12 days on rocket

511 N 6th St, Newark City, NJ, 07107

$475,000

Home List Price

$5,641*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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511 N 6th St, Newark$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, On-Street Parking
Year Built1920
HeatingMulti Unit(s)
BasementYes
MLS #3930667
Lot Size0.06 Acres
StatusActive

About 511 N 6th St

Fantastic opportunity in Newark, NJ! This two-family home, built in the 1920s, combines classic charm with modern updates. The second-floor apartment has been tastefully renovated with newer hardwood floors, cabinets, sheetrock, and appliances, offering a fresh and inviting space. The exterior features newer siding and a sizable, private, fenced-in backyard perfect for outdoor gatherings or relaxation. The full unfinished basement provides ample storage or potential for additional living space. Separate heating systems (oil and gas). 2nd floor is on the oil above-ground tank in the basement and 1st floor is on natural gas. Ideal for investors or owner-occupiers who want a home that needs TLC. This property is a versatile option with great potential! On-street parking only. The best offer will be considered. The buyer must be willing to close with a temporary certificate of occupancy.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1920

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (973) 715-6210

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: Yes
  • Interior: Smoke Detector, Walk-In Closet, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Curbs, Privacy Fence, Sidewalk, Storm Door(s)

Parking Information:

  • Parking: None, On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s)

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • First Avenue Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Bloomfield Ave to 1st ave to N. 6th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
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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

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

511 N 6th St vs Newark

12 DAYS ON ROCKET

-63 Days

$475,000

+$78.8K More

KEY TAKEAWAY

This property is $78.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3930667

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (973) 715-6210

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: 11/5/2024, 12:55:46 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.

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$2,438

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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.

Elementary School

school-card-donut-1842114
4
/10

  • First Avenue Elementary School

  • 214 1st Ave W

  • 0.11 miles

  • Public District Grades PK-8

High School

school-card-donut-1842115
1
/10

  • Barringer High School

  • 90 Parker St

  • 0.77 miles

  • Public District Grades 9-12

school-card-donut-1842116
8
/10

  • Technology High School

  • 223 Broadway

  • 0.95 miles

  • Public District Grades 9-12

school-card-donut-1842117
1
/10

  • Central High School

  • 250 18th Ave

  • 2.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,081. Typical income of Newark, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07107›511 N 6th St

This home is located at 511 N 6th St in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home, which was built in 1920, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $475,000.

In October 2024 more than 24 listings in Newark, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while 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 median list price was $396,125 and the average listing age was 75 days.

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

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