5 months on rocket

155 Milford Ave, Newark, NJ, 07108

$750,000

Home List Price

$8,906*

Closing Credit

10 Bedrooms
4 Full Baths
Multi

Location

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155 Milford Ave, Newark$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingO/See Remk
HeatingBaseboard, Electric, Natural Gas, Forced Air
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24016158
StatusActive
(ACTIVE)

About 155 Milford Ave

Discover an extraordinary investment opportunity in the heart of Newark! This remarkable 3-family home boasts of 9 bedrooms 4 full baths & a finished basement. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Lifetime Realtors
  • Office Phone: (973) 494-4469
  • Listing Agent: Godfred Appiah

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, None

Parking Information:

  • Parking: O/See Remk

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas, Forced Air
  • Cooling: Window Unit(s)

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $5,362
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

155 Milford Ave vs Newark

160 DAYS ON ROCKET

+85 Days

$750,000

+$353.8K More

KEY TAKEAWAY

This property is $353.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24016158

Listing Office:

  • Office Name: RE/MAX Lifetime Realtors
  • Office Phone: (973) 494-4469
  • Listing Agent: Godfred Appiah

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: 11/5/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,362$190,500
2019$7,035$190,500
2018$6,782$190,500
2017$6,782$190,500

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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.

Elementary School

school-card-donut-2091108
4
/10
  • Belmont Runyon Elementary School

  • 1 Belmont Ruyon Way

  • 0.28 miles

  • Public District Grades PK-8

High School

school-card-donut-2091109
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.08 miles

  • Public District Grades 9-12

school-card-donut-2091110
1
/10
  • Central High School

  • 250 18th Ave

  • 0.85 miles

  • Public District Grades 9-12

school-card-donut-2091111
1
/10
  • Weequahic High School

  • 279 Chancellor Ave

  • 1.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,994. The majority of Newark, NJ residents have income less than $35k annually. Residents typically live in single, no kids family. 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›07108›155 Milford Ave

This home is located at 155 Milford Ave in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $750,000.

In October 2024 more than 24 listings in Newark, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while 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%. In October 2024 median list price was $396,125 and the average listing age was 75 days.

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

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