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Backup Offers

264 Pomona Unit 3, Newark City, NJ, 07112

$625,000

Home List Price

$7,422*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

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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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
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!!

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

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
  • Chancellor Avenue Elementary School, Public District Grades 3-8

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.

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

264 Pomona Unit 3 vs Newark

90 DAYS ON ROCKET

+15 Days

$625,000

+$228.8K More

KEY TAKEAWAY

This property is $228.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3917572

Listing Office:

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

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

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

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-2041409
3
/10
  • Chancellor Avenue Elementary School

  • 321 Chancellor Ave

  • 0.17 miles

  • Public District Grades 3-8

High School

school-card-donut-2041410
1
/10
  • Weequahic High School

  • 279 Chancellor Ave

  • 0.15 miles

  • Public District Grades 9-12

school-card-donut-2041411
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.47 miles

  • Public District Grades 9-12

school-card-donut-2041412
1
/10
  • Central High School

  • 250 18th Ave

  • 1.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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.

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 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.

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