1 month on rocket

197 Malvern St, Newark, NJ, 07105

$590,000

Home List Price

$7,006*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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197 Malvern St, Newark$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingNatural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24030954
StatusActive
(ACTIVE)

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker, Wayne
  • Listing Agent: Andres Crespo

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • East Side High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Ann Street Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000

Tax Information:

  • Annual Amount: $4,788
  • Tax Year: 2020
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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

197 Malvern St vs Newark

41 DAYS ON ROCKET

-34 Days

$590,000

+$193.8K More

KEY TAKEAWAY

This property is $193.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24030954

Listing Office:

  • Office Name: Coldwell Banker, Wayne
  • Listing Agent: Andres Crespo

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, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,788$170,100
2019$6,281$170,100
2018$6,056$170,100
2017$6,056$170,100

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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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-1877330
5
/10

  • Ann Street Elementary School

  • 30 Ann St

  • 0.26 miles

  • Public District Grades PK-8

High School

school-card-donut-1877331
2
/10

  • East Side High School

  • 238 Van Buren St

  • 0.28 miles

  • Public District Grades 9-12

school-card-donut-1877332
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.71 miles

  • Public District Grades 9-12

school-card-donut-1877333
1
/10

  • Central High School

  • 250 18th Ave

  • 1.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,500. Residents of Newark, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07105›197 Malvern St

This home is located at 197 Malvern St in Newark, NJ and zip code 07105 in the East Ward neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $590,000.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. 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, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,125.

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

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