1 month on rocket

303 Hobson St, Newark City, NJ, 07112

$670,000

Home List Price

$7,956*

Closing Credit

8 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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303 Hobson St, Newark$670,000

Buyer Closing Credits

$7,956*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Car Width
HeatingNatural Gas
BasementYes
MLS #3890435
Lot Size0.10 Acres
StatusActive

About 303 Hobson St

Discover a rare find. Invest in a legal 4-family home in Newark with low taxes. Each unit has separate boilers and meters, making this home an ideal investment with strong positive cash flow. This property is a golden opportunity for you. Realtor is related to the seller. Property is being sold as-is. Buyer is responsible for the certificate of occupancy.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks

Listing Office:

  • Office Name: KELLER WILLIAMS TEAM REALTY
  • Office Phone: (973) 253-2800

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: 2 Car Width

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural 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

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $670,000
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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

303 Hobson St vs Newark

45 DAYS ON ROCKET

-52 Days

$670,000

+$220K More

KEY TAKEAWAY

This property is $220K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3890435

Listing Office:

  • Office Name: KELLER WILLIAMS TEAM REALTY
  • Office Phone: (973) 253-2800

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: 4/28/2024, 1:55:13 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

$3,411

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,075

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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-1857430
3
/10

  • Chancellor Avenue Elementary School

  • 321 Chancellor Ave

  • 0.10 miles

  • Public District Grades 3-8

High School

school-card-donut-1857431
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 0.15 miles

  • Public District Grades 9-12

school-card-donut-1857432
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.70 miles

  • Public District Grades 9-12

school-card-donut-1857433
1
/10

  • Central High School

  • 250 18th Ave

  • 2.05 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. Residents of Newark, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›303 Hobson St

This home is located at 303 Hobson St in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home sits on a 0.10 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $670,000.

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

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

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