2 months on rocket

283-285 Ridgewood Ave, Newark, NJ, 07112

$599,900

Home List Price

$7,124*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
Multi

Location

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283-285 Ridgewood Ave, Newark$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
HeatingNatural Gas, Hot Water, Oil
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24026679
StatusActive
(ACTIVE)

About 283-285 Ridgewood Ave

Welcome home! This spacious, updated two unit property with freshly finished basement is available now. The first floor has 2 spacious bedrooms with room for a possible 3rd, living room, dining room, large eat-in-kitchen and 1 full renovated bath & one 3/4 bath w/shower. The second unit has 3 large bedrooms, den/office, living room, dining room, huge eat-in-kitchen and 1 full bathroom. Full walkout basement with new bathroom, finished room and washer/dryer hookups. Fenced in property with blacktop parking for 6+ vehicles and 2-car detached garage. Must see! Open House October 12, 2024 1pm-3pm.

Property Details

Property Features

Listing Office:

  • Office Name: More Homes Realty, LLC
  • Office Phone: (908) 294-0818
  • Listing Agent: Pedro Castro

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Aluminum, Brick, Security

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Oil
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Malcom X Shabazz High School, Public District Grades 9-12
  • Weequahic 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: $599,900

Tax Information:

  • Annual Amount: $4,324
  • Tax Year: 2020
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Housing Market Comparison

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

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

283-285 Ridgewood Ave vs Newark

80 DAYS ON ROCKET

+5 Days

$599,900

+$203.7K More

KEY TAKEAWAY

This property is $203.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24026679

Listing Office:

  • Office Name: More Homes Realty, LLC
  • Office Phone: (908) 294-0818
  • Listing Agent: Pedro Castro

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$4,324$153,600
2019$5,672$153,600
2018$5,468$153,600
2017$5,468$153,600

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-1885884
3
/10

  • Dayton Street Elementary School

  • 433 Peshine Ave

  • 0.18 miles

  • Public District Grades PK-8

High School

school-card-donut-1885885
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.67 miles

  • Public District Grades 9-12

school-card-donut-1885886
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 1.05 miles

  • Public District Grades 9-12

school-card-donut-1885887
1
/10

  • Central High School

  • 250 18th Ave

  • 1.34 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,237. Residents of Newark, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›283-285 Ridgewood Ave

This home is located at 283-285 Ridgewood Ave in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $599,900.

In October 2024 more than 24 listings in Newark, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

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

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