13 days on rocket

29-31 Jacob St, Newark, NJ, 07103

$549,999

Home List Price

$6,531*

Closing Credit

5 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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29-31 Jacob St, Newark$549,999

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAttached
Attached GarageYes
HeatingElectric, Natural Gas
CoolingElectric, Gas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24011831
StatusActive
(ACTIVE)

About 29-31 Jacob St

"Fantastic Investment Opportunity at 29 Jacob St, Newark, NJ! This property features two units: a spacious 3-bed, 1-bath and a cozy 2-bed, 1-bath, plus a finished basement. Perfect for investors or owner-occupiers looking to generate rental income. Conveniently located near all amenities, this is a prime opportunity not to be missed!"

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Greater Brunswick
  • Listing Agent: Meenakshi Sharma

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Electric, Gas

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Barringer High School, Public District Grades 9-12
  • Harriet Tubman Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,999

Tax Information:

  • Annual Amount: $4,531
  • 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

29-31 Jacob St vs Newark

13 DAYS ON ROCKET

-80 Days

$549,999

+$96.9K More

KEY TAKEAWAY

This property is $96.9K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24011831

Listing Office:

  • Office Name: Keller Williams Greater Brunswick
  • Listing Agent: Meenakshi Sharma

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: 5/4/2024, 12:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2020Home Sold
$211,000
Feb 01, 2018Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,531$144,400
2019$5,332$144,400
2018$5,141$144,400
2017$5,141$144,400

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-5675216
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.19 miles

  • Public District Grades PK-6

High School

school-card-donut-5675217
1
/10

  • Central High School

  • 250 18th Ave

  • 0.49 miles

  • Public District Grades 9-12

school-card-donut-5675218
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.11 miles

  • Public District Grades 9-12

school-card-donut-5675219
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.88 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 $40,455. Residents of Newark, NJ typically earn between $35k-100k each year. The most common type of family 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›07103›29-31 Jacob St

This home is located at 29-31 Jacob St in Newark, NJ and zip code 07103 in the West Ward neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $549,999.

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.

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