2 months on rocket

59 Grumman Ave, Newark City, NJ, 07112

$450,000

Home List Price

$5,344*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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59 Grumman Ave, Newark$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, Detached Garage
Garage2 spaces
Year Built9999
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3921701
Lot Size0.11 Acres
StatusActive

About 59 Grumman Ave

To be sold in as is condition buyer responsible for all city inspections and repairs 2 apartments w full attic full unfinished basement w plumbing for bathroom aptm 1 2 bedrooms liv room kit bath, aptm 2 3 bedrooms liv room bath attic 3 rooms. Driveway w detached garage. both tenants month to month 31 $1300.00 #2 $1,500.00 w attic.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 9999

Listing Office:

  • Office Name: EXIT REALTY LUCKY ASSOCIATES
  • Office Phone: (908) 289-7746

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Detached Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

Other

Directions Information:

  • Directions: Bergen Av to Grumman av

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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Housing Market Comparison

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

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

59 Grumman Ave vs Newark

67 DAYS ON ROCKET

-8 Days

$450,000

+$53.8K More

KEY TAKEAWAY

This property is $53.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3921701

Listing Office:

  • Office Name: EXIT REALTY LUCKY ASSOCIATES
  • Office Phone: (908) 289-7746

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

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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: 11/10/2024, 4:20:47 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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Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-830799
4
/10
  • George Washington School

  • 1530 Leslie St

  • 0.75 miles

  • Public District Grades 5-5

school-card-donut-830800
6
/10
  • Hurden Looker School

  • 1261 Liberty Ave

  • 1.04 miles

  • Public District Grades 3-4

school-card-donut-830801
3
/10
  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 1.42 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. The majority of Newark, NJ residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyEssex CountyNewark0711259 Grumman Ave

This home is located at 59 Grumman Ave in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 9999, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $450,000.

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. The number of homes for sale in Newark, NJ increased by 25.4% between September 2024 and October 2024. In October 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,125.

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

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