18 days on rocket

205 Norman Rd, Newark, NJ, 07106

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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205 Norman Rd, Newark$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingNatural Gas, Forced Air
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24014426
StatusActive
(ACTIVE)

About 205 Norman Rd

This classic two-family home offers an excellent opportunity for both owner occupants and investors. The second-floor unit has been updated, ensuring modern amenities and stylish finishes.; from fresh paint to upgraded fixtures, no detail has been overlooked. Beautiful and easy to maintain hardwood floors. Detached two car garage, perfect for parking or additional storage. Ideal Ivy Hill neighborhood with easy access to public transportation, schools, shopping and dining. Don't miss out on this fantastic investment opportunity! Whether you're looking to live in one unit and rent out the other or purely invest, this two-family home checks all the boxes.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Jordan Baris Realty - South Orange
  • Listing Agent: Pamela Taylor

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, Hdwd As In

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Weequahic 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
  • Mt. Vernon Place Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000

Tax Information:

  • Annual Amount: $3,764
  • 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

$453K

Med. Price/SqFt

$241

Avg. Days On Market

93

# of Sold Homes

20

205 Norman Rd vs Newark

18 DAYS ON ROCKET

-75 Days

$575,000

+$122K More

KEY TAKEAWAY

This property is $122K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24014426

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Jordan Baris Realty - South Orange
  • Listing Agent: Pamela Taylor

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: 5/29/2024, 6:20:35 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$3,764$133,700
2019$4,937$133,700
2018$4,760$133,700
2017$4,760$133,700

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-4295296
3
/10

  • Mt. Vernon Place Elementary School

  • 142 Mount Vernon Pl

  • 0.23 miles

  • Public District Grades PK-8

High School

school-card-donut-4295297
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 2.11 miles

  • Public District Grades 9-12

school-card-donut-4295298
1
/10

  • Central High School

  • 250 18th Ave

  • 2.75 miles

  • Public District Grades 9-12

school-card-donut-4295299
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 2.96 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 $82,955. Residents of Newark, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07106›205 Norman Rd

This home is located at 205 Norman Rd in Newark, NJ and zip code 07106 in the West Ward neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $575,000.

The number of homes for sale in Newark, NJ increased by 25.9% between March 2024 and April 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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