new - 5 days on rocket

23 Martin Luther King Jr B, Newark City, NJ, 07104

$699,900

Home List Price

$8,311*

Closing Credit

13 Bedrooms
3 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

23 Martin Luther King Jr B, Newark$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone, On-Street Parking
Year Built1892
HeatingForced Air, Natural Gas
CoolingOther
BasementYes
MLS #3933489
Lot Size0.05 Acres
StatusActive

About 23 Martin Luther King Jr B

This impressive 3-unit property, located in a desirable Newark neighborhood, offers spacious living and well-proportioned rooms across each unit. With a prime location near schools and public transportation, it's perfect for residents and commuters alike. Each unit is meticulously maintained, making this an excellent choice for investors or owner-occupants seeking rental income.Take advantage of this rare opportunity to own a multi-unit property in a vibrant and convenient area. Don't let this chance slip by schedule a viewing today and discover the potential for income generation and comfortable living!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1892

Listing Office:

  • Office Name: RE/MAX FIRST REALTY II
  • Office Phone: (908) 664-1500

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 13

Exterior Features

Parking Information:

  • Parking: None, On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: MAPQUEST

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

23 Martin Luther King Jr B vs Newark

5 DAYS ON ROCKET

-70 Days

$699,900

+$303.7K More

KEY TAKEAWAY

This property is $303.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3933489

Listing Office:

  • Office Name: RE/MAX FIRST REALTY II
  • Office Phone: (908) 664-1500

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: 11/14/2024, 12:55:46 AM 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

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

Powered By

Rocket Mortgage

Advertisement

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-47115
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.14 miles

  • Public District Grades PK-4

school-card-donut-47116
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.46 miles

  • Public District Grades PK-4

school-card-donut-47117
5
/10

  • Washington Elementary School

  • 80 Belgrove Dr

  • 0.72 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,717. The most common annual income of people living in Newark, NJ is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07104›23 Martin Luther King Jr B

This home is located at 23 Martin Luther King Jr B in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1892, sits on a 0.05 acre lot. Features: 13 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $699,900.

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. 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.

More Resources