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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newark, NJ.
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,062
Per Month
Principal & Interest
$2,995
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
$1,865
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Thurgood Marshall Elementary School
141 Montgomery Ave # 181
Distance between this listing and this school1.32 miles
Public District Grades PK-5
2
/10
Harriet Tubman Elementary School
504 S 10th St
Distance between this listing and this school1.47 miles
Public District Grades PK-6
4
/10
George Washington School
1530 Leslie St
Distance between this listing and this school1.62 miles
Public District Grades 5-5
Nearby Schools
2
/10
Dayton Street Elementary School
433 Peshine Ave
Distance between this listing and this school0.27 miles
Public District Grades PK-8
1
/10
Belmont Runyon Elementary School
1 Belmont Ruyon Way
Distance between this listing and this school0.31 miles
Public District Grades PK-8
4
/10
Achieve Community Charter School
534 Clinton Ave
Distance between this listing and this school0.62 miles
Public Charter Grades KG-7
Nearby Schools
5
/10
Team Academy Charter School
60 Park Pl Ste 802
Distance between this listing and this school0.29 miles
Public Charter Grades KG-12
2
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school0.47 miles
Public District Grades 9-12
5
/10
University High School
55 Clinton Pl
Distance between this listing and this school0.84 miles
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.
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.