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347 3rd Ave, Newark City, NJ, 07107

$935,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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347 3rd Ave, Newark$935,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, Built-In Garage
Garage2 spaces
Year BuiltNew Const., 2025
HeatingForced Air, Natural Gas
CoolingMulti Unit(s), Central Air
MLS #3934950
Lot Size0.06 Acres
StatusActive

About 347 3rd Ave

Under Construction 2 units. 1st floor garage , recreation room, 1/2 bath , utility room , interior connection to apartment #1 with 3 bedrooms living room, dining room, kitchen and 2 full baths separate utilities.ac/heat , laundry hook ups, 10 year HOW property qualifies for 5 year tax abetment

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 2025

Listing Office:

  • Office Name: EXIT REALTY LUCKY ASSOCIATES
  • Office Phone: (908) 289-7746

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave
  • Basement: No
  • Interior: Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 1 Car Width, Built-In Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Multi Unit(s), Central Air

Other

Directions Information:

  • Directions: North 4th to 3rd av west

Price Information

Listing Price Info

Price Summary:

  • List Price: $935,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

347 3rd Ave vs Newark

1 DAY ON ROCKET

-74 Days

$935,000

+$538.8K More

KEY TAKEAWAY

This property is $538.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3934950

Listing Office:

  • Office Name: EXIT REALTY LUCKY ASSOCIATES
  • Office Phone: (908) 289-7746

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: 11/21/2024, 12:55:46 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

$4,734

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,870

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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-176829
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.39 miles

  • Public District Grades PK-6

school-card-donut-176830
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.74 miles

  • Public District Grades PK-4

school-card-donut-176831
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.75 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,736. Typical income of Newark, NJ residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07107›347 3rd Ave

This home is located at 347 3rd Ave in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home, which was built in 2025, sits on a 0.06 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $935,000.

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. 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, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,125.

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

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