ParkingOff-Street Parking, See Remarks, Detached Garage
Garage1 space
Year Built1926
HeatingNatural Gas
BasementYes
MLS #3917572
Lot Size0.08 Acres
StatusAccepting Backup Offers (Under Contract Cont. to Show)
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!!
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. 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, 11:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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.
Elementary School
3
/10
Chancellor Avenue Elementary School
321 Chancellor Ave
Distance between this listing and this school0.17 miles
Public District Grades 3-8
High School
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school0.15 miles
Public District Grades 9-12
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school1.47 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school1.87 miles
Public District Grades 9-12
Assigned Schools
3
/10
Chancellor Avenue Elementary School
321 Chancellor Ave
Distance between this listing and this school0.17 miles
Public District Grades 3-8
Nearby Schools
3
/10
George Washington Carver Elementary School
333 Clinton Pl
Distance between this listing and this school0.16 miles
Public District Grades PK-8
5
/10
George Washington School
1530 Leslie St
Distance between this listing and this school0.59 miles
Public District Grades 5-5
Nearby Schools
5
/10
Krumbiegel Middle School
145 Hillside Ave
Distance between this listing and this school0.82 miles
Public District Grades 6-8
3
/10
Union Avenue Middle School
427 Union Ave
Distance between this listing and this school1.20 miles
Public District Grades 6-8
4
/10
Universiy Middle School
255 Myrtle Ave
Distance between this listing and this school1.69 miles
Public District Grades 6-8
Assigned Schools
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school0.15 miles
Public District Grades 9-12
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school1.47 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school1.87 miles
The neighbors living near this home have an average income of $46,821. Residents of Newark, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Newark, NJ increased by 25.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.
From Rocket Homes Real Estate and based on county public records data.