6 months on rocket

196 Sussex Ave, Newark City, NJ, 07103

$675,000

Home List Price

$8,016*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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196 Sussex Ave, Newark$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, See Remarks
Year Built1887
HeatingOther, Natural Gas
BasementYes
MLS #3904907
Lot Size0.05 Acres
StatusActive

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1887

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (866) 201-6210

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: On-Street Parking, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas

Other

Directions Information:

  • Directions: From Garden State Pkwy N to Sussex Ave in Newark. Take exit 13 from I-280 E, turn left onto Sussex Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
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Housing Market Comparison

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

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

196 Sussex Ave vs Newark

206 DAYS ON ROCKET

+192 Days

$675,000

+$275K More

KEY TAKEAWAY

This property is $275K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3904907

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (866) 201-6210

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

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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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 12:20:49 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

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-1446591
3
/10
  • Roseville Community Charter School

  • 540 Orange St

  • 0.67 miles

  • Public Charter Grades KG-4

school-card-donut-1446592
4
/10
  • Franklin Elementary School

  • 42 Park Ave

  • 0.70 miles

  • Public District Grades PK-4

school-card-donut-1446593
5
/10
  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.76 miles

  • Public District Grades PK-1

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,206. The most common annual income of people living in Newark, NJ is between $35k-100k. Residents typically live in single, no kids family. 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 HomesNew JerseyEssex CountyNewark07103196 Sussex Ave

This home is located at 196 Sussex Ave in Newark City, NJ and zip code 07103 in the Central Ward neighborhood. This home, which was built in 1887, sits on a 0.05 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $675,000.

In November 2024 more than 22 listings in Newark, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. The number of listings in Newark, NJ increased by 13.5% between October 2024 and November 2024. In November 2024 median list price was $400,000 and the average listing age was 14 days.

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

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