5 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.

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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

196 Sussex Ave vs Newark

174 DAYS ON ROCKET

+99 Days

$675,000

+$278.8K More

KEY TAKEAWAY

This property is $278.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #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.

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: 11/22/2024, 11:20:46 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-749841
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.67 miles

  • Public Charter Grades KG-4

school-card-donut-749842
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.70 miles

  • Public District Grades PK-4

school-card-donut-749843
5
/10

  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.76 miles

  • Public District Grades PK-1

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,206. The majority of Newark, NJ residents have income between $35k-100k 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›07103›196 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 October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. 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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