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520 Parker St, Newark City, NJ, 07104

$950,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
6 Full Baths, 1 Partial
House

Location

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520 Parker St, Newark$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway-Exclusive, Detached Garage
Garage2 spaces
Year Built1927
HeatingMulti Unit(s), Zoned, None
CoolingCentral Air
BasementYes
FireplaceNon-Functional
MLS #3930528
Lot Size0.25 Acres
StatusActive

About 520 Parker St

Discover the epitome of luxury at 520-526 Parker Street, nestled in the prestigious Forest Hills neighborhood of Newark, NJ. This magnificent home, newly renovated in 2023, seamlessly blends modern elegance with classic charm, offering over 5,000 sq ft of living space.Step inside to find a stunning eat-in kitchen featuring an 8 ft island, a butler's pantry, and views overlooking the spacious backyard. The backyard is perfect for entertaining, boasting a large deck for gatherings and relaxation.This expansive home offers 7 bedrooms and 7 bathrooms, with each second-floor bedroom enjoying its own private bathroom. The finished basement, complete with a full bathroom and a laundry room, provides additional living space for recreation or a home gym.The first floor is designed for comfort and style, with a large living room, a separate dining room, a cozy family room, and a convenient half-bathroom. The third floor includes 3 more bedrooms and a versatile bonus room, ideal for an office or playroom.Situated on a double lot, this property includes a 2-car garage, providing ample parking and storage. Every detail of this home has been carefully curated to offer the ultimate living experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1927

Listing Office:

  • Office Name: STAR REAL ESTATE AGENCY
  • Office Phone: (201) 997-7900

Interior Features

Interior Information:

  • Appliances: Dishwasher, Instant Hot Water, Gas Range, Gas Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Vinyl-Linoleum
  • Interior: Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet
  • Fireplace: Non-Functional

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway-Exclusive, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Zoned, None
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn right onto Lake St and head SE Turn left onto Clifton Ave and continue NE Turn right onto Park AVE and continue E Turn right onto Parker St

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
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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

520 Parker St vs Newark

43 DAYS ON ROCKET

+29 Days

$950,000

+$550K More

KEY TAKEAWAY

This property is $550K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3930528

Listing Office:

  • Office Name: STAR REAL ESTATE AGENCY
  • Office Phone: (201) 997-7900

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: 12/4/2024, 1:20:46 PM 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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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-27215
3
/10

  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.58 miles

  • Public District Grades PK-4

school-card-donut-27216
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.74 miles

  • Public District Grades PK-4

school-card-donut-27217
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.81 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,758. Residents of Newark, NJ typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 520 Parker St

What is the listing price of this property?

The listing price of 520 Parker St property is $950,000.

What type of property is this?

The property 520 Parker St is a house located in Newark City, New Jersey, 07104.

Is this property for sale now?

Active Listing: 520 Parker St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 520 Parker St has 7 bedrooms and 6 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 520 Parker St is 1927.

Rocket Homes›New Jersey›Essex County›Newark›07104›520 Parker St

This home is located at 520 Parker St in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1927, sits on a 0.25 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $950,000.

Over 22 listings were sold over their listed price in November 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Newark, NJ increased by 13.5% between October 2024 and November 2024. 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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