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Backup Offers

29 Main St, Newark, NJ, 07105

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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29 Main St, Newark$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage, Detached, 4(+)Car Parking
Garage2 spaces
Year Built1941
HeatingBaseboard, Forced Air
MLS #2409623R
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Under Contract)

About 29 Main St

Rare Gem in Ironbound, Newark NJ: Two Buildings, One Extraordinary Opportunity! Step into a realm of unparalleled investment potential in the coveted Ironbound section of Newark, NJ. This is an avenue to owning not one, but two remarkable buildings on a single lot. Imagine owning a triplex with three units, each featuring 2 bedrooms and 1 bath. But it doesn't end there. The ground-level unit opens up to a fully finished basement, complete with an additional kitchen, bedroom, and full bath, setting the stage for lucrative rental possibilities. Adjacent to the triplex is a modern masterpiece: a single-family home crafted with precision just a decade ago. More... Revel in the luxury of two oversized bedrooms, boasting custom closets with built-in shelving, and two full baths designed for indulgence and relaxation. Parking headaches? Not here. With ample space in the rear and two detached garages, your tenants will thank you for the convenience. This property isn't just an investment; it's a lifestyle upgrade waiting to happen. In a neighborhood known for its charm and vibrancy, opportunities like these are rare. Don't let this one slip through your fingers. Book your tour today and seize the chance to make this unparalleled property yours.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 3

Listing Office:

  • Office Name: KELLER WILLIAMS BY THE BAY

Interior Features

Interior Information:

  • Appliances: Water Heater, Range, Oven, Refrigerator
  • Interior: Unit 1(2 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Detached, 4(+)Car Parking

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air

School Info

Assigned Schools Information:

  • East Side High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Wilson Avenue Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
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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

29 Main St vs Newark

38 DAYS ON ROCKET

-59 Days

$1,100,000

+$650K More

KEY TAKEAWAY

This property is $650K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2409623R

Listing Office:

  • Office Name: KELLER WILLIAMS BY THE BAY

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-2488230
5
/10

  • Wilson Avenue Elementary School

  • 19 Wilson Ave

  • 0.36 miles

  • Public District Grades PK-8

High School

school-card-donut-2488231
2
/10

  • East Side High School

  • 238 Van Buren St

  • 0.63 miles

  • Public District Grades 9-12

school-card-donut-2488232
8
/10

  • Technology High School

  • 223 Broadway

  • 2.29 miles

  • Public District Grades 9-12

school-card-donut-2488233
1
/10

  • Central High School

  • 250 18th Ave

  • 2.31 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 $54,337. The majority of Newark, NJ residents have income between $35k-100k annually. 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›07105›29 Main St

This home is located at 29 Main St in Newark, NJ and zip code 07105 in the East Ward neighborhood. This home, which was built in 1941, sits on a 0.12 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,100,000.

The inventory of homes for sale in Newark, NJ between February 2024 and March 2024 increased by 31.1%. Listings spent 97 days on the market in March 2024, and had a median list price of $449,995 during the same period.

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

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