new - 3 days on rocket

415 Central Ave, Newark, NJ, 07107

$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, Newark$1,489,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #24039001
StatusActive

About 415 Central Ave

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

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (201) 559-5770
  • Listing Agent: Oscar Nunez-Paz

Interior Features

Bedroom and Bathroom Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,489,000

Tax Information:

  • Annual Amount: $9,464
  • Tax Year: 2020
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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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

415 Central Ave vs Newark

3 DAYS ON ROCKET

-11 Days

$1,489,000

+$1.0M More

KEY TAKEAWAY

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

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24039001

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (201) 559-5770
  • Listing Agent: Oscar Nunez-Paz

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

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, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 24, 2013Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,464$368,600
2019$13,612$368,600
2018$13,122$368,600
2017$13,122$368,600

History based on county public records data.

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-4337216
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.51 miles

  • Public Charter Grades KG-4

school-card-donut-4337217
5
/10

  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.68 miles

  • Public District Grades PK-1

school-card-donut-4337218
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.93 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 $29,839. Most Newark, NJ residents have annual incomes less than $35k. The most common type of family is single, with 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›07107›415 Central Ave

This home is located at 415 Central Ave in Newark, NJ and zip code 07107 in the West Ward neighborhood. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $1,489,000.

Over 22 listings were sold over their listed price in November 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 2024. In November 2024 median list price was $400,000 and the average listing age was 14 days.

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

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