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542 N 11th St, Newark, 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
ParkingNone
HeatingNatural Gas, Radiant, Steam
CoolingNone, Window Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24034507
StatusActive
(ACTIVE)

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

Listing Office:

  • Office Name: New Direction Realty LLC
  • Office Phone: (973) 462-6440
  • Listing Agent: Pedro Mota

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Aluminum, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Steam
  • Cooling: None, Window Unit(s)

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Abington Avenue Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $598,000

Tax Information:

  • Annual Amount: $4,116
  • 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

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

542 N 11th St vs Newark

1 DAY ON ROCKET

-74 Days

$598,000

+$201.8K More

KEY TAKEAWAY

This property is $201.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24034507

Listing Office:

  • Office Name: New Direction Realty LLC
  • Office Phone: (973) 462-6440
  • Listing Agent: Pedro Mota

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, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2019Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,116$146,200
2019$5,399$146,200
2018$5,205$146,200
2017$5,205$146,200

History based on county public records data.

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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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.

Elementary School

school-card-donut-1835612
2
/10

  • Abington Avenue Elementary School

  • 209 Abington Ave

  • 0.29 miles

  • Public District Grades PK-8

High School

school-card-donut-1835613
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.30 miles

  • Public District Grades 9-12

school-card-donut-1835614
8
/10

  • Technology High School

  • 223 Broadway

  • 1.40 miles

  • Public District Grades 9-12

school-card-donut-1835615
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 $50,513. Typical income of Newark, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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, NJ and zip code 07107 in the North Ward neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $598,000.

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. 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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