2 months on rocket

Sale Pending

130 Milford Ave, Newark City, NJ, 07108

$679,000

Home List Price

$8,063*

Closing Credit

9 Bedrooms
3 Full Baths
Multi

Location

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130 Milford Ave, Newark$679,000

Buyer Closing Credits

$8,063*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built9999
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3920526
Lot Size0.05 Acres
StatusSale Pending
(Under Contract)

About 130 Milford Ave

HUGE 3 FAMILY with 3 bedrooms in EACH UNIT totaling 9 bedrooms! Cash cow! Majority of the units are already renovated and move in ready. Unfinished basement perfect for an extra short term rental unit or recreational space. PERFECT rental property for first time or seasoned investor. Taxes are also at a comfortable level! Next to public transportation, schools, shops, restaurants, and places of worship. Reach out today!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (862) 800-1256

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • Belmont Runyon Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: W. Bigelow to Milford

Price Information

Listing Price Info

Price Summary:

  • List Price: $679,000
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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

130 Milford Ave vs Newark

70 DAYS ON ROCKET

-5 Days

$679,000

+$282.8K More

KEY TAKEAWAY

This property is $282.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3920526

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (862) 800-1256

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: 11/3/2024, 7:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,456

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,102

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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-986796
4
/10

  • Belmont Runyon Elementary School

  • 1 Belmont Ruyon Way

  • 0.35 miles

  • Public District Grades PK-8

High School

school-card-donut-986797
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.05 miles

  • Public District Grades 9-12

school-card-donut-986798
1
/10

  • Central High School

  • 250 18th Ave

  • 0.79 miles

  • Public District Grades 9-12

school-card-donut-986799
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 1.65 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 $28,621. Typical income of Newark, NJ residents is less than $35k annually. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07108›130 Milford Ave

This home is located at 130 Milford Ave in Newark City, NJ and zip code 07108 in the South Ward neighborhood. This home, which was built in 9999, sits on a 0.05 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 25, 2024 and is currently priced at $679,000.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

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

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