new - 6 days on rocket

48 Cypress St, Newark, NJ, 07108

$925,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Full Baths
Multi

Location

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48 Cypress St, Newark$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage2 spaces
MLS #24038751
StatusActive

About 48 Cypress St

Welcome to this large 3 family home located in a quiet street. Close to major highways, shopping centers and hospitals. 2 car garage inside and 2 outside parking. All separate utilities, force hot air and central air conditioner.

Property Details

Property Features

Listing Office:

  • Office Name: Realty One Group Lifestyle Homes
  • Office Phone: (908) 291-1300
  • Listing Agent: Gee Kay Cheung

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
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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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

48 Cypress St vs Newark

6 DAYS ON ROCKET

-8 Days

$925,000

+$525K More

KEY TAKEAWAY

This property is $525K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24038751

Listing Office:

  • Office Name: Realty One Group Lifestyle Homes
  • Office Phone: (908) 291-1300
  • Listing Agent: Gee Kay Cheung

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: 12/18/2024, 2:21:02 AM 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

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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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-4330501
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-4330502
3
/10

  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-4330503
3
/10

  • Burch Charter School of Excellence

  • 100 Linden Ave

  • 0.78 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,932. The majority of Newark, NJ residents have income 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 post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07108›48 Cypress St

This home is located at 48 Cypress St in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $925,000.

Newark, NJ housing market in November 2024 saw over 22 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. In November 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $400,000.

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

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