3 months on rocket

Backup Offers

283 Ridgewood Ave, Newark City, 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 Ridgewood Ave, Newark$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Parking1 Car Width, Blacktop, Driveway-Exclusive, Fencing, Detached Garage
Garage2 spaces
Year Built1925
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3919313
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Under Contract Cont. to Show)

About 283 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!

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1925

Listing Office:

  • Office Name: MORE HOMES REALTY, LLC
  • Office Phone: (908) 998-9797

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Blacktop, Driveway-Exclusive, Fencing, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

Other

Directions Information:

  • Directions: Hawthorne Avenue to Ridgewood Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
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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

283 Ridgewood Ave vs Newark

97 DAYS ON ROCKET

+22 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: #3919313

Listing Office:

  • Office Name: MORE HOMES REALTY, LLC
  • Office Phone: (908) 998-9797

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: 11/22/2024, 12:20:46 PM 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

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Nearby Schools

school-card-donut-602141
4
/10
  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-602142
2
/10
  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 1.47 miles

  • Public District Grades PK-6

school-card-donut-602143
4
/10
  • George Washington School

  • 1530 Leslie St

  • 1.62 miles

  • Public District Grades 5-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,841. Typical income of Newark, NJ residents is less than $35k annually. Most families are single, with kids. 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›283 Ridgewood Ave

This home is located at 283 Ridgewood Ave in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1925, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $599,900.

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 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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