1 month on rocket

115 Highland Ave, Newark, NJ, 07104

$999,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
Multi

Location

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115 Highland Ave, Newark$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
MLS #24033939
StatusActive
(ACTIVE)

About 115 Highland Ave

Attention all investors! Incredible package deal featuring five two-family homes, totaling 10 rental units, now available! The properties included in this package are 115, 117, 119 and 121 Highland- Each 2nd-floor unit offers 2 bedrooms and 1 bath, while the 1st-floor units are studio apartments. 146 Highland is a 3 bedroom unit on the 2nd flr and studio apartment on the 1st. With convenient on-street parking, these homes are ideally located near parks, schools, major highways, transportation hubs, and the light rail perfect for tenants seeking accessibility and comfort. Don't miss this fantastic investment opportunity! Taxes only reflect the property located at 115 Highland. See document section for the taxes for each building and current rent roll.

Property Details

Property Features

Listing Office:

  • Office Name: Howard Hanna Rand Realty
  • Office Phone: (973) 941-6000
  • Listing Agent: Joseph Simone

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Aluminum, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000

Tax Information:

  • Annual Amount: $1,644
  • 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. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

115 Highland Ave vs Newark

31 DAYS ON ROCKET

-44 Days

$999,000

+$602.8K More

KEY TAKEAWAY

This property is $602.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24033939

Listing Office:

  • Office Name: Howard Hanna Rand Realty
  • Office Phone: (973) 941-6000
  • Listing Agent: Joseph Simone

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: 11/22/2024, 11:55:50 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

Aug 08, 2014Home Sold
$38,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,644$58,400
2019$2,156$58,400
2018$2,079$58,400
2017$2,079$58,400

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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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.

Nearby Schools

school-card-donut-767118
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.38 miles

  • Public District Grades PK-4

school-card-donut-767119
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.39 miles

  • Public District Grades PK-4

school-card-donut-767120
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.75 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,143. The most common annual income of people living in Newark, NJ is less than $35k. The most common type of family is single, with kids. 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›07104›115 Highland Ave

This home is located at 115 Highland Ave in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $999,000.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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