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47 Palm St, Newark, NJ, 07106

$435,000

Home List Price

$5,166*

Closing Credit

3 Bedrooms
3 Full Baths
House

Location

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47 Palm St, Newark$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
HeatingNatural Gas, Radiant
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
ViewNone
MLS #25000800
StatusActive

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: Colonial

Listing Office:

  • Office Name: RE/MAX First Realty II
  • Office Phone: (908) 664-1500
  • Listing Agent: Christine Austin

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000

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

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

47 Palm St vs Newark

1 DAY ON ROCKET

-30 Days

$435,000

-$5K Less

KEY TAKEAWAY

This property is $5K less than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #25000800

Listing Office:

  • Office Name: RE/MAX First Realty II
  • Office Phone: (908) 664-1500
  • 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© 2025 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: 1/8/2025, 10:21:10 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

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

$2,239

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

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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-1423950
2
/10

  • Benjamin Banneker Academy

  • 500 S Clinton St

  • 0.34 miles

  • Public District Grades PK-6

school-card-donut-1423951
6
/10

  • Langston Hughes Elementary School

  • 160 Rhode Island Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-1423952
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 most common annual income of people living in Newark, NJ is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area 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 $435,000.

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 January 07, 2025 and is currently priced at $435,000.

Over 17 listings were sold over their listed price in December 2024 in Newark, NJ. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Newark, NJ increased by 10.8% between November 2024 and December 2024. In December 2024 median list price was $440,000 and the average listing age was 31 days.

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

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