20 days on rocket

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
StatusActive

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

School Info

Assigned Schools Information:

  • Weequahic High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Mt. Vernon Place Elementary School, Public District Grades PK-8

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.

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

205 Eastern Pkwy vs Newark

20 DAYS ON ROCKET

-55 Days

$595,000

+$198.8K More

KEY TAKEAWAY

This property is $198.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #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: 11/5/2024, 6:20:47 PM 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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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-2042104
3
/10
  • Mt. Vernon Place Elementary School

  • 142 Mount Vernon Pl

  • 0.17 miles

  • Public District Grades PK-8

High School

school-card-donut-2042105
1
/10
  • Weequahic High School

  • 279 Chancellor Ave

  • 2.16 miles

  • Public District Grades 9-12

school-card-donut-2042106
1
/10
  • Central High School

  • 250 18th Ave

  • 2.66 miles

  • Public District Grades 9-12

school-card-donut-2042107
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 2.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,405. Most Newark, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. 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 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.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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