1 year on rocket

245-247 Avon Ave, Newark, NJ, 07108

$225,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontNone
MLS #23008052
StatusActive
(ACTIVE)

About 245-247 Avon Ave

Great opportunity to own this large vacant lot in Newark's redevelopment Zone. This lot has zone (R3) approval to build your dream home into a 3-family house with a driveway and garage on the back. A clean lot, no trees or debris, ready to build. Close to transportation, schools, shops, etc. The owner has updated the survey(see media). Buyers are to do their own Due Diligence.

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Hugo W. Meza

Exterior Features

Exterior Information:

  • Waterfront: None

School Info

Assigned Schools Information:

  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • East Side High School, Public District Grades 9-12
  • Louise Spencer Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $3,806
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

245-247 Avon Ave vs Newark

593 DAYS ON ROCKET

+518 Days

$225,000

-$171.1K Less

KEY TAKEAWAY

This property is $171.1K less than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23008052

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Hugo W. Meza

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, 5:20:50 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 07, 2019Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,806$135,200
2019 - $71,400
2018 - $71,400
2017 - $111,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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.

Elementary School

school-card-donut-1821250
5
/10
  • Louise Spencer Elementary School

  • 66 Muhammad Ali Ave

  • 0.14 miles

  • Public District Grades PK-8

High School

school-card-donut-1821251
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.37 miles

  • Public District Grades 9-12

school-card-donut-1821252
1
/10
  • Central High School

  • 250 18th Ave

  • 0.44 miles

  • Public District Grades 9-12

school-card-donut-1821253
2
/10
  • East Side High School

  • 238 Van Buren St

  • 1.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,735. Residents of Newark, NJ typically earn less than $35k each year. The most common type of family is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245-247 Avon Ave

What is the listing price of this property?

The listing price of 245-247 Avon Ave property is $225,000.

What type of property is this?

The property 245-247 Avon Ave is land located in Newark, New Jersey, 07108.

Is this property for sale now?

Active Listing: 245-247 Avon Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 245-247 Avon Ave are:
Louise Spencer Elementary School: GreatSchools Rating 5/10
Malcom X Shabazz High School: GreatSchools Rating 1/10
Central High School: GreatSchools Rating 1/10
East Side High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,806 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 7, 2019 for $185,000. (source: MLS/tax record).
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Rocket HomesNew JerseyEssex CountyNewark07108245-247 Avon Ave

This home is located at 245-247 Avon Ave in Newark, NJ and zip code 07108 in the South Ward neighborhood. It has been listed on Rocket Homes since March 22, 2023 and is currently priced at $225,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. The number of homes for sale in Newark, NJ increased by 25.4% between September 2024 and October 2024. 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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