4 months on rocket

51 Grafton Ave, Newark, NJ, 07104

$899,900

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Full Baths
Multi
Schools Nearby

Location

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51 Grafton Ave, Newark$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas
CoolingGas
WaterfrontNone
FireplaceNone
MLS #23036193
StatusActive
(ACTIVE)

About 51 Grafton Ave

A great 3-family investment home near Newark airport and transportation is an attractive property for potential investors. This property offers easy access to transportation hubs such as bus stops, train stations, or major highways. This convenience is appealing to tenants who rely on public transportation or need quick access to major roads for commuting. A 3-family home means multiple rental units, providing diversified rental income.

Property Details

Property Features

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Elite
  • Listing Agent: Christian Cobo

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Technology High School, Public District Grades 9-12
  • Barringer High School, Public District Grades 9-12
  • East Side High School, Public District Grades 9-12
  • Luis Munoz Marin Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900

Tax Information:

  • Annual Amount: $8,442
  • 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

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

51 Grafton Ave vs Newark

146 DAYS ON ROCKET

+49 Days

$899,900

+$449.9K More

KEY TAKEAWAY

This property is $449.9K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23036193

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Elite
  • Listing Agent: Christian Cobo

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: 4/27/2024, 6:25:17 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

Aug 09, 2018Home Sold
$365,000
Dec 18, 2006Home Sold
$560,000
Jun 17, 2004Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,442$299,900
2019$11,075$299,900
2018$10,676$299,900
2017$10,676$299,900

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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-1061688
2
/10

  • Luis Munoz Marin Elementary School

  • 663 Broadway

  • 0.19 miles

  • Public District Grades PK-8

High School

school-card-donut-1061689
8
/10

  • Technology High School

  • 223 Broadway

  • 1.32 miles

  • Public District Grades 9-12

school-card-donut-1061690
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.74 miles

  • Public District Grades 9-12

school-card-donut-1061691
2
/10

  • East Side High School

  • 238 Van Buren St

  • 3.48 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 $32,353. Typical income of Newark, NJ residents is less than $35k annually. Most families are single, with 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›07104›51 Grafton Ave

This home is located at 51 Grafton Ave in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 02, 2023 and is currently priced at $899,900.

The number of listings in Newark, NJ increased by 31.1% between February 2024 and March 2024. In March 2024 median list price was $449,995 and the average listing age was 97 days.

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

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