4 months on rocket

47 Palm St, Newark, NJ, 07106

$429,900

Home List Price

$5,105*

Closing Credit

3 Bedrooms
3 Full Baths
House

Location

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47 Palm St, Newark$429,900

Buyer Closing Credits

$5,105*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
HeatingNatural Gas
CoolingNone
BasementYes
WaterfrontNone
Fireplace1 Fireplace
ViewNone
MLS #24020464
StatusActive
(ACTIVE)

About 47 Palm St

This home is situated in a quintessential tree lined street in the heart of the desirable Vailsburg section. Walking in through the enclosed sunporch you are welcomed by a large and inviting living room with a fireplace. The first floor has an open concept featuring a kitchen, dining room, and living room. The tastefully renovated kitchen features newer countertops, new cabinets, recessed lighting, stainless steel appliances, tiled backsplash and more. The second floor features the main bathroom, the primary bedroom that has its own bathroom, and the second bedroom. On the third floor you will find the third bedroom. The fully finished basement provides versatile space and features another full bathroom. Close to transportation, parks, and NYC. This is a must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX First Realty II
  • Listing Agent: Christine Austin

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Aluminum, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,900

Tax Information:

  • Annual Amount: $3,085
  • 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

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

47 Palm St vs Newark

148 DAYS ON ROCKET

+73 Days

$429,900

+$33.7K More

KEY TAKEAWAY

This property is $33.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24020464

Listing Office:

  • Office Name: RE/MAX First Realty II
  • Listing Agent: Christine Austin

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: 11/23/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 2020Home Sold
$90,000
Dec 18, 2014Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,085$109,600
2019$4,047$109,600
2018$3,902$109,600
2017$3,902$109,600

History based on county public records data.

Payment Calculator

$2,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,355

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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-774415
2
/10

  • Benjamin Banneker Academy

  • 500 S Clinton St

  • 0.34 miles

  • Public District Grades PK-6

school-card-donut-774416
6
/10

  • Langston Hughes Elementary School

  • 160 Rhode Island Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-774417
2
/10

  • Ecole Toussaint Louverture

  • 330 Central Ave

  • 0.98 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 $32,734. The majority of Newark, NJ residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 47 Palm St

What is the listing price of this property?

The listing price of 47 Palm St property is $429,900.

What type of property is this?

The property 47 Palm St is a house located in Newark, New Jersey, 07106.

Is this property for sale now?

Active Listing: 47 Palm St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,085 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 3, 2020 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 47 Palm St has 3 bedrooms and 3 bathrooms.

Rocket Homes›New Jersey›Essex County›Newark›07106›47 Palm St

This home is located at 47 Palm St in Newark, NJ and zip code 07106 in the West Ward neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $429,900.

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. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. In October 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,125.

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

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