20 days on rocket

828 Summer Ave, Newark City, NJ, 07104

$799,900

Home List Price

$9,499*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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828 Summer Ave, Newark$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGravel, On Site, Oversize Garage
Garage7 spaces
HeatingMulti Unit(s), Natural Gas
CoolingNone
BasementYes
MLS #3894768
Lot Size0.24 Acres
StatusActive

About 828 Summer Ave

2 Family home with separate utilities in a great location. All tenants are on a month-to-month, no leases in place. Seven garages, two very large fitting larger trucks. Additional parking for 15+ vehicles. Value is in the land for future development. House would require a COMPLETE rehab to maximize rental income. Oil tank recently removed. No environmental issues. Will be showing Sunday April 14th 1:00 PM to 3:00 PM, please text for showing confirmation.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story

Listing Office:

  • Office Name: CORNERSTONE REALTY ASSOCIATES
  • Office Phone: (973) 856-6900

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 7 spaces
  • Parking: Gravel, On Site, Oversize Garage

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas
  • Cooling: None

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
  • Elliott Street Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Verona to Summer Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
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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

828 Summer Ave vs Newark

20 DAYS ON ROCKET

-77 Days

$799,900

+$349.9K More

KEY TAKEAWAY

This property is $349.9K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3894768

Listing Office:

  • Office Name: CORNERSTONE REALTY ASSOCIATES
  • Office Phone: (973) 856-6900

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: 4/30/2024, 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

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-3523648
4
/10

  • Elliott Street Elementary School

  • 284 1st Ave W

  • 1.54 miles

  • Public District Grades PK-4

High School

school-card-donut-3523649
8
/10

  • Technology High School

  • 223 Broadway

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-3523650
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.99 miles

  • Public District Grades 9-12

school-card-donut-3523651
2
/10

  • East Side High School

  • 238 Van Buren St

  • 3.89 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 $42,933. Most Newark, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07104›828 Summer Ave

This home is located at 828 Summer Ave in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $799,900.

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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