21 days on rocket

392 Leslie St, Newark City, NJ, 07112

$820,000

Home List Price

$9,738*

Closing Credit

8 Bedrooms
4 Full Baths
Multi

Location

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392 Leslie St, Newark$820,000

Buyer Closing Credits

$9,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingBlacktop
Year Built1932
HeatingForced Air, Electric
CoolingCentral Air
BasementYes
MLS #3938189
Lot Size0.11 Acres
StatusActive

About 392 Leslie St

Weequahic fourplex (4 family) on Leslie St, Newark, NJ-Will not last on the market, paying tenants are month to month,Located in Weequahic Section of Newark, NJ. 4 blocks from Route 78 and half block away from 4 bus stops on Chancellor Avenue. Minutes away from several shopping centers. Minutes away from the largest and busiest bus terminals, IRVINGTON, NJ, 07111. Welcome to 392-394 Leslie St, Newark, NJ, 07112. Will not last on the market. This properties has a generous rent roll per month. All tenants are paying and month to month. Property is fully renovated since 2021, central air and forced hot air. Full Basement and plenty parking on site. All units are large, 2 bedrooms. This can be for a investor or owner occupant. All tenants are paying and month to month. The building is fully renovated a 4plex, usually designed to house four units under one roof. In a standard 4plex, each residence has its own entrance, kitchen, and bathroom, but there is often a common building entrance. A 4plex can generate the same rental income as four separate rental properties while also allowing the owner to deduct the cost of their mortgage. 4plexes are frequently purchased as investment properties and many times the owner will choose to occupy one unit and rent out the remaining three.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1932

Listing Office:

  • Office Name: BHGRE ELITE
  • Office Phone: (908) 316-8530

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Blacktop

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 392-394 Leslie St, Newark, NJ, 07112

Price Information

Listing Price Info

Price Summary:

  • List Price: $820,000
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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

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

392 Leslie St vs Newark

21 DAYS ON ROCKET

-10 Days

$820,000

+$380K More

KEY TAKEAWAY

This property is $380K more than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #3938189

Listing Office:

  • Office Name: BHGRE ELITE
  • Office Phone: (908) 316-8530

Information deemed reliable but not guaranteed. Copyright © 2025 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: 1/7/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,525

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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-782021
4
/10

  • George Washington School

  • 1530 Leslie St

  • 0.38 miles

  • Public District Grades 5-5

school-card-donut-782022
3
/10

  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-782023
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.99 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,674. Residents of Newark, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›392 Leslie St

This home is located at 392 Leslie St in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1932, sits on a 0.11 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $820,000.

Over 17 listings were sold over their listed price in December 2024 in Newark, NJ. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Newark, NJ between November 2024 and December 2024 increased by 10.8%. While the average time on the market in December 2024 was 31 days, the median list price was $440,000.

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

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