4 months on rocket

575 Highland Ave, Newark City, NJ, 07104

$850,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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575 Highland Ave, Newark$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Car Width, Detached Garage
Garage2 spaces
Year Built1910
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3913249
Lot Size0.11 Acres
StatusActive

About 575 Highland Ave

WELCOME!!!! TO THIS RARE OPPORTUNITY!!! One of a Kind Three -family home located in the sought-after historic district of the Forest Hill section of Newark, just a few blocks from Branch Brook Park "The Ballantine Gates" Cherry Blossom Center, Branch Brook Park Light Rail Station with "EASY NYC COMMUTE, well-maintained four apartments, finished basement, utility room, separated utilities, etc. Exterior Solid brick front with Balconies, Driveway, and detached two-car Garage Don't t miss out either for first-time home buyers or for investors.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1910

Listing Office:

  • Office Name: WEICHERT REALTORS - HOME CITY
  • Office Phone: (201) 293-6333

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2 Car Width, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Off Bloomfield ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
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Housing Market Comparison

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

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

575 Highland Ave vs Newark

141 DAYS ON ROCKET

+127 Days

$850,000

+$450K More

KEY TAKEAWAY

This property is $450K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3913249

Listing Office:

  • Office Name: WEICHERT REALTORS - HOME CITY
  • Office Phone: (201) 293-6333

Information deemed reliable but not guaranteed. Copyright © 2024 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: 12/4/2024, 1:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-66719
3
/10
  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.38 miles

  • Public District Grades PK-4

school-card-donut-66720
3
/10
  • Belleville Ps4

  • 30 Magnolia St

  • 0.67 miles

  • Public District Grades PK-6

school-card-donut-66721
3
/10
  • Salome Urea Elementary School

  • 284 1st Ave W

  • 1.01 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,305. Most Newark, NJ residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07104›575 Highland Ave

This home is located at 575 Highland Ave in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1910, sits on a 0.11 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $850,000.

In November 2024 more than 22 listings in Newark, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 2024. In November 2024 median list price was $400,000 and the average listing age was 14 days.

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

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