2 months on rocket

542 N 11th St, Newark City, NJ, 07107

$598,000

Home List Price

$7,101*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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542 N 11th St, Newark$598,000

Buyer Closing Credits

$7,101*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway-Shared, On-Street Parking, On-Street Parking, See Remarks
Year Built9999
HeatingNatural Gas
BasementYes
MLS #3931034
Lot Size0.06 Acres
StatusActive

About 542 N 11th St

Welcome to 542 North 11th Street, a spacious 2-family home in the desirable North Newark area, just steps from Bloomfield Avenue. Featuring 5 bedrooms and 3 full bathrooms, this property offers ample living space, making it ideal for multi-generational living or rental income. A bonus feature is the finished recreational space in the basement, perfect for extra activities, entertaining, or storage. Enjoy the convenience of being within walking distance to public transportation, restaurants, and shops in the bustling northern part of Newark. Whether you're a savvy investor or a first-time buyer ready to build your portfolio, With LOW TAXES ! this home is a standout opportunity in a thriving community. Don't let it pass you by! and get Ready to Schedule a Showing ASAP !

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 9999

Listing Office:

  • Office Name: NEW DIRECTION REALTY
  • Office Phone: (833) 984-4663

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway-Shared, On-Street Parking, On-Street Parking, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: From Bloomfield Ave : Turn on N 1th St Property will be on your Left half a Block Down. From other locations please follow GPS instructions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $598,000
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Housing Market Comparison

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

Med. Sold Price

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

542 N 11th St vs Newark

73 DAYS ON ROCKET

+42 Days

$598,000

+$158K More

KEY TAKEAWAY

This property is $158K more than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #3931034

Listing Office:

  • Office Name: NEW DIRECTION REALTY
  • Office Phone: (833) 984-4663

Information deemed reliable but not guaranteed. Copyright © 2025 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: 1/6/2025, 9:20:48 PM 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.

Payment Calculator

$3,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,859

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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-681058
3
/10
  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.35 miles

  • Public District Grades PK-6

school-card-donut-681059
5
/10
  • Carteret Elementary School

  • 158 Grove St

  • 0.42 miles

  • Public District Grades PK-6

school-card-donut-681060
3
/10
  • Belleville Ps4

  • 30 Magnolia St

  • 0.61 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,513. Typical income of Newark, NJ residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07107›542 N 11th St

This home is located at 542 N 11th St in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home, which was built in 9999, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $598,000.

While more than 17 listings in Newark, NJ in December 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 8 were sold below. In December 2024 in Newark, NJ there were 10.8% more homes for sale than in November 2024. In December 2024 median list price was $440,000 and the average listing age was 31 days.

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

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