2 months on rocket

222 Walnut St, Newark, NJ, 07105

$529,000

Home List Price

$6,282*

Closing Credit

5 Bedrooms
2 Full Baths
Multi

Location

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222 Walnut St, Newark$529,000

Buyer Closing Credits

$6,282*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24027756
StatusActive
(ACTIVE)

About 222 Walnut St

CALLING ALL BUYERS AND INVESTORS!!! This 2 family home located near Independence Park. The 1st floor offers a spacious eat-in-kitchen, living room, two bedrooms and full bath. The 2nd floor has eat-in-kitchen, living room, three bedrooms and full bathroom. There is an unfinished attic and basement. Nice back yard. Bring your buyers!!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX SELECT - Westfield
  • Office Phone: (201) 888-2000
  • Listing Agent: Sophia Vazac

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,000

Tax Information:

  • Annual Amount: $4,953
  • 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

222 Walnut St vs Newark

85 DAYS ON ROCKET

+10 Days

$529,000

+$132.8K More

KEY TAKEAWAY

This property is $132.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24027756

Listing Office:

  • Office Name: RE/MAX SELECT - Westfield
  • Office Phone: (201) 888-2000
  • Listing Agent: Sophia Vazac

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: 11/22/2024, 12:20:52 PM 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$4,953$182,600
2019$6,493$182,600
2018$6,251$182,600
2017$6,251$182,600

History based on county public records data.

Payment Calculator

$2,708

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,652

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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-607912
1
/10

  • East Ward Elementary School

  • 104 Oliver St

  • 0.20 miles

  • Public District Grades PK-3

school-card-donut-607913
4
/10

  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 0.87 miles

  • Public Charter Grades PK-4

school-card-donut-607914
5
/10

  • Hamilton Intermediate School

  • 223 Hamilton St

  • 1.41 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 $65,553. The majority of Newark, NJ residents have income between $35k-100k annually. 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›222 Walnut St

This home is located at 222 Walnut St in Newark, NJ and zip code 07105 in the East Ward neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $529,000.

In October 2024 more than 24 listings in Newark, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

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

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