4 months on rocket

453-455 Washington St, Newark City, NJ, 07102

$949,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths
Multi

Location

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453-455 Washington St, Newark$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete Strip, Attached Garage
Attached Garage2 spaces
Year Built9999
HeatingNatural Gas
MLS #3912049
Lot Size0.10 Acres
StatusActive

About 453-455 Washington St

Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal.Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from Newark Liberty International Airport. Benefit from Newark's rapid transformation with new businesses, cultural spots, and infrastructure projects revitalizing the area.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 9999

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (973) 583-0149

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Concrete Strip, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: W Kinney to Washington St. Please use google maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
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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

453-455 Washington St vs Newark

137 DAYS ON ROCKET

+62 Days

$949,000

+$552.8K More

KEY TAKEAWAY

This property is $552.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3912049

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (973) 583-0149

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, 10:20:50 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

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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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-749259
4
/10

  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 0.41 miles

  • Public Charter Grades PK-4

school-card-donut-749260
1
/10

  • East Ward Elementary School

  • 104 Oliver St

  • 0.68 miles

  • Public District Grades PK-3

school-card-donut-749261
5
/10

  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.87 miles

  • Public District Grades PK-1

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,166. Most Newark, NJ residents have annual incomes less than $35k. Residents typically live in single, no kids family. 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›07102›453-455 Washington St

This home is located at 453-455 Washington St in Newark City, NJ and zip code 07102 in the Central Ward neighborhood. This home, which was built in 9999, sits on a 0.10 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $949,000.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. The number of listings in Newark, NJ increased by 25.4% between September 2024 and October 2024. In October 2024 median list price was $396,125 and the average listing age was 75 days.

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

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