3 months on rocket

Sale Pending

466 Avon Ave, Newark City, NJ, 07108

$699,900

Home List Price

$8,311*

Closing Credit

9 Bedrooms
5 Full Baths
Multi

Location

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466 Avon Ave, Newark$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1952
HeatingForced Air, Natural Gas
CoolingOther
BasementYes
MLS #3917937
Lot Size0.06 Acres
StatusSale Pending
(Under Contract)

About 466 Avon Ave

Ladies and gentlemen, let me take you on a journey through a property that's more than just a house it's a statement. Nestled in Newark stands a magnificent three-unit home that is the epitome of modern luxury and timeless elegance. This is not just any property; it is a turn-key opportunity for savvy investors or homeowners who are looking to make a smart move and offset their mortgage while living in style. Each of the three spacious units offers three bedrooms, providing ample room for owners or tenants to enjoy. The real showstoppers here are the two units that feature master suites each designed with a touch of class that makes every day feel like a retreat. We're talking about beautifully designed kitchens and baths that showcase quality finishes and thoughtful design. Now, imagine stepping into a home where every inch has been meticulously updated to better-than-new condition. The layouts are bright and airy, with high ceilings that create an expansive feel and let in an abundance of natural light. This isn't just a place to live; it's a place to thrive, where every detail has been considered to ensure comfort and style. Whether you're an investor looking to add a prime property to your portfolio or a homeowner who wants to live in one unit while letting the others help cover the mortgage, this property is the perfect fit. Don't miss out on this extraordinary opportunity to own a piece of Newark that truly stands out.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story, Triplex
  • Year Built: 1952

Listing Office:

  • Office Name: VYLLA HOME
  • Office Phone: (856) 206-0413

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Sidewalk

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: Springfield Ave to Avon Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
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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

466 Avon Ave vs Newark

93 DAYS ON ROCKET

+18 Days

$699,900

+$303.7K More

KEY TAKEAWAY

This property is $303.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3917937

Listing Office:

  • Office Name: VYLLA HOME
  • Office Phone: (856) 206-0413

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: 11/10/2024, 4:20:47 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

$3,561

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-837060
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-837061
3
/10

  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-837062
2
/10

  • Grove Street Elementary School

  • 602 Grove St

  • 0.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,391. Typical income of Newark, NJ residents is less than $35k annually. The most common type of family is single, no 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›07108›466 Avon Ave

This home is located at 466 Avon Ave in Newark City, NJ and zip code 07108 in the South Ward neighborhood. This home, which was built in 1952, sits on a 0.06 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $699,900.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

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

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