7 months on rocket

Sale Pending

191 1st Ave, Newark City, NJ, 07107

$475,000

Home List Price

$5,641*

Closing Credit

5 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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191 1st Ave, Newark$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSee Remarks, See Remarks
Year Built1902
HeatingOther
BasementYes
MLS #3866921
Lot Size0.06 Acres
StatusSale Pending
(Under Contract)

About 191 1st Ave

This huge charming 2 family home in North Newark is a fantastic opportunity for investors or owner occupants. Situated in a prime location, this property is located near public transportation making it a commuter's dream. Boasting spacious units and ample living space, each unit offers its own unique charm and character. Renovated home with large windows, This is a rare chance to own a multi-family property in a prime location with low taxes. Great Cap Rate! Must See!

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story, See Remarks
  • Year Built: 1902

Listing Office:

  • Office Name: BLVD REALTY GROUP
  • Office Phone: (201) 435-5000

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Fire Alarm Sys, See Remarks, Smoke Detector, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: See Remarks, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Abington Avenue Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: On the corner of Bloomfield Ave and 1st Ave W

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
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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

191 1st Ave vs Newark

214 DAYS ON ROCKET

+117 Days

$475,000

+$25K More

KEY TAKEAWAY

This property is $25K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3866921

Listing Office:

  • Office Name: BLVD REALTY GROUP
  • Office Phone: (201) 435-5000

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 3:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-72006
2
/10

  • Abington Avenue Elementary School

  • 209 Abington Ave

  • 0.18 miles

  • Public District Grades PK-8

High School

school-card-donut-72007
1
/10

  • Barringer High School

  • 90 Parker St

  • 0.86 miles

  • Public District Grades 9-12

school-card-donut-72008
8
/10

  • Technology High School

  • 223 Broadway

  • 0.95 miles

  • Public District Grades 9-12

school-card-donut-72009
1
/10

  • Central High School

  • 250 18th Ave

  • 2.72 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 $23,365. The majority of Newark, NJ residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07107›191 1st Ave

This home is located at 191 1st Ave in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home, which was built in 1902, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 24, 2023 and is currently priced at $475,000.

Between February 2024 and March 2024, Newark, NJ real estate market has seen increase in the number of listings by 31.1%. In March 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $449,995.

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

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