29 days on rocket

Sale Pending

488 S 11th St, Newark City, NJ, 07103

$649,000

Home List Price

$7,707*

Closing Credit

9 Bedrooms
3 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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488 S 11th St, Newark$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1950
HeatingNatural Gas
BasementYes
MLS #3893724
Lot Size0.06 Acres
StatusSale Pending
(Under Contract)

About 488 S 11th St

Welcome to this fantastic opportunity in Newark, NJ! This well-maintained 3-family home offers the perfect balance of investment potential and comfortable living arrangements. Conveniently located in Newark,NJ, this property provides easy access to schools, shopping centers, public transportation and major highways. Each unit offers LR/DR, EIN, Bath, 3 bedrooms, plus bonus den/ Nursery room. In addition, tons of storage space in basement! Take advantage of Newark's thriving rental market and potential for long-term appreciation, making this property a solid investment choice.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1950

Listing Office:

  • Office Name: KELLER WILLIAMS VILLAGE SQUARE
  • Office Phone: (201) 445-4300

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural 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

Other

Directions Information:

  • Directions: Turn left onto Springfield Ave and right onto S 11th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
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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

$453K

Med. Price/SqFt

$241

Avg. Days On Market

93

# of Sold Homes

20

488 S 11th St vs Newark

29 DAYS ON ROCKET

-64 Days

$649,000

+$196K More

KEY TAKEAWAY

This property is $196K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3893724

Listing Office:

  • Office Name: KELLER WILLIAMS VILLAGE SQUARE
  • Office Phone: (201) 445-4300

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: 5/4/2024, 1:20:30 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

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-5661280
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.11 miles

  • Public District Grades PK-6

High School

school-card-donut-5661281
1
/10

  • Central High School

  • 250 18th Ave

  • 0.75 miles

  • Public District Grades 9-12

school-card-donut-5661282
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.40 miles

  • Public District Grades 9-12

school-card-donut-5661283
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.77 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 $56,559. The majority of Newark, NJ residents have income between $35k-100k annually. Typical family type is single, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›488 S 11th St

This home is located at 488 S 11th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This home, which was built in 1950, sits on a 0.06 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $649,000.

The number of homes for sale in Newark, NJ increased by 25.9% between March 2024 and April 2024. Listings spent 93 days on the market in April 2024, and had a median list price of $453,000 during the same period.

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

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