12 days on rocket

86 Cutler St, Newark City, NJ, 07104

$549,999

Home List Price

$6,531*

Closing Credit

6 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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86 Cutler St, Newark$549,999

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAdditional Parking, Driveway-Exclusive, Fencing, Parking Lot-Exclusive
Year Built1940
HeatingMulti Unit(s), Forced Air, Natural Gas
CoolingNone
BasementYes
MLS #3896480
Lot Size0.08 Acres
StatusActive

About 86 Cutler St

Opportunity knocks! Turnkey light, bright and airy modern legal two family in North Newark. Unit 1 is a two bedroom apartment. Updated eat in kitchen with modern stone counters, hard wood floors throughout.. Unit two is a four bedroom duplex unit on two levels complete with a Juliet balcony! A full bath services each floor. Two bedrooms per floor. The large modern eat in kitchen boasts new cabinets with stone countertops. Oversized primary bedrooms in each unit. The large, gated driveway offers off street parking for 4+ cars! .Private green space perfect for relaxing and entertaining round off the home Recent updates include newer separate utilities throughout, kitchens, bathrooms, electric and plumbing. Both units are vacant and ready for market rents offering the opportunity to generate passive income. Perfect for owner occupants - live in one unit while generating income. Minutes to Sacred Heart Basilica, NJIT, Rutgers, NJPAC, Essex County College, Robert Treat Academy, Ironbound, Penn Station and all Newark has to offer. Minutes to all major transportation - GSP, Rt 78, Rt 280 and beyond. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story, Under/Over
  • Year Built: 1940

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (201) 559-5770

Interior Features

Interior Information:

  • Appliances: Microwave
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Barbeque, Patio, Sidewalk, Wood Fence

Parking Information:

  • Parking: Additional Parking, Driveway-Exclusive, Fencing, Parking Lot-Exclusive

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

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

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
  • Franklin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Park Ave to Cutler

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,999
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Housing Market Comparison

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

Med. List Price

$453K

Med. Price/SqFt

$241

Avg. Days On Market

93

# of Sold Homes

20

86 Cutler St vs Newark

12 DAYS ON ROCKET

-81 Days

$549,999

+$96.9K More

KEY TAKEAWAY

This property is $96.9K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3896480

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (201) 559-5770

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: 5/6/2024, 1:55:30 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.

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$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-6807308
2
/10
  • Franklin Elementary School

  • 42 Park Ave

  • 0.09 miles

  • Public District Grades PK-4

High School

school-card-donut-6807309
1
/10
  • Barringer High School

  • 90 Parker St

  • 0.24 miles

  • Public District Grades 9-12

school-card-donut-6807310
8
/10
  • Technology High School

  • 223 Broadway

  • 0.39 miles

  • Public District Grades 9-12

school-card-donut-6807311
1
/10
  • Central High School

  • 250 18th Ave

  • 1.94 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,797. The majority of Newark, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07104›86 Cutler St

This home is located at 86 Cutler St in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1940, sits on a 0.08 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $549,999.

In April 2024 in Newark, NJ there were 25.9% more homes for sale than in March 2024. In April 2024, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $453,000.

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

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