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176 Parker St, Newark, NJ, 07104

$548,900

Home List Price

$6,518*

Closing Credit

5 Bedrooms
3 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
ParkingNone
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
MLS #24034933
StatusActive
(ACTIVE)

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 1 bathroom, 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.Don't miss out on this rare find in N Newark!

Property Details

Property Features

Listing Office:

  • Office Name: New and Modern Group
  • Office Phone: (732) 962-2148
  • Listing Agent: Mathew Meisels

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $548,900

Tax Information:

  • Annual Amount: $3,195
  • 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

176 Parker St vs Newark

4 DAYS ON ROCKET

-71 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: #24034933

Listing Office:

  • Office Name: New and Modern Group
  • Office Phone: (732) 962-2148
  • Listing Agent: Mathew Meisels

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, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2020Home Sold
$155,000
Oct 11, 2017Home Sold
$70,000
Jan 29, 2007Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,195$113,500
2019$4,191$113,500
2018$4,041$113,500
2017$4,041$113,500

History based on county public records data.

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.

High School

school-card-donut-1968605
1
/10
  • Barringer High School

  • 90 Parker St

  • 0.26 miles

  • Public District Grades 9-12

school-card-donut-1968606
8
/10
  • Technology High School

  • 223 Broadway

  • 0.47 miles

  • Public District Grades 9-12

school-card-donut-1968607
1
/10
  • Central High School

  • 250 18th Ave

  • 2.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,143. Typical income of Newark, NJ residents is less than $35k annually. The most common type of family is single, with kids. 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›07104›176 Parker St

This home is located at 176 Parker St in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 5 bedrooms, 3 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 number of listings in Newark, NJ increased by 25.4% between September 2024 and October 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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