2 months on rocket

591 15th Ave, Newark, NJ, 07103

$499,999

Home List Price

$5,937*

Closing Credit

6 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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591 15th Ave, Newark$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingElectric, Natural Gas
CoolingElectric, Gas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24005503
StatusActive
(ACTIVE)

About 591 15th Ave

This property is a great opportunity for buyers seeking a low-priced gem with low taxes. It offers tremendous value and is an excellent investment, whether you plan to live in it or rent it out. The house is well-maintained and move-in ready, making it a desirable choice for homeowners or investors.Investors will be pleased to know that this multi-family property has excellent rental potential. Adding it to your rental portfolio will provide a steady stream of income from collected rents. The property's strategic location adds to its appeal, with easy access to major routes and transportation hubs. It is only a 2-minute drive to routes 21, 78, 280, and the Garden State Parkway, 10 minutes from the airport, and 5 minutes from Penn Station. The motivated seller is ready to close the deal in just 30 days This is not a short sale, adding to the efficiency of the transaction.Don't miss out on this incredible opportunity to own an affordable pro

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Greater Brunswick
  • Listing Agent: Meenakshi Sharma

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Electric, 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
  • South Seventeenth Street Elementary School, Public District Grades KG-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999

Tax Information:

  • Annual Amount: $3,327
  • 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

591 15th Ave vs Newark

66 DAYS ON ROCKET

-31 Days

$499,999

+$50K More

KEY TAKEAWAY

This property is $50K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005503

Listing Office:

  • Office Name: Keller Williams Greater Brunswick
  • Listing Agent: Meenakshi Sharma

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: 4/30/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2015Home Sold
$163,000
Aug 25, 2014Home Sold
$45,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,327$118,200
2019$4,365$118,200
2018$4,208$118,200
2017$4,208$118,200

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-3686895
4
/10

  • South Seventeenth Street Elementary School

  • 619 S 17th St

  • 0.31 miles

  • Public District Grades KG-8

High School

school-card-donut-3686896
1
/10

  • Central High School

  • 250 18th Ave

  • 1.02 miles

  • Public District Grades 9-12

school-card-donut-3686897
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.63 miles

  • Public District Grades 9-12

school-card-donut-3686898
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.85 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 $35,897. The most common annual income of people living in Newark, NJ is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›591 15th Ave

This home is located at 591 15th Ave in Newark, NJ and zip code 07103 in the West Ward neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $499,999.

Between February 2024 and March 2024, Newark, NJ real estate market has seen increase in the number of listings by 31.1%. The median list price of listings available in March 2024 was $449,995, while the average time on the real estate market was 97 days.

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

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