20 days on rocket

430 N 7th St, Newark, NJ, 07107

$675,000

Home List Price

$8,016*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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430 N 7th St, Newark$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Garage1 space
MLS #24037687
StatusActive
(Active Attorney Review)

About 430 N 7th St

Discover the perfect blend of modern living and timeless charm in this beautifully renovated 2-family home located in the sought-after neighborhood of North Newark. Whether you're an investor or looking for a multi-generational home, this property offers incredible potential! Each unit boasts modern upgrades, including updated floors, stylish bathrooms, and spacious layouts. Step into your private paradise an entertainer's dream with lush greenery, perfect for summer BBQs, gatherings, or peaceful relaxation. Each unit features 2 bedrooms and 1 full bath. The 1st floor has an additional den can be converted into an additional bedroom. The finished basement features a summer kitchen, 2 rooms, 1 full bath and a living space. All utilities are separate. Tenants on a Month to Month lease. Property located just a few blocks from light rail train to Newark Penn Station. 1st Fl pics are before tenants moved in a year ago.

Property Details

Property Features

Listing Office:

  • Office Name: Realty Xpress Group LLC
  • Office Phone: (973) 200-7709
  • Listing Agent: Jamille M. Hernandez

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000

Tax Information:

  • Annual Amount: $4,149
  • 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

430 N 7th St vs Newark

20 DAYS ON ROCKET

+6 Days

$675,000

+$275K More

KEY TAKEAWAY

This property is $275K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24037687

Listing Office:

  • Office Name: Realty Xpress Group LLC
  • Office Phone: (973) 200-7709
  • Listing Agent: Jamille M. Hernandez

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, 8:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,149$147,400
2019$5,443$147,400
2018$5,247$147,400
2017$5,247$147,400

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-4452076
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.30 miles

  • Public District Grades PK-6

school-card-donut-4452077
3
/10

  • Shelia Y. Oliver Academy

  • 135 Glenwood Ave

  • 0.80 miles

  • Public District Grades PK-6

school-card-donut-4452078
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.82 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 $57,692. Most Newark, NJ residents have annual incomes between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07107›430 N 7th St

This home is located at 430 N 7th St in Newark, NJ and zip code 07107 in the North Ward neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $675,000.

In November 2024 more than 22 listings in Newark, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. Listings spent 14 days on the market in November 2024, and had a median list price of $400,000 during the same period.

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

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