9 days on rocket

337 S 19th St Unit 3, Newark City, NJ, 07103

$450,000

Home List Price

$5,344*

Closing Credit

8 Bedrooms
3 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

337 S 19th St Unit 3, Newark$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, On-Street Parking
Year Built1900
HeatingOther, Natural Gas
CoolingNone
BasementYes
MLS #3931361
Lot Size0.06 Acres
StatusActive

About 337 S 19th St Unit 3

Newark legal three-family home with 2/3/3-bed, a spacious basement, and low taxes offers significant investment potential. First-floor unit includes an option to add an additional room facing the front of the home. The property, sold without parking, does not include the rear lot on the left hand side. Full renovation, estimated at $200-250K depending on scope, allows for customization with an opportunity to add 2 bathrooms per unit and an additional one in the basement, creating a new-build construction appeal. Second-floor unit has the option to add 4 bedrooms, walk-in closet, or bathroom toward the front, maximizing the layout.Projected rental income ranges from $2,000 to $2,500 per unit. Located in the 07103 zip code, this property sits close to Rutgers and NJIT campuses, downtown Newark, and major transit routes, including links to NYC, I-78, Garden State Parkway, US-22, and Newark Airport. This makes it an ideal cash-flow property for investors or an opportunity for homeowners to build equity while tenants cover the mortgage.This property is sold "AS IS and requires cash, conventional, hard money, or FHA 203k renovation loan financing. A temporary Certificate of Occupancy has been obtained. Daytime viewings only are recommended due to lack of electricity and use a flashlight, every buyer must sign hold harmless agreement before entry due to the property's current condition. Don't miss out on this exceptional investment opportunity in a prime Newark location.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1900

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (973) 441-6350

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Enclosed Porch(es), Metal Fence

Parking Information:

  • Parking: On-Street Parking, On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: I- 280 W to 337 S19th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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

337 S 19th St Unit 3 vs Newark

9 DAYS ON ROCKET

-66 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: #3931361

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (973) 441-6350

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, 9:20:47 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

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.

High School

school-card-donut-1986537
1
/10
  • Central High School

  • 250 18th Ave

  • 1.37 miles

  • Public District Grades 9-12

school-card-donut-1986538
1
/10
  • Barringer High School

  • 90 Parker St

  • 1.60 miles

  • Public District Grades 9-12

school-card-donut-1986539
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 2.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,141. Most Newark, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07103›337 S 19th St Unit 3

This home is located at 337 S 19th St Unit 3 in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This home, which was built in 1900, sits on a 0.06 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $450,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. 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