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
Office Phone: (201) 939-0050
Listing Agent: Eyal Levy
Exterior Features
Exterior Information:
Waterfront: None
Price Information
Listing Price Info
Price Summary:
List Price: $799,000
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.
This property is $399K 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
Office Phone: (201) 939-0050
Listing Agent: Eyal Levy
Disclaimer: 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.
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: 12/22/2024, 1:21:09 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.
$4,055
Per Month
Principal & Interest
$3,988
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
$2,462
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
5
/10
Dionne Warwick Institute
120 Central Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-5
2
/10
Grove Street Elementary School
602 Grove St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
2
/10
Harriet Tubman Elementary School
504 S 10th St
Distance between this listing and this school0.79 miles
Public District Grades PK-6
Nearby Schools
3
/10
Speedway Avenue School
701 South Orange Avenue
Distance between this listing and this school0.37 miles
Public District Grades PK-8
1
/10
Thirteenth Avenue Elementary School
359 13th Ave
Distance between this listing and this school0.59 miles
Public District Grades PK-8
5
/10
South Seventeenth Street Elementary School
619 S 17th St
Distance between this listing and this school0.72 miles
Public District Grades KG-8
Nearby Schools
1
/10
West Side High School
403 S Orange Ave
Distance between this listing and this school0.35 miles
Public District Grades 9-12
6
/10
Essex County Donald M. Payne Sr. School of Technology
498-544 W Market St
Distance between this listing and this school0.89 miles
Public District Grades 9-12
1
/10
Lead Charter School
201 Bergen St
Distance between this listing and this school0.91 miles
The neighbors living near this home have an average income of $64,063. Typical income of Newark, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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.
Is this property for sale now?
Active Listing: 3-5 Ferdinand St is For Sale (Active/New) which means the seller is accepting offers.
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.
This home is located at 3-5 Ferdinand St in , 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.
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. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. Listings spent 14 days on the market in November 2024, and had a median list price of $400,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Foot Locker
Burlington
Ross Dress For Less
Little Caesars
White Castle
Jack In The Box
Dodge
Kia
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits