22 days on rocket

176 Parker St, Newark City, NJ, 07104

$548,900

Home List Price

$6,518*

Closing Credit

5 Bedrooms
4 Full Baths
Multi

Location

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176 Parker St, Newark$548,900

Buyer Closing Credits

$6,518*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, None
Year Built1907
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #3932031
Lot Size0.06 Acres
StatusActive

About 176 Parker St

Welcome to 176 Parker St, a charming and well-maintained 2-family home located in the sought-after North Newark neighborhood, right by scenic Branch Brook Park with its sports fields, trails, and tranquil green spaces. This property, fully renovated in 2020, features 2 spacious units ideal for either an owner-occupant or investors. The 2nd unit, the larger of the two, is vacant and ready for immediate occupancy. It offers 3 bedrooms and 2 bathrooms, including a master bedroom with an ensuite bath. The updated kitchen is equipped with stainless steel appliances, including a stove, dishwasher, microwave, and refrigerator. The 1st unit includes 2 bedrooms and 2 full bathrooms, including the master bedroom with an ensuite bath.also with stainless steel appliances in the kitchen. This unit is tenant-occupied on a month-to-month lease rented at $1,725, providing reliable rental income. This property offers central air conditioning and forced heat throughout, making it a comfortable, modern choice. A generous backyard for outdoor enjoyment and easy access to schools, shopping, and public transportation. Ideal for homeowners seeking additional rental income. Don't miss out on this rare find in North Newark!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1907

Listing Office:

  • Office Name: NEW AND MODERN GROUP
  • Office Phone: (732) 962-2148

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking, None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Bloomfield Avenue to Parker Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $548,900
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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

176 Parker St vs Newark

22 DAYS ON ROCKET

-53 Days

$548,900

+$152.7K More

KEY TAKEAWAY

This property is $152.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3932031

Listing Office:

  • Office Name: NEW AND MODERN GROUP
  • Office Phone: (732) 962-2148

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: 11/23/2024, 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

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Payment Calculator

$2,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-775848
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.29 miles

  • Public District Grades PK-4

school-card-donut-775849
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.41 miles

  • Public District Grades PK-4

school-card-donut-775850
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.83 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. Most Newark, NJ residents have annual incomes less than $35k. Residents typically live in single, with kids family. 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›176 Parker St

This home is located at 176 Parker St in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1907, sits on a 0.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $548,900.

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. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased 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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