27 days on rocket

290 Walnut St, Newark City, NJ, 07105

$630,000

Home List Price

$7,481*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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290 Walnut St, Newark$630,000

Buyer Closing Credits

$7,481*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSee Remarks, Attached Garage
Attached Garage1 space
Year Built1900
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #3919799
StatusActive

About 290 Walnut St

Discover this fantastic investment opportunity in Newark! This well-maintained multifamily property offers two spacious units, each featuring 3 bedrooms and 1 bathroom, perfect for accommodating tenants or owner-occupants. The property boasts a finished basement, providing additional living or storage space. As a bonus, there's a separate studio at the back of the house, ideal for extra rental income or a private workspace. Conveniently located near transportation, schools, and shopping, this property is a rare find. Don't miss out on this versatile and income-generating gem!Come make this house your home before someone else does!

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1900

Listing Office:

  • Office Name: KELLER WILLIAMS - NJ METRO GROUP
  • Office Phone: (862) 213-0008

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: See Remarks, Attached Garage

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East Side High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $630,000
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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

$382K

Med. Price/SqFt

$231

# of Sold Homes

29

290 Walnut St vs Newark

27 DAYS ON ROCKET

$630,000

+$248K More

KEY TAKEAWAY

This property is $248K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3919799

Listing Office:

  • Office Name: KELLER WILLIAMS - NJ METRO GROUP
  • Office Phone: (862) 213-0008

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: 9/16/2024, 8:20:46 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

$3,212

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,955

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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.

High School

school-card-donut-2412062
2
/10

  • East Side High School

  • 238 Van Buren St

  • 0.23 miles

  • Public District Grades 9-12

school-card-donut-2412063
1
/10

  • Central High School

  • 250 18th Ave

  • 1.60 miles

  • Public District Grades 9-12

school-card-donut-2412064
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.67 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 $46,090. The most common annual income of people living in Newark, NJ is between $35k-100k. 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›07105›290 Walnut St

This home is located at 290 Walnut St in Newark City, NJ and zip code 07105 in the East Ward neighborhood. This home was built in 1900. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $630,000.

Newark, NJ housing market in August 2024 saw over 13 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. Between July 2024 and August 2024, Newark, NJ real estate market has seen increase in the number of listings by 22.2%.

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

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