new - 2 days on rocket

525 Parker St, Newark, 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 TypeOther
ParkingDetached
HeatingNatural Gas, Radiant, Steam
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
Fireplace2 Fireplaces
ViewNone
MLS #24035306
StatusActive
(ACTIVE)

About 525 Parker St

This stunning historic brick Colonial in Forest Hill, Newark, embodies timeless elegance with its classic architecture and spacious rooms. The 6-bedroom home features preserved hardwood floors and intricate woodwork, honoring its rich history. The main level includes a grand living room with a wood-burning fireplace, perfect for gatherings. The kitchen, with a center island, is ideal for culinary adventures, complemented by updated bathrooms. A standout feature is the solarium, equipped with a wood-burning stove for cozy retreats year-round. The sizable bedrooms on the 2nd & 3rd floors offer versatility, including a large walk-in closet for ample storage. Forest Hill is known for its historic charm and tree-lined streets. Nearby, Branch Brook Park offers breathtaking cherry blossoms in spring & green spaces year-round. The nearby light rail station provides quick access to Newark Penn Station, with NJ Transit & PATH trains into Manhattan, & local buses for more commuting options.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Suburban Realty
  • Office Phone: (973) 819-9497
  • Listing Agent: Robert Bailey-Lemansky

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 2 Fireplaces

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Brick, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Steam
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Technology High School, Public District Grades 9-12
  • Barringer High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Ridge Street Elementary School, Public District Grades KG-8

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.

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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

525 Parker St vs Newark

2 DAYS ON ROCKET

-73 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: #24035306

Listing Office:

  • Office Name: Keller Williams Suburban Realty
  • Office Phone: (973) 819-9497
  • Listing Agent: Robert Bailey-Lemansky

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: 11/5/2024, 3:20:50 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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$4,435

Per Month

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.

Elementary School

school-card-donut-1943813
5
/10

  • Ridge Street Elementary School

  • 735 Ridge St

  • 0.60 miles

  • Public District Grades KG-8

High School

school-card-donut-1943814
8
/10

  • Technology High School

  • 223 Broadway

  • 0.97 miles

  • Public District Grades 9-12

school-card-donut-1943815
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.19 miles

  • Public District Grades 9-12

school-card-donut-1943816
1
/10

  • Central High School

  • 250 18th Ave

  • 3.10 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 $25,758. Typical income of Newark, NJ residents is less than $35k annually. The majority of families are single, no kids. The majority of 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, 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.

What are the assigned schools for this property?

The assigned schools for 525 Parker St are:
Ridge Street Elementary School: GreatSchools Rating 5/10
Technology High School: GreatSchools Rating 8/10
Barringer High School: GreatSchools Rating 1/10
Central High School: GreatSchools Rating 1/10

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.

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

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

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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