This is a commuter’s dream, conveniently located at the corner of Downing St and Monroe Street in the Sought-After Ironbound section of Newark, a few short blocks from Newark Penn Station. with “EASY NYC COMMUTE,” where a 20-minute train ride will have you in NYC! Everything just steps from your door. Local Restaurants & Ferry Shopping Stores / Nightlife, and recreation options await you in this vibrant and bustling neighborhood. This one-of-a-kind exceptional four-family home. offers an Open-concept floor plan bright and spacious with "lots of natural sunlight each apartment consists of a sizable kitchen Living and Dining Room two bedrooms, and two full baths. Additional features are hardwood floors throughout the apartments, a laundry room, a Bonus Room with A full bath behind the Garage, a Sprinkler System, Central HVAC, Six Car garages with automatic openers, plus an extra parking space Brick Front, Six balconies
Property Details
Property Features
Listing Office:
Office Name: Weichert Home City Realty
Office Phone: (973) 420-5317
Listing Agent: Augusto Verissimo
Interior Features
Interior Information:
Basement: No
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 9
Total Bedroom Count: 8
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Brick, Vinyl, Sprinklers
Parking Information:
Attached Garage: Yes
Parking: Attached
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $1,319,900
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 $923.7K more than the Median Sold Price in Newark, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #24035076
Listing Office:
Office Name: Weichert Home City Realty
Office Phone: (973) 420-5317
Listing Agent: Augusto Verissimo
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: 11/22/2024, 7:20:50 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,655
Per Month
Principal & Interest
$6,588
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
$4,024
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
1
/10
East Ward Elementary School
104 Oliver St
Distance between this listing and this school0.64 miles
Public District Grades PK-3
5
/10
Hamilton Intermediate School
223 Hamilton St
Distance between this listing and this school1.20 miles
Public District Grades 4-5
4
/10
Newark Educators Community Charter School
9-11 Hill St
Distance between this listing and this school1.21 miles
Public Charter Grades PK-4
Nearby Schools
6
/10
Wilson Avenue Elementary School
19 Wilson Ave
Distance between this listing and this school0.23 miles
Public District Grades PK-8
6
/10
Lafayette Street Elementary School
205 Lafayette St
Distance between this listing and this school0.33 miles
Public District Grades PK-8
5
/10
Ann Street Elementary School
30 Ann St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
Nearby Schools
2
/10
East Side High School
238 Van Buren St
Distance between this listing and this school0.43 miles
Public District Grades 9-12
4
/10
Great Oaks Legacy Charter School
909 Broad St
Distance between this listing and this school0.92 miles
Public Charter Grades PK-12
6
/10
North Star Academy Charter School
10 Washington Pl
Distance between this listing and this school1.13 miles
The neighbors living near this home have an average income of $47,720. Typical income of Newark, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 33-39 Downing St in Newark, NJ and zip code 07105 in the East Ward neighborhood. Features: 8 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,319,900.
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. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.
From Rocket Homes Real Estate and based on county public records data.