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40 Pierce St, Newark City, NJ, 07103

$599,000

Home List Price

$7,113*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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40 Pierce St, Newark$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width
Year Built2004
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #3935361
Lot Size0.05 Acres
StatusActive

About 40 Pierce St

Located at 40 Pierce St in Newark, this spacious two-story renovated multi-family home offers a unique opportunity for investors and homeowners seeking a versatile living space. The property features a well-maintained layout with five generously sized bedrooms and three full bathrooms, providing ample room for residents or potential rental income. The first floor includes an inviting living area with plenty of natural light, a large eat-in kitchen, and convenient access to a cozy backyard, perfect for outdoor gatherings. The second floor is designed for privacy and comfort, featuring additional bedrooms and bathrooms that give bigger space. With its prime location in a vibrant neighborhood, close to schools, shopping, and public transportation, this home presents a rare chance to enjoy the convenience of city living while offering a flexible floor plan that suits various needs.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 2004

Listing Office:

  • Office Name: KELLER WILLIAMS MID-TOWN DIRECT
  • Office Phone: (347) 470-6144

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: 1 Car Width

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On Pierce Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
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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

40 Pierce St vs Newark

1 DAY ON ROCKET

-74 Days

$599,000

+$202.8K More

KEY TAKEAWAY

This property is $202.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3935361

Listing Office:

  • Office Name: KELLER WILLIAMS MID-TOWN DIRECT
  • Office Phone: (347) 470-6144

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: 11/22/2024, 12:20:46 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

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-605176
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.44 miles

  • Public District Grades PK-6

school-card-donut-605177
2
/10

  • Grove Street Elementary School

  • 602 Grove St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-605178
3
/10

  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 0.61 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 $77,534. The majority of Newark, NJ residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›40 Pierce St

This home is located at 40 Pierce St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This home, which was built in 2004, sits on a 0.05 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $599,000.

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. 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.

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