4 months on rocket

225-227 Wainwright St, Newark, NJ, 07112

$500,000

Home List Price

$5,938*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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225-227 Wainwright St, Newark$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage2 spaces
MLS #24024962
StatusActive

About 225-227 Wainwright St

CASH ONLY or 203K. BACK ON MThis 3-level, two-family home is being sold as-is, UGT and offers a fantastic opportunity for both families and investors. Located near major highways and convenient transportation options. First Floor: Features 2 bedrooms, 1 bathroom, and a kitchen equipped with a new fridge and stove. Enjoy access to the basement for additional storage and laundry facilities. Second Floor: Boasts 2 bedrooms, 1 bathroom, and a recently updated kitchen. A sunroom provides extra living space, with convenient access to the basement for storage and laundry. Basement: Unfinished, with laundry facilities, hot water heater, furnace, and an underground tank. Additional highlights include a spacious backyard, a detached 2-car garage, and a long driveway. This home is ideal for a family wanting to live in one unit while renting out the other or for investors looking for a promising property with rental poten

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty Central Monmouth
  • Office Phone: (732) 945-5253
  • Listing Agent: Nancy Ellithy

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $3,600
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

225-227 Wainwright St vs Newark

138 DAYS ON ROCKET

+124 Days

$500,000

+$100K More

KEY TAKEAWAY

This property is $100K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024962

Listing Office:

  • Office Name: Keller Williams Realty Central Monmouth
  • Office Phone: (732) 945-5253
  • Listing Agent: Nancy Ellithy

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: 12/18/2024, 7:21:07 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

Dec 08, 2005Home Sold
$192,610

Tax History

YEARPROP. TAXASSESSMENT
2020$3,600$127,900
2019$4,723$127,900
2018$4,553$127,900
2017$4,553$127,900

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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.

Nearby Schools

school-card-donut-4442206
4
/10
  • George Washington School

  • 1530 Leslie St

  • 0.13 miles

  • Public District Grades 5-5

school-card-donut-4442207
3
/10
  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-4442208
6
/10
  • Hurden Looker School

  • 1261 Liberty Ave

  • 0.88 miles

  • Public District Grades 3-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,708. The majority of Newark, NJ residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyEssex CountyNewark07112225-227 Wainwright St

This home is located at 225-227 Wainwright St in Newark, NJ and zip code 07112. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $500,000.

In November 2024, from all listings sold in Newark, NJ there were more than 22 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 2024. In November 2024 median list price was $400,000 and the average listing age was 14 days.

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

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