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16-20 Poe Ave, Newark, NJ, 07106

$850,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
4 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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16-20 Poe Ave, Newark$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingBaseboard, Natural Gas, Hot Water, Radiant
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24009212
StatusActive
(ACTIVE)

About 16-20 Poe Ave

Come see the crown jewel of Newark's desirable Vailsburg neighborhood! This rarely available, beautifully maintained, brick-faced 3-family home is ready for its new owner! Step off of peaceful and idyllic Poe Avenue and into more than 4,500 square feet of income generating possibilities. All 3 units are spacious with high ceilings, separate hot water heaters, gas meters, electrical boxes and furnaces. All units showcase spacious bedrooms, easy-flowing floor plans and hardwood flooring. The basement spans the width of the house and features a half-bathroom as well as a partially finished bedroom. The premises are secured by cameras and a security service that sends alerts directly to the owner's phone. Three detached garages sit directly in the back of the house along with space for three other vehicles to be parked in the back. The driveway allows parking for up to four cars. Located just five minutes from Seton Hall University and one block away from public transportation!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Villa Realtors-North Bergen
  • Listing Agent: Gennifer Stribling

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Security

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Radiant
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • Barringer High School, Public District Grades 9-12
  • Lincoln Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $7,223
  • Tax Year: 2020
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Housing Market Comparison

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

Med. List Price

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

16-20 Poe Ave vs Newark

31 DAYS ON ROCKET

-66 Days

$850,000

+$400K More

KEY TAKEAWAY

This property is $400K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009212

Listing Office:

  • Office Name: RE/MAX Villa Realtors-North Bergen
  • Listing Agent: Gennifer Stribling

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: 4/30/2024, 11:25:18 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

Mar 08, 2021Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,223$256,600
2019$9,476$256,600
2018$9,135$256,600
2017$9,135$256,600

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

Elementary School

school-card-donut-3961238
3
/10
  • Lincoln Elementary School

  • 87 Richelieu Ter

  • 0.26 miles

  • Public District Grades PK-8

High School

school-card-donut-3961239
1
/10
  • Central High School

  • 250 18th Ave

  • 2.49 miles

  • Public District Grades 9-12

school-card-donut-3961240
1
/10
  • Weequahic High School

  • 279 Chancellor Ave

  • 2.64 miles

  • Public District Grades 9-12

school-card-donut-3961241
1
/10
  • Barringer High School

  • 90 Parker St

  • 2.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,734. Residents of Newark, NJ typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyEssex CountyNewark0710616-20 Poe Ave

This home is located at 16-20 Poe Ave in Newark, NJ and zip code 07106 in the West Ward neighborhood. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $850,000.

In March 2024 in Newark, NJ there were 31.1% more homes for sale than in February 2024. In March 2024 median list price was $449,995 and the average listing age was 97 days.

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

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