3 months on rocket

575-577 Highland Ave, Newark, NJ, 07104

$850,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths
Multi
Schools Nearby

Location

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575-577 Highland Ave, Newark$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingBaseboard, Natural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24000446
StatusActive
(ACTIVE)

About 575-577 Highland Ave

WELCOME!!!! TO THIS RARE OPPORTUNITY!!! One of a Kind three-family home located in the sought-after historic district of the Forest Hill section of Newark, just a few blocks from Branch Brook Park "The Ballantine Gates" Cherry Blossom Center, Branch Brook Park Light Rail Station with "EASY NYC COMMUTE, well-maintained four apartments, finished basement, utility room, separated utilities, etc. Exterior Solid brick front with Balconies, Driveway, and detached two-car Garage Don't t miss out either for first-time home buyers or for investors.

Property Details

Property Features

Listing Office:

  • Office Name: Weichert Home City Realty
  • Listing Agent: Augusto Verissimo

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $8,231
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

Med. List Price

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

575-577 Highland Ave vs Newark

101 DAYS ON ROCKET

+4 Days

$850,000

+$400K More

KEY TAKEAWAY

This property is $400K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24000446

Listing Office:

  • Office Name: Weichert Home City Realty
  • Listing Agent: Augusto Verissimo

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, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,231$292,400
2019$10,798$292,400
2018$10,409$292,400
2017$10,409$292,400

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

High School

school-card-donut-978067
1
/10
  • Barringer High School

  • 90 Parker St

  • 0.14 miles

  • Public District Grades 9-12

school-card-donut-978068
8
/10
  • Technology High School

  • 223 Broadway

  • 0.53 miles

  • Public District Grades 9-12

school-card-donut-978069
1
/10
  • Central High School

  • 250 18th Ave

  • 2.05 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,143. Typical income of Newark, NJ residents is less than $35k annually. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyEssex CountyNewark07104575-577 Highland Ave

This home is located at 575-577 Highland Ave in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $850,000.

Between February 2024 and March 2024, Newark, NJ real estate market has seen increase in the number of listings by 31.1%. 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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