new - 3 days on rocket

284 Wainwright St, Newark City, NJ, 07112

$589,000

Home List Price

$6,994*

Closing Credit

7 Bedrooms
2 Full Baths
Multi

Location

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284 Wainwright St, Newark$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff-Street Parking, Detached Garage
Garage2 spaces
Year Built1950
HeatingMulti Unit(s), Natural Gas
CoolingNone
BasementYes
MLS #3937948
Lot Size0.08 Acres
StatusActive

About 284 Wainwright St

This well-maintained two-family property in Newark's sought-after Weequahic section is a fantastic opportunity for both owner-occupants and investors. The first unit features 3 sizable bedrooms, 1 bathroom, and a bright eat-in kitchen, while the second unit spans two floors as a duplex, offering 4 bedrooms, 1 bathroom, a spacious eat-in kitchen, and a cozy den. Each unit has its own utilities, including separate boilers, hot water heaters, and electrical meters, providing convenience and efficiency. With its prime location in Newark's booming market, this home is a rare find. It is available for tours with lender pre-approval. Buyers are responsible for CO and Fire certificates. Act quickly this property won't stay on the market for long!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1950

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (973) 820-6330

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off-Street Parking, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Cross-Streets: Chancellor & Lyons Avenues

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
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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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

284 Wainwright St vs Newark

3 DAYS ON ROCKET

-11 Days

$589,000

+$189K More

KEY TAKEAWAY

This property is $189K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3937948

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (973) 820-6330

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: 12/18/2024, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

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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-4349255
4
/10

  • George Washington School

  • 1530 Leslie St

  • 0.41 miles

  • Public District Grades 5-5

school-card-donut-4349256
3
/10

  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-4349257
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,200. Most Newark, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›284 Wainwright St

This home is located at 284 Wainwright St in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1950, sits on a 0.08 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $589,000.

Newark, NJ housing market in November 2024 saw over 22 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 2024. In November 2024 median list price was $400,000 and the average listing age was 14 days.

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

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