3 months on rocket

247 Parker St, Newark, NJ, 07104

$700,000

Home List Price

$8,313*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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247 Parker St, Newark$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPark Space
HeatingNatural Gas, Hot Water, Radiant
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24028454
StatusActive
(ACTIVE)

About 247 Parker St

Welcome to 247 Parker St, a stunning multi-family property in North Newark, NJ. This home offers 3 bedrooms, 1 bath, a living room, and an eat-in kitchen. The 3rd floor is a 1 bedroom, 1 bath, living room, and kitchen, providing ample space for comfortable living or rental opportunities. Outside, the property features a fenced-in backyard with a deck on the 1st and 2nd floors, offering a private space for outdoor relaxation and gatherings. There is a 2-car driveway and a full basement. The roof and electricity were replaced last year. Conveniently located in the vibrant city of Newark, this home provides easy access to various amenities, including Branch Brook Park only a few blocks away, shopping, and restaurants. The bus stop to Broad St. train Station is only a few feet from the house, ensuring that everything you need is a short distance away. Don't miss the opportunity to make this remarkable multi-family property your own. The 1st and 2nd floors are rented month to month.

Property Details

Property Features

Listing Office:

  • Office Name: Compass New Jersey, LLC-Montclair
  • Office Phone: (908) 307-8701
  • Listing Agent: Claudia Barboza

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Parking: Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Radiant
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000

Tax Information:

  • Annual Amount: $4,777
  • 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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

247 Parker St vs Newark

90 DAYS ON ROCKET

+76 Days

$700,000

+$300K More

KEY TAKEAWAY

This property is $300K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24028454

Listing Office:

  • Office Name: Compass New Jersey, LLC-Montclair
  • Office Phone: (908) 307-8701
  • Listing Agent: Claudia Barboza

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: 12/4/2024, 2:20:52 PM 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$4,777$169,700
2019$6,267$169,700
2018$6,041$169,700
2017$6,041$169,700

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-72981
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.30 miles

  • Public District Grades PK-4

school-card-donut-72982
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.44 miles

  • Public District Grades PK-4

school-card-donut-72983
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.75 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,355. Most Newark, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07104›247 Parker St

This home is located at 247 Parker St in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $700,000.

Over 22 listings were sold over their listed price in November 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Newark, NJ between October 2024 and November 2024 increased by 13.5%. In November 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $400,000.

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

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