5 months on rocket

453-455 Washington St, Newark, 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
Garage2 spaces
MLS #24021773
StatusActive
(Active Attorney Review)

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

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Carlie Carreira

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000

Tax Information:

  • Annual Amount: $5,482
  • Tax Year: 2018
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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

453-455 Washington St vs Newark

168 DAYS ON ROCKET

+154 Days

$949,000

+$549K More

KEY TAKEAWAY

This property is $549K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021773

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Carlie Carreira

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: 12/24/2024, 12:21:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2018Home Sold
$570,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $472,400
2019 - $472,400
2018$5,482$111,000
2017$5,482$154,000

History based on county public records data.

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-1361252
4
/10
  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 0.41 miles

  • Public Charter Grades PK-4

school-card-donut-1361253
1
/10
  • East Ward Elementary School

  • 104 Oliver St

  • 0.68 miles

  • Public District Grades PK-3

school-card-donut-1361254
5
/10
  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.87 miles

  • Public District Grades PK-1

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,166. The most common annual income of people living in Newark, NJ is 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, NJ and zip code 07102 in the Central Ward neighborhood. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $949,000.

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. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 2024. 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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