14 days on rocket

115 Polk St, Newark, NJ, 07105

$659,000

Home List Price

$7,826*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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115 Polk St, Newark$659,000

Buyer Closing Credits

$7,826*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingBaseboard, Natural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24015560
StatusActive
(ACTIVE)

About 115 Polk St

Discover 115 Polk St., a cozy duplex nestled in Newark's Ironbound district. Renovated in 2002, this home presents a prime prospect for investors or those eager to personalize a cherished space. Each unit boasts 2 bedrooms and 1 bath, ideal for multi-family living or rental income. While retaining functionality, some modern updates could elevate its allure. Highlighted by a private driveway, coveted off-street parking awaits residents and guests. An added bonus is the studio in the rear, offering flexibility as a home office, artist's haven, or guest retreat. With some renovations, this property holds immense potential for the imaginative. Situated in a sought-after locale, 115 Polk St. provides easy access to local conveniences like shops, eateries, parks, and schools. Commuters will appreciate its proximity to highways and public transit, ensuring effortless travel. Seize the opportunity to shape this property into your ideal haven or investment venture.

Property Details

Property Features

Listing Office:

  • Office Name: Vylla Home
  • Listing Agent: Ryan Oliveira

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Vinyl, Hdwd As In

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • East Side High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Wilson Avenue Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $659,000

Tax Information:

  • Annual Amount: $4,653
  • 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

$462.3K

Med. Price/SqFt

$242

Avg. Days On Market

94

# of Sold Homes

19

115 Polk St vs Newark

14 DAYS ON ROCKET

-80 Days

$659,000

+$196.6K More

KEY TAKEAWAY

This property is $196.6K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015560

Listing Office:

  • Office Name: Vylla Home
  • Listing Agent: Ryan Oliveira

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: 6/1/2024, 8:20:34 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

Oct 22, 2018Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,653$165,300
2019$6,104$165,300
2018$5,885$165,300
2017$5,885$165,300

History based on county public records data.

Payment Calculator

$3,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,042

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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-6655300
5
/10

  • Wilson Avenue Elementary School

  • 19 Wilson Ave

  • 0.11 miles

  • Public District Grades PK-8

High School

school-card-donut-6655301
2
/10

  • East Side High School

  • 238 Van Buren St

  • 0.37 miles

  • Public District Grades 9-12

school-card-donut-6655302
1
/10

  • Central High School

  • 250 18th Ave

  • 1.90 miles

  • Public District Grades 9-12

school-card-donut-6655303
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 2.02 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 $48,292. Typical income of Newark, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. 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›07105›115 Polk St

This home is located at 115 Polk St in Newark, NJ and zip code 07105 in the East Ward neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $659,000.

The number of homes for sale in Newark, NJ increased by 23.7% between April 2024 and May 2024. The median list price of listings available in May 2024 was $462,318, while the average time on the real estate market was 94 days.

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

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