5 months on rocket

101 Highland Ave, Newark City, NJ, 07104

$655,000

Home List Price

$7,778*

Closing Credit

7 Bedrooms
6 Full Baths
Multi

Location

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101 Highland Ave, Newark$655,000

Buyer Closing Credits

$7,778*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, See Remarks
Year Built9999
HeatingOther
CoolingOther
BasementYes
MLS #3912451
Lot Size0.06 Acres
StatusActive

About 101 Highland Ave

Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you.**Key Features:****First Unit:**- 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage**Second Unit:**- 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 9999

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave, Other
  • Basement: Yes
  • Interior: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: See Remarks

Parking Information:

  • Parking: On-Street Parking, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Right Off 280

Price Information

Listing Price Info

Price Summary:

  • List Price: $655,000
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Housing Market Comparison

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

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

101 Highland Ave vs Newark

157 DAYS ON ROCKET

+143 Days

$655,000

+$255K More

KEY TAKEAWAY

This property is $255K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3912451

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: 12/18/2024, 7:20:48 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

$3,337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,030

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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.

Nearby Schools

school-card-donut-4447805
4
/10
  • Franklin Elementary School

  • 42 Park Ave

  • 0.36 miles

  • Public District Grades PK-4

school-card-donut-4447806
4
/10
  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.39 miles

  • Public District Grades PK-4

school-card-donut-4447807
3
/10
  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.76 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,143. Typical income of Newark, NJ residents is less than $35k annually. Typical family type is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07104›101 Highland Ave

This home is located at 101 Highland Ave in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 9999, sits on a 0.06 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 14, 2024 and is currently priced at $655,000.

In November 2024, from all listings sold in Newark, NJ there were more than 22 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The number of listings in Newark, NJ increased by 13.5% between October 2024 and November 2024. Listings spent 14 days on the market in November 2024, and had a median list price of $400,000 during the same period.

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

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