24 days on rocket

260-262 Seymour Ave, Newark, NJ, 07112

$675,000

Home List Price

$8,016*

Closing Credit

9 Bedrooms
5 Full Baths
Multi

Location

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260-262 Seymour Ave, Newark$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPark Space
HeatingNatural Gas
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24032947
StatusActive
(ACTIVE)

About 260-262 Seymour Ave

Welcome to this exceptional multifamily investment opportunity! This property features 3 large units, each designed with comfort and modern living in mind. Additionally, a 4th ground-level unit with separate outdoor entrance offers endless possibilities and can even be used as expansion of first unit. With numerous modern upgrades you can enjoy peace of mind while maximizing your investment. This property is perfectly situated on a corner lot, and close to public transportation and local amenities, ensuring high demand and rental potential. Don't miss your chance to capitalize on this incredible opportunity schedule a viewing today!

Property Details

Property Features

Listing Office:

  • Office Name: Wolf Premier Properties
  • Office Phone: (973) 218-9000
  • Listing Agent: Lucas A. Wolf

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Parking: Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Weequahic 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
  • Dayton Street Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $5,653
  • 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

260-262 Seymour Ave vs Newark

24 DAYS ON ROCKET

-51 Days

$675,000

+$278.8K More

KEY TAKEAWAY

This property is $278.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24032947

Listing Office:

  • Office Name: Wolf Premier Properties
  • Office Phone: (973) 218-9000
  • Listing Agent: Lucas A. Wolf

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, 8:20:51 AM 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$5,653$175,700
2019$6,488$175,700
2018$6,255$175,700
2017$6,255$175,700

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-1955057
3
/10
  • Dayton Street Elementary School

  • 433 Peshine Ave

  • 0.18 miles

  • Public District Grades PK-8

High School

school-card-donut-1955058
1
/10
  • Weequahic High School

  • 279 Chancellor Ave

  • 0.73 miles

  • Public District Grades 9-12

school-card-donut-1955059
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.89 miles

  • Public District Grades 9-12

school-card-donut-1955060
1
/10
  • Central High School

  • 250 18th Ave

  • 1.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. Typical income of Newark, NJ residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07112›260-262 Seymour Ave

This home is located at 260-262 Seymour Ave in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $675,000.

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. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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