1 month on rocket

Sale Pending

144-146 Mapes Ave, Newark City, NJ, 07112

$625,000

Home List Price

$7,422*

Closing Credit

8 Bedrooms
3 Full Baths
Multi

Location

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144-146 Mapes Ave, Newark$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width
Year Built1922
HeatingNatural Gas
BasementYes
MLS #3922792
Lot Size0.08 Acres
StatusSale Pending
(Under Contract)

About 144-146 Mapes Ave

Fantastic Investment Opportunity in the Desirable Weequahic Section of Newark! This move-in-ready property features three spacious units with a driveway the first two floors offer three bedrooms each, and the third floor features two bedrooms making it ideal for generating passive income. Rent out all the units or live in one while renting the others. Located near Newark Beth Israel Medical Center, St. Peters Park, top schools, houses of worship, grocery stores, and major highways, this home is just steps from public transit, shopping, and dining, making it a prime commuter location. Don't miss this incredible opportunity in a highly sought-after neighborhood!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1922

Listing Office:

  • Office Name: TWRG REALTY GROUP
  • Office Phone: (908) 355-1717

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: 1 Car Width

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Between Bergen and Osborne

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
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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

144-146 Mapes Ave vs Newark

53 DAYS ON ROCKET

-22 Days

$625,000

+$228.8K More

KEY TAKEAWAY

This property is $228.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3922792

Listing Office:

  • Office Name: TWRG REALTY GROUP
  • Office Phone: (908) 355-1717

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: 11/10/2024, 4:20:47 PM 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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Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-829065
4
/10

  • George Washington School

  • 1530 Leslie St

  • 1.32 miles

  • Public District Grades 5-5

school-card-donut-829066
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 1.47 miles

  • Public District Grades PK-5

school-card-donut-829067
6
/10

  • Hurden Looker School

  • 1261 Liberty Ave

  • 1.75 miles

  • Public District Grades 3-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,154. The most common annual income of people living in Newark, NJ is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›144-146 Mapes Ave

This home is located at 144-146 Mapes Ave in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1922, sits on a 0.08 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $625,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.

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

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