1 month on rocket

124 Elwood Ave, Newark City, NJ, 07104

$599,900

Home List Price

$7,124*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
House

Location

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124 Elwood Ave, Newark$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Car Width, Driveway-Exclusive
Year Built1905
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3927029
Lot Size0.10 Acres
StatusActive

About 124 Elwood Ave

Amazing opportunity to buy a single family home set up as a 2 family just needs to be approved with the town! Generating a great income! This single-family home features 6 beds, 3.5 baths, a finished attic, finished walkout basement, renovated kitchen and bathrooms, new roof, new boiler, new electrical, new hot water heater. Move in ready home. The home also offers ample parking spaces and great size back yard. Conveniently located near the parkway, Newark Airport, and Penn Station for easy NYC access.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1905

Listing Office:

  • Office Name: SIGNATURE REALTY NJ
  • Office Phone: (908) 499-8918

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: 1 Car Width, Driveway-Exclusive

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Off Summer

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
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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

124 Elwood Ave vs Newark

41 DAYS ON ROCKET

-34 Days

$599,900

+$203.7K More

KEY TAKEAWAY

This property is $203.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3927029

Listing Office:

  • Office Name: SIGNATURE REALTY NJ
  • Office Phone: (908) 499-8918

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: 11/13/2024, 12:55:46 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

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-295058
3
/10

  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.26 miles

  • Public District Grades PK-4

school-card-donut-295059
3
/10

  • Garfield Elementary School

  • 360 Belgrove Dr

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-295060
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.89 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,844. The most common annual income of people living in Newark, NJ is less than $35k. 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

Frequently Asked Questions About 124 Elwood Ave

What is the listing price of this property?

The listing price of 124 Elwood Ave property is $599,900.

What type of property is this?

The property 124 Elwood Ave is a house located in Newark City, New Jersey, 07104.

Is this property for sale now?

Active Listing: 124 Elwood Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 124 Elwood Ave has 6 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 124 Elwood Ave is 1905.

Rocket Homes›New Jersey›Essex County›Newark›07104›124 Elwood Ave

This home is located at 124 Elwood Ave in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1905, sits on a 0.10 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $599,900.

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. 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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