18 days on rocket

224 Chestnut St, Newark, NJ, 07105

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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224 Chestnut St, Newark$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingO/See Remk, Park Space
HeatingNatural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24033512
StatusActive
(ACTIVE)

About 224 Chestnut St

What an opportunity to own a Legal 2 Family House in the Ironbound, which features 2 bdrm on each floor with a long driveway and a large 4 car garage. Centrally located, near transit. SOLD in "AS IS" condition.

Property Details

Property Features

Listing Office:

  • Office Name: The Arendel Group, LLC
  • Office Phone: (908) 764-8610
  • Listing Agent: Rosangely Negron

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Fabricated Stucco, Mason/stucco, None

Parking Information:

  • Parking: O/See Remk, Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • East Side High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000

Tax Information:

  • Annual Amount: $5,340
  • 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

224 Chestnut St vs Newark

18 DAYS ON ROCKET

-57 Days

$649,000

+$252.8K More

KEY TAKEAWAY

This property is $252.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24033512

Listing Office:

  • Office Name: The Arendel Group, LLC
  • Office Phone: (908) 764-8610
  • Listing Agent: Rosangely Negron

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: 11/5/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2005Home Sold
$480,000
Sep 27, 2004Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,340$189,700
2019$7,005$189,700
2018$6,753$189,700
2017$6,753$189,700

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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.

High School

school-card-donut-1910115
2
/10

  • East Side High School

  • 238 Van Buren St

  • 0.38 miles

  • Public District Grades 9-12

school-card-donut-1910116
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.40 miles

  • Public District Grades 9-12

school-card-donut-1910117
1
/10

  • Central High School

  • 250 18th Ave

  • 1.42 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,958. The majority of Newark, NJ residents have income between $35k-100k annually. Most 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›224 Chestnut St

This home is located at 224 Chestnut St in Newark, NJ and zip code 07105 in the East Ward neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $649,000.

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. In October 2024 median list price was $396,125 and the average listing age was 75 days.

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

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