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56-60 Ferguson St, Newark, NJ, 07105

$315,000

Home List Price

$3,741*

Closing Credit

2 Bedrooms
2 Full Baths
Condo

Location

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56-60 Ferguson St, Newark$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Gar Opener
Attached Garage1 space
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterfrontNone
FireplaceNone
ViewOther
MLS #24036808
StatusActive
(Active Attorney Review)

About 56-60 Ferguson St

Excellent Homeownership Opportunity in the Heart of Newark's Ironbound District Located just half a block from Ferry Street and only one mile from Newark Penn Station, this charming two-bedroom, two-bathroom condominium offers both convenience and comfort in one of Newark's most desirable neighborhoods. Boasting an open-concept layout, the unit features a spacious main bedroom with two walk-in closets, as well as in-unit laundry for added convenience. The property also includes a garage with space for two vehicles. The unit is currently rented with a lease in place until August 2025, making this an ideal investment opportunity. Don't miss your chance to own a property in the vibrant and highly sought-after Ironbound District

Property Details

Property Features

Listing Office:

  • Office Name: Mid-Realty, Inc.
  • Office Phone: (201) 991-5719
  • Listing Agent: Maria Germana Gomes

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Basement: No
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other
  • Exterior: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Gar Opener

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
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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

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

56-60 Ferguson St vs Newark

49 DAYS ON ROCKET

+18 Days

$315,000

-$125K Less

KEY TAKEAWAY

This property is $125K less than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #24036808

Listing Office:

  • Office Name: Mid-Realty, Inc.
  • Office Phone: (201) 991-5719
  • Listing Agent: Maria Germana Gomes

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: 1/7/2025, 1:21:03 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

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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-780031
1
/10

  • East Ward Elementary School

  • 104 Oliver St

  • 0.76 miles

  • Public District Grades PK-3

school-card-donut-780032
5
/10

  • Hamilton Intermediate School

  • 223 Hamilton St

  • 1.34 miles

  • Public District Grades 4-5

school-card-donut-780033
4
/10

  • Newark Educators Community Charter School

  • 9-11 Hill St

  • 1.40 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,292. The most common annual income of people living in Newark, NJ is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 56-60 Ferguson St

What is the listing price of this property?

The listing price of 56-60 Ferguson St property is $315,000.

What type of property is this?

The property 56-60 Ferguson St is a condo located in Newark, New Jersey, 07105.

Is this property for sale now?

Active Listing: 56-60 Ferguson St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 56-60 Ferguson St has 2 bedrooms and 2 bathrooms.

Rocket Homes›New Jersey›Essex County›Newark›07105›56-60 Ferguson St

This home is located at 56-60 Ferguson St in Newark, NJ and zip code 07105 in the East Ward neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $315,000.

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%. 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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