10 days on rocket

489 15th Ave, Newark City, NJ, 07103

$699,000

Home List Price

$8,301*

Closing Credit

6 Bedrooms
3 Full Baths, 2 Partial
Multi

Location

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489 15th Ave, Newark$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, None
Year Built1930
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3937169
Lot Size0.05 Acres
StatusActive

About 489 15th Ave

Investor's Dream! Unique mixed-use property offering two buildings for the price of one! The first building features two spacious three-bedroom, one-bathroom apartments. The finished basement includes an additional full bathroom. The commercial unit on the first floor, previously used as a beauty salon and barbershop, comes with a half-bathroom. The second building, located behind the first, is perfect for use as an event space and includes a kitchen. Conveniently located near Newark Penn Station, public transportation, and local shops. Don't miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1930

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (917) 300-9843

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Smoke Detector

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: GPS To South 15th

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
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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

489 15th Ave vs Newark

10 DAYS ON ROCKET

-4 Days

$699,000

+$299K More

KEY TAKEAWAY

This property is $299K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3937169

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (917) 300-9843

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: 12/18/2024, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,556

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-4403437
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.18 miles

  • Public District Grades PK-6

school-card-donut-4403438
5
/10

  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.65 miles

  • Public District Grades PK-1

school-card-donut-4403439
2
/10

  • Grove Street Elementary School

  • 602 Grove St

  • 0.66 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 $51,978. Typical income of Newark, NJ residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›489 15th Ave

This home is located at 489 15th Ave in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This home, which was built in 1930, sits on a 0.05 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $699,000.

While more than 22 listings in Newark, NJ in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The number of listings in Newark, NJ increased by 13.5% between October 2024 and November 2024. In November 2024 median list price was $400,000 and the average listing age was 14 days.

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

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