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Backup Offers

205 Eastern Pkwy, Newark City, NJ, 07106

$595,000

Home List Price

$7,066*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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205 Eastern Pkwy, Newark$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width
Year Built1949
HeatingForced Air, Natural Gas
BasementYes
MLS #3929335
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Under Contract Cont. to Show)

About 205 Eastern Pkwy

large, fully renovated 2 family home in desirable Upper Vailsburg sect of Newark, close proximity to everything! Updates include new plumbing, separate forced Hot air, hardwood floors through out property. This property has tremendous rental income potential due to it's large apartments and amenities like forced air heat and on site laundry, making it a great opportunity for both investor and owner occupant.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story, 3-Three Story
  • Year Built: 1949

Listing Office:

  • Office Name: UNITED REAL ESTATE
  • Office Phone: (888) 501-6953

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: 1 Car Width

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: open maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
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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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

205 Eastern Pkwy vs Newark

63 DAYS ON ROCKET

+49 Days

$595,000

+$195K More

KEY TAKEAWAY

This property is $195K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3929335

Listing Office:

  • Office Name: UNITED REAL ESTATE
  • Office Phone: (888) 501-6953

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: 12/18/2024, 8:20:48 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

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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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-4453092
6
/10

  • Clinton Elementary School

  • 27 Berkshire Rd

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-4453093
3
/10

  • Florence Avenue Elementary School

  • 1324 Springfield Ave

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-4453094
2
/10

  • Madison Avenue

  • 173 Madison Ave

  • 0.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,405. 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›07106›205 Eastern Pkwy

This home is located at 205 Eastern Pkwy in Newark City, NJ and zip code 07106 in the West Ward neighborhood. This home, which was built in 1949, sits on a 0.15 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $595,000.

Over 22 listings were sold over their listed price in November 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Newark, NJ between October 2024 and November 2024 increased by 13.5%. The median list price of listings available in November 2024 was $400,000, while the average time on the real estate market was 14 days.

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

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