13 days on rocket

295 Dr Martin Luther King J, Newark City, NJ, 07102

$450,000

Home List Price

$5,344*

Closing Credit

6 Bedrooms
2 Full Baths
House

Location

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295 Dr Martin Luther King J, Newark$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn-Street Parking
Year Built1887
HeatingNatural Gas
BasementYes
MLS #3929916
Lot Size0.04 Acres
StatusActive

About 295 Dr Martin Luther King J

Beautiful Brown Stone Town House in Historic Dr Martin Luther king Jr blvdDowntown Newark near to Saint Micheals Medical Center, institute of technology ,the Newark museum of artNJPAC & Public Transportation to NY. Three floors residential House with 2nd floor has 4 Bedrooms and a Bathroom.1st Floor has 2 Bedroom, Kitchen and Living room Basement with Bathroom , laundry room and storage

Property Details

Property Features

Property Information:

  • Architectural Style: Multi Floor Unit
  • Year Built: 1887

Listing Office:

  • Office Name: SKY REALTY ASSOCIATES
  • Office Phone: (973) 344-8880

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Oven, Refrigerator
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Sussex Avenue Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: See Google

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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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

295 Dr Martin Luther King J vs Newark

13 DAYS ON ROCKET

-62 Days

$450,000

+$53.8K More

KEY TAKEAWAY

This property is $53.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3929916

Listing Office:

  • Office Name: SKY REALTY ASSOCIATES
  • Office Phone: (973) 344-8880

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: 11/5/2024, 7:20:47 AM 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

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Elementary School

school-card-donut-2015747
2
/10
  • Sussex Avenue Elementary School

  • 307 Sussex Ave

  • 0.82 miles

  • Public District Grades PK-8

High School

school-card-donut-2015748
1
/10
  • Barringer High School

  • 90 Parker St

  • 0.80 miles

  • Public District Grades 9-12

school-card-donut-2015749
8
/10
  • Technology High School

  • 223 Broadway

  • 0.97 miles

  • Public District Grades 9-12

school-card-donut-2015750
1
/10
  • Central High School

  • 250 18th Ave

  • 1.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,765. Typical income of Newark, NJ residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 295 Dr Martin Luther King J

What is the listing price of this property?

The listing price of 295 Dr Martin Luther King J property is $450,000.

What type of property is this?

The property 295 Dr Martin Luther King J is a house located in Newark City, New Jersey, 07102.

Is this property for sale now?

Active Listing: 295 Dr Martin Luther King J is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 295 Dr Martin Luther King J are:
Sussex Avenue Elementary School: GreatSchools Rating 2/10
Barringer High School: GreatSchools Rating 1/10
Technology High School: GreatSchools Rating 8/10
Central High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 295 Dr Martin Luther King J has 6 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 295 Dr Martin Luther King J is 1887.

Rocket HomesNew JerseyEssex CountyNewark07102295 Dr Martin Luther King J

This home is located at 295 Dr Martin Luther King J in Newark City, NJ and zip code 07102 in the Central Ward neighborhood. This home, which was built in 1887, sits on a 0.04 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $450,000.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and 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%. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.

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

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