2 months on rocket

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
MLS #24034507
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

Listing Office:

  • Office Name: New Direction Realty LLC
  • Office Phone: (833) 984-4663
  • Listing Agent: Pedro Mota

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

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

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

542 N 11th St vs Newark

62 DAYS ON ROCKET

+31 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: #24034507

Listing Office:

  • Office Name: New Direction Realty LLC
  • Office Phone: (833) 984-4663
  • 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© 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: 1/6/2025, 9:21:07 PM 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.

Nearby Schools

school-card-donut-786251
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.35 miles

  • Public District Grades PK-6

school-card-donut-786252
5
/10

  • Carteret Elementary School

  • 158 Grove St

  • 0.42 miles

  • Public District Grades PK-6

school-card-donut-786253
3
/10

  • Belleville Ps4

  • 30 Magnolia St

  • 0.61 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,513. Most Newark, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most 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, 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.

Newark, NJ housing market in December 2024 saw over 17 listings sold above listed price, more than 6 sold at listed price and over 8 sold below. The number of listings in Newark, NJ increased by 10.8% between November 2024 and December 2024. While the average time on the market in December 2024 was 31 days, the median list price was $440,000.

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

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