This property is $486K more than the Median List Price in Newark, NJ.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Number: #24012922
Listing Office:
Office Name: RE/MAX Professionals 1
Listing Agent: Jorge Velasquez
Disclaimer: 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.
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: 5/15/2024, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,202
$191,500
2019
$7,072
$191,500
2018
$6,817
$191,500
2017
$6,817
$191,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,754
Per Month
Principal & Interest
$4,687
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,882
Powered By
Advertisement
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
2
/10
Franklin Elementary School
42 Park Ave
Distance between this listing and this school0.25 miles
Public District Grades PK-4
High School
1
/10
Barringer High School
90 Parker St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
8
/10
Technology High School
223 Broadway
Distance between this listing and this school0.43 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school1.85 miles
Public District Grades 9-12
Assigned Schools
2
/10
Franklin Elementary School
42 Park Ave
Distance between this listing and this school0.25 miles
Public District Grades PK-4
Nearby Schools
5
/10
McKinley Elementary School
1 Colonnade Pl
Distance between this listing and this school0.28 miles
Public District Grades PK-8
2
/10
Roberto Clemente Elementary School
257 Summer Ave
Distance between this listing and this school0.62 miles
Public District Grades PK-4
Nearby Schools
6
/10
Phillip's Academy Charter School
342 Central Ave
Distance between this listing and this school0.79 miles
Public Charter Grades KG-8
6
/10
East Newark Public School
501 N 3rd St # 11
Distance between this listing and this school0.79 miles
Public District Grades PK-8
5
/10
Hamilton Intermediate School
223 Hamilton St
Distance between this listing and this school0.79 miles
Public District Grades 4-5
Assigned Schools
1
/10
Barringer High School
90 Parker St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
8
/10
Technology High School
223 Broadway
Distance between this listing and this school0.43 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $37,717. Typical income of Newark, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 215-217 Summer Ave in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $939,000.
Between March 2024 and April 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.9%. While the average time on the market in April 2024 was 93 days, the median list price was $453,000.
From Rocket Homes Real Estate and based on county public records data.