5 months on rocket

3-5 Ferdinand St, Newark, NJ, 07103

$799,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontNone
MLS #24017466
StatusActive
(ACTIVE)

About 3-5 Ferdinand St

Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Park Views
  • Listing Agent: Eyal Levy

Exterior Features

Exterior Information:

  • Waterfront: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000

Tax Information:

  • Annual Amount: $523
  • Tax Year: 2020
House and calculator

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.

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

3-5 Ferdinand St vs Newark

166 DAYS ON ROCKET

+91 Days

$799,000

+$402.8K More

KEY TAKEAWAY

This property is $402.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017466

Listing Office:

  • Office Name: Keller Williams Park Views
  • Listing Agent: Eyal Levy

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2021Home Sold
$155,000
Jul 26, 2017Home Sold
$18,000
Jun 01, 2005Home Sold
$335,000

Tax History

YEARPROP. TAXASSESSMENT
2020$523$18,600
2019$686$18,600
2018$662$18,600
2017$662$18,600

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-527528
5
/10
  • Dionne Warwick Institute

  • 120 Central Ave

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-527529
2
/10
  • Grove Street Elementary School

  • 602 Grove St

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-527530
2
/10
  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.79 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,063. Most Newark, NJ residents have annual incomes between $35k-100k. The majority of 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 3-5 Ferdinand St

What is the listing price of this property?

The listing price of 3-5 Ferdinand St property is $799,000.

What type of property is this?

The property 3-5 Ferdinand St is land located in Newark, New Jersey, 07103.

Is this property for sale now?

Active Listing: 3-5 Ferdinand St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $523 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2021 for $155,000. (source: MLS/tax record).
Rocket Homes logo

Interested in 3-5 Ferdinand St? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesNew JerseyEssex CountyNewark071033-5 Ferdinand St

This home is located at 3-5 Ferdinand St in Newark, NJ and zip code 07103 in the West Ward neighborhood. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $799,000.

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Newark, NJ increased by 25.4% between September 2024 and October 2024. In October 2024 median list price was $396,125 and the average listing age was 75 days.

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

More Resources