Welcome to 264 Pomona Ave!!.this fantastic investment opportunity in the Weequahic section of Newark features 3 units that are in move in ready condition, high ceilings, hardwood floors, updated kitchens, spacious floor plan, 2 bedrooms on the first floor and second floor with an additional den/home office on both levels...2 car detached garage...this corner property has an unfinished basement and is located close to major highways, NYC transport, hospitals and shopping areas!!...property is being sold in an "as is" condition, seller will not address any repairs, buyer responsible for all town certificates at buyers expense...1st and 2nd floors are tenant occupied...units are identical in layout...this is not to be missed...property needs some TLC ....schedule your tour today!!
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston
Office Phone: (973) 992-6363
Listing Agent: Carolyn Naraine
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 6
Exterior Features
Parking Information:
Garage Space: 2 spaces
Price Information
Listing Price Info
Price Summary:
List Price: $625,000
Tax Information:
Annual Amount: $4,225
Tax Year: 2020
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.
This property is $225K more than the Median Sold Price in Newark, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #24032723
Listing Office:
Office Name: Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston
Office Phone: (973) 992-6363
Listing Agent: Carolyn Naraine
Disclaimer: 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.
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: 12/17/2024, 11:56:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 21, 2014
Oct 21, 2014Home Sold
$150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,225
$150,100
2019
$5,543
$150,100
2018
$5,344
$150,100
2017
$5,344
$150,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,187
Per Month
Principal & Interest
$3,120
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,940
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
George Washington School
1530 Leslie St
Distance between this listing and this school1.07 miles
Public District Grades 5-5
6
/10
Hurden Looker School
1261 Liberty Ave
Distance between this listing and this school1.44 miles
Public District Grades 3-4
4
/10
Thurgood Marshall Elementary School
141 Montgomery Ave # 181
Distance between this listing and this school1.50 miles
Public District Grades PK-5
Nearby Schools
2
/10
Dayton Street Elementary School
433 Peshine Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-8
2
/10
George Washington Carver Elementary School
333 Clinton Pl
Distance between this listing and this school0.69 miles
Public District Grades PK-8
2
/10
Chancellor Avenue Elementary School
321 Chancellor Ave
Distance between this listing and this school0.78 miles
Public District Grades 3-8
Nearby Schools
5
/10
Team Academy Charter School
60 Park Pl Ste 802
Distance between this listing and this school0.51 miles
Public Charter Grades KG-12
1
/10
Eagle Academy for Young Men of Newark
279 Chancellor Ave
Distance between this listing and this school0.72 miles
Public District Grades 6-12
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school0.73 miles
The neighbors living near this home have an average income of $43,285. Typical income of Newark, NJ residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 264-266 Pomona Ave in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $625,000.
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 number of homes for sale in Newark, NJ increased by 13.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 14 days, the median list price was $400,000.
From Rocket Homes Real Estate and based on county public records data.