10 days on rocket

525 Parker St, Newark City, NJ, 07104

$875,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
House

Location

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525 Parker St, Newark$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Car Width, Blacktop, Detached Garage
Garage2 spaces
Year Built1912
HeatingNatural Gas
BasementYes
FireplaceLiving Room, See Remarks, Wood Burning, Wood Stove-Freestanding
MLS #3932555
Lot Size0.14 Acres
StatusActive

About 525 Parker St

This stunning historic brick Colonial in Forest Hill, Newark, captures timeless elegance with its classic architecture and spacious rooms. The 6-bedroom home features beautifully preserved hardwood floors and intricate woodwork, all thoughtfully maintained to honor its rich history. The main level includes a grand living room with a stately wood-burning fireplace -- a warm, inviting space ideal for gatherings. The kitchen, with a center island, provides ample room for both culinary adventures and social moments, while updated bathrooms add modern flair. A highlight of the property is the solarium, complete with a wood-burning stove that brings warmth year-round, creating a cozy retreat for quiet mornings or evenings. The sizable bedrooms on the 2nd and 3rd floors offer versatility, with a huge walk-in closet on the 3rd floor providing ample room for a large wardrobe and storage. Forest Hill is known for its historic charm and tree-lined streets. With Branch Brook Park just a stone's throw away, residents can enjoy breathtaking cherry blossoms in spring and expansive green spaces year-round. The Branch Brook Park light rail station is also nearby, offering quick access to Newark Penn Station, with NJ Transit & PATH trains into Manhattan and beyond. Local buses provide additional convenience for commuting. This Forest Hill Colonial blends history, comfort, and a prime location, offering a lifestyle full of charm and community in one of Newark's most cherished neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1912

Listing Office:

  • Office Name: KELLER WILLIAMS SUBURBAN REALTY
  • Office Phone: (973) 819-9497

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Parquet-Some, Tile, Wood
  • Fireplace: Living Room, See Remarks, Wood Burning, Wood Stove-Freestanding

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Blacktop, Detached Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Lake St or Mt Prospect Ave to Parker St between Ballantine Pkwy and Delavan Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

525 Parker St vs Newark

10 DAYS ON ROCKET

-65 Days

$875,000

+$478.8K More

KEY TAKEAWAY

This property is $478.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3932555

Listing Office:

  • Office Name: KELLER WILLIAMS SUBURBAN REALTY
  • Office Phone: (973) 819-9497

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: 11/14/2024, 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

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$4,435

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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.

Nearby Schools

school-card-donut-27590
3
/10
  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.57 miles

  • Public District Grades PK-4

school-card-donut-27591
4
/10
  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.73 miles

  • Public District Grades PK-4

school-card-donut-27592
3
/10
  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.82 miles

  • Public District Grades PK-6

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. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Parker St

What is the listing price of this property?

The listing price of 525 Parker St property is $875,000.

What type of property is this?

The property 525 Parker St is a house located in Newark City, New Jersey, 07104.

Is this property for sale now?

Active Listing: 525 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 525 Parker St has 6 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 525 Parker St is 1912.

Rocket Homes›New Jersey›Essex County›Newark›07104›525 Parker St

This home is located at 525 Parker St in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1912, sits on a 0.14 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $875,000.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

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

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