264 Pomona Unit 3, Newark City, NJ, 07112

Location

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264 Pomona Unit 3, Newark$625,000

Buyer Closing Credits

$7,422^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingOff-Street Parking, See Remarks, Detached Garage

Garage1 space

Year Built1926

HeatingNatural Gas

BasementYes

MLS #3917572

Lot Size0.08 Acres

StatusSale Pending
(Under Contract)

About 264 Pomona Unit 3

Welcome to 264-266 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

Property Information:

Architectural Style: 3-Three Story
Year Built: 1926

Listing Office:

Office Name: BHHS FOX & ROACH
Office Phone: (862) 321-2777

Interior Features

Interior Information:

Appliances: Refrigerator
Basement: Yes
Interior: Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors

Bedroom and Bathroom Information:

Full Bathrooms: 3
Total Bedroom Count: 6

Exterior Features

Exterior Information:

Exterior: Curbs, Metal Fence, Sidewalk

Parking Information:

Garage Space: 1 space
Attached Garage: No
Parking: Off-Street Parking, See Remarks, Detached Garage

Lot Features

Lot Information:

Lot: Level
Lot Size: 0.08 Acres

Utilities

Utilities Information:

Heating: Natural Gas

Other

Directions Information:

Directions: UNION AVE TO LYONS AVE TO ALDINE ST TO POMONA AVE

Price Information

Listing Price Info

Price Summary:

List Price: $625,000

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Housing Market Comparison

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

Newark, NJ

City

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

# of Sold Homes

264 Pomona Unit 3 vs Newark

126 DAYS ON ROCKET

+112 Days

$625,000

+$225K More

KEY TAKEAWAY

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: #3917572

Listing Office:

Office Name: BHHS FOX & ROACH
Office Phone: (862) 321-2777

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Last updated on: 12/11/2024, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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

/10

George Washington School
1530 Leslie St
Distance between this listing and this school0.59 miles
Public District Grades 5-5

/10

Mt. Vernon Avenue Elementary School
54 Mount Vernon Ave
Distance between this listing and this school0.95 miles
Public District Grades KG-5

/10

Thurgood Marshall Elementary School
141 Montgomery Ave # 181
Distance between this listing and this school0.98 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

34%

<35k

50%

35k-100k

16%

100k-200k

200k+

What level of education do the neighbors have?

High School: 54%
Post Secondary: 39%
Masters: 7%

What types of families live nearby?

53%

Single, No Kids

28%

Single, with Kids

Married, No Kids

10%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 65%
Home Owners: 35%

How old are people in this area?

14%

<11 yrs old

10%

12-17 yrs old

24%

18-34 yrs old

42%

35-64 yrs old

10%

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)

Where do the neighbors shop?

Burlington
H&M
Foot Locker

Where do the neighbors go to eat?

White Castle
Boston Market
Little Caesars

What do the neighbors drive?

Kia
Honda
Dodge

What do the neighbors listen to?

Urban Adult Contemporary
Rhythmic Contemporary Hits

The neighbors living near this home have an average income of $46,821. The most common annual income of people living in Newark, NJ is between $35k-100k. Most families are 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›07112›264 Pomona Unit 3

This home is located at 264 Pomona Unit 3 in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1926, sits on a 0.08 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 07, 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. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. The median list price of listings available in November 2024 was $400,000, while the average time on the real estate market was 14 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

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Housing Market Reports in Essex County