8 days on rocket

53 Monticello Ave, Newark, NJ, 07106

$630,000

Home List Price

$7,481*

Closing Credit

6 Bedrooms
4 Full Baths
Multi

Location

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53 Monticello Ave, Newark$630,000

Buyer Closing Credits

$7,481*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage2 spaces
MLS #24050983
StatusActive

Property Details

Property Features

Listing Office:

  • Office Name: Weichert Realtors, Summit
  • Office Phone: (908) 277-1200
  • Listing Agent: Mackenson Bonnet

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Price Information

Listing Price Info

Price Summary:

  • List Price: $630,000

Tax Information:

  • Annual Amount: $5,745
  • Tax Year: 2020
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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

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

53 Monticello Ave vs Newark

8 DAYS ON ROCKET

-23 Days

$630,000

+$190K More

KEY TAKEAWAY

This property is $190K more than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #24050983

Listing Office:

  • Office Name: Weichert Realtors, Summit
  • Office Phone: (908) 277-1200
  • Listing Agent: Mackenson Bonnet

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© 2025 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: 1/8/2025, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 10, 2004Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,745$204,100
2019$7,537$204,100
2018$7,266$204,100
2017$7,266$204,100

History based on county public records data.

Payment Calculator

$3,212

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,955

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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-1062821
2
/10

  • Benjamin Banneker Academy

  • 500 S Clinton St

  • 0.55 miles

  • Public District Grades PK-6

school-card-donut-1062822
6
/10

  • Langston Hughes Elementary School

  • 160 Rhode Island Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-1062823
2
/10

  • University Elementary School

  • 1 University Pl

  • 1.10 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 $32,734. Most Newark, NJ residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07106›53 Monticello Ave

This home is located at 53 Monticello Ave in Newark, NJ and zip code 07106 in the West Ward neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $630,000.

In December 2024 more than 17 listings in Newark, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 8 were sold below. Between November 2024 and December 2024, Newark, NJ real estate market has seen increase in the number of listings by 10.8%. In December 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $440,000.

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

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