  • Office Phone: (856) 582-1200
  • Listing Agent: Arthur Edward Carr Jr.

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: GPS takes you directly to the property.

Municipality:

  • Newark City

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $4,270
  • 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

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

115 Isabella Ave vs Newark

64 DAYS ON ROCKET

-33 Days

$489,000

+$39K More

$187/SqFt

-$48 Less

KEY TAKEAWAY

This property is $39K more than the Median List Price and $48/SqFt less than other homes in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJES2000190

Listing Office:

  • Office Name: Keller Williams Realty - Washington Township
  • Office Phone: (856) 582-1200
  • Listing Agent: Arthur Edward Carr Jr.

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:15:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 01, 2008Home Sold
$330,000
Mar 14, 2008Home Sold
$120,000
Feb 22, 2005Home Sold
$86,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,270$151,700
2019$5,602$151,700
2018$5,401$151,700
2017$5,401$151,700

History based on county public records data.

Payment Calculator

$2,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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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.

High School

school-card-donut-1220894
1
/10

  • Central High School

  • 250 18th Ave

  • 1.72 miles

  • Public District Grades 9-12

school-card-donut-1220895
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 2.19 miles

  • Public District Grades 9-12

school-card-donut-1220896
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 2.20 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 $85,662. Typical income of Newark, NJ residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07106›115 Isabella Ave

This home is located at 115 Isabella Ave in Newark, NJ and zip code 07106 in the West Ward neighborhood. This 2,616 square foot home, which was built in 1915, sits on a 0.06 acre lot. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $489,000.

The inventory of homes for sale in Newark, NJ between February 2024 and March 2024 increased by 31.1%. The median list price of listings available in March 2024 was $449,995, while the average time on the real estate market was 97 days.

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

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