new - 2 days on rocket

415 Central Ave, Newark City, NJ, 07018

$1,489,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths, 2 Partial
Multi

Location

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415 Central Ave, East Orange$1,489,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #3938068
Lot Size0.07 Acres
StatusActive

About 415 Central Ave

MIXED USED WITH MASSIVE COMMERCIAL SPACE - This mixed used previous lounge property offers unparalleled convenience, situated just minutes from the University District, Rutgers University, NJIT, and a renowned hospital. Meticulously maintained by the owner, the building features two beautifully renovated apartments, each offering 4 bedrooms, 2 full bathrooms, central air conditioning, and hot forced air for modern comfort. The former lounge boasts approximately 3,000 sqft!!!! of versatile commercial space, complete with two bar areas. It's a blank canvas ready to be customized for the next lucky entrepreneur or transformed into a thriving new business venture. Don't miss out on this incredible opportunity in a highly sought-after location!

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (201) 519-4739

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: On corner of central avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,489,000
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Housing Market Comparison

See how this home compares to others in East Orange, NJ.

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East Orange, NJ

City

Med. Sold Price

$437K

Med. Price/SqFt

$152

Avg. Days On Market

46

# of Sold Homes

20

415 Central Ave vs East Orange

2 DAYS ON ROCKET

-44 Days

$1,489,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in East Orange, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3938068

Listing Office:

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office Phone: (201) 519-4739

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: 12/18/2024, 12:55:49 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

$7,499

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,531

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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-4332588
2
/10

  • Ecole Toussaint Louverture

  • 330 Central Ave

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-4332589
6
/10

  • Langston Hughes Elementary School

  • 160 Rhode Island Ave

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-4332590
2
/10

  • Cicely L. Tyson Community Elementary School

  • 45 N Arlington Ave

  • 0.58 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 $42,895. The majority of East Orange, NJ residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›East Orange›07018›415 Central Ave

This home is located at 415 Central Ave in Newark City, NJ and zip code 07018. This home sits on a 0.07 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 15, 2024 and is currently priced at $1,489,000.

In November 2024 more than 14 listings in East Orange, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The number of listings in East Orange, NJ increased by 8.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 46 days, the median list price was $437,000.

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

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