4 months on rocket

285 Weequahic Ave, Newark, NJ, 07112

$389,000

Home List Price

$4,619*

Closing Credit

5 Bedrooms
1 Full Bath
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

285 Weequahic Ave, Newark$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingNatural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #23038123
StatusActive
(ACTIVE)

About 285 Weequahic Ave

This is a 2-family investment opportunity in Newark. New Siding and ready for completing with your final touches. Once done; this property will have good amount of equity since renovated homes go above $600k. Features a 3 bed / 2 bath on the first floor & a 3 bed / 2 bath duplex on the 2nd floor to make a Master suite. Includes an unfinished basement + private driveway with garage. New roof, and windows replaced Close commute to NYC, Newark airport, highways and public transportation also Weequahic park, schools and Newark Beth Israel hospital. This home Won't last!

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Raeemah Redd

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Weequahic High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Chancellor Avenue Elementary School, Public District Grades 3-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Newark, NJ

City

Med. List Price

$453K

Med. Price/SqFt

$241

Avg. Days On Market

93

# of Sold Homes

20

285 Weequahic Ave vs Newark

144 DAYS ON ROCKET

+51 Days

$389,000

-$64K Less

KEY TAKEAWAY

This property is $64K less than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23038123

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Raeemah Redd

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: 5/20/2024, 1:09:33 AM 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

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

Powered By

Rocket Mortgage

Advertisement

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-4035798
3
/10

  • Chancellor Avenue Elementary School

  • 321 Chancellor Ave

  • 0.20 miles

  • Public District Grades 3-8

High School

school-card-donut-4035799
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 0.20 miles

  • Public District Grades 9-12

school-card-donut-4035800
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.44 miles

  • Public District Grades 9-12

school-card-donut-4035801
1
/10

  • Central High School

  • 250 18th Ave

  • 1.82 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 $49,674. Most Newark, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›285 Weequahic Ave

This home is located at 285 Weequahic Ave in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 27, 2023 and is currently priced at $389,000.

In April 2024 in Newark, NJ there were 25.9% more homes for sale than in March 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.

More Resources