7 months on rocket

198 Van Buren St, Newark City, NJ, 07105

$1,700,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

198 Van Buren St, Newark$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Parking2 Car Width
Year Built9999
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #3895777
Lot Size0.06 Acres
StatusActive

About 198 Van Buren St

Location, Location, Location, Corner building on one of the most desired areas of the Ironbound by Independence Park (Park dos mosquitos) Van Buren with Walnut St. In addition to a desired corner location, the building was been tastefully and completely renovated in 2014, 9 ft ceilings, all brand new, central ac/heat, Internet/phone/ cable ready, alarm system and cameras. 1st floor holds a bakery, 2 & 3rd floors have a large 3 bedrooms, 2 baths apartments w/ hardwood floors, granite counter tops and much more. Finished basement with full bath. very LOW TAXES. All separate utilities.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story, Triplex
  • Year Built: 9999

Listing Office:

  • Office Name: RE/MAX HERITAGE PROPERTIES
  • Office Phone: (908) 879-4700

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Security System, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Metal Fence, Storm Window(s)

Parking Information:

  • Parking: 2 Car Width

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Corner of Walnut to Van Buren

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

198 Van Buren St vs Newark

223 DAYS ON ROCKET

+148 Days

$1,700,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3895777

Listing Office:

  • Office Name: RE/MAX HERITAGE PROPERTIES
  • Office Phone: (908) 879-4700

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

Powered By

Rocket Mortgage

Advertisement

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-780445
1
/10

  • East Ward Elementary School

  • 104 Oliver St

  • 0.47 miles

  • Public District Grades PK-3

school-card-donut-780446
4
/10

  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 1.21 miles

  • Public Charter Grades PK-4

school-card-donut-780447
5
/10

  • Hamilton Intermediate School

  • 223 Hamilton St

  • 1.50 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,090. The majority of Newark, NJ residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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›198 Van Buren St

This home is located at 198 Van Buren St in Newark City, NJ and zip code 07105 in the East Ward neighborhood. This home, which was built in 9999, sits on a 0.06 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $1,700,000.

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

More Resources