4 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
MLS #24027756
StatusActive
(Active Attorney Review)

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: (908) 233-9292
  • Listing Agent: Sophia Vazac

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

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.

Med. Sold Price

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

222 Walnut St vs Newark

130 DAYS ON ROCKET

+99 Days

$529,000

+$89K More

KEY TAKEAWAY

This property is $89K more than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #24027756

Listing Office:

  • Office Name: RE/MAX SELECT - Westfield
  • Office Phone: (908) 233-9292
  • 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© 2025 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: 1/7/2025, 1:21:03 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$4,953$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-815372
1
/10
  • East Ward Elementary School

  • 104 Oliver St

  • 0.20 miles

  • Public District Grades PK-3

school-card-donut-815373
4
/10
  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 0.87 miles

  • Public Charter Grades PK-4

school-card-donut-815374
5
/10
  • Hamilton Intermediate School

  • 223 Hamilton St

  • 1.41 miles

  • Public District Grades 4-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,553. The most common annual income of people living in Newark, NJ is between $35k-100k. 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 HomesNew JerseyEssex CountyNewark07105222 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.

Over 17 listings were sold over their listed price in December 2024 in Newark, NJ. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. Between November 2024 and December 2024, Newark, NJ real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in December 2024 was 31 days, the median list price was $440,000.

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

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