3 months on rocket

422 Jelliff Ave, Newark City, NJ, 07112

$480,000

Home List Price

$5,700*

Closing Credit

6 Bedrooms
4 Full Baths
Multi

Location

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422 Jelliff Ave, Newark$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingHot Water, Natural Gas
CoolingNone
BasementYes
MLS #3916101
Lot Size0.06 Acres
StatusActive

About 422 Jelliff Ave

Discover this beautifully renovated 2-family home featuring two spacious 3-bedroom units, each with a modern living room, bathroom, and kitchen. Both apartments are currently occupied, providing immediate rental income with an option to obtain possession. The basement offers potential for additional storage or future customization. Don't miss out on this prime opportunity

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1920

Listing Office:

  • Office Name: LONE EAGLE MANAGEMENT
  • Office Phone: (973) 377-7377

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Off of Hawthorne Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
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Housing Market Comparison

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

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

422 Jelliff Ave vs Newark

116 DAYS ON ROCKET

+102 Days

$480,000

+$80K More

KEY TAKEAWAY

This property is $80K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3916101

Listing Office:

  • Office Name: LONE EAGLE MANAGEMENT
  • Office Phone: (973) 377-7377

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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: 12/4/2024, 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

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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-3801297
4
/10
  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-3801298
2
/10
  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 1.42 miles

  • Public District Grades PK-6

school-card-donut-3801299
4
/10
  • George Washington School

  • 1530 Leslie St

  • 1.56 miles

  • Public District Grades 5-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,841. The most common annual income of people living in Newark, NJ is less than $35k. The most common type of family is single, with kids. 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›Newark›07112›422 Jelliff Ave

This home is located at 422 Jelliff Ave in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1920, sits on a 0.06 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $480,000.

In November 2024, from all listings sold in Newark, NJ there were more than 22 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Newark, NJ between October 2024 and November 2024 increased by 13.5%. 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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