4 months on rocket

601 N 6th St, Newark City, NJ, 07107

$1,600,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
Multi

Location

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601 N 6th St, Newark$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
HeatingNatural Gas
BasementYes
MLS #3909557
Lot Size0.07 Acres
StatusActive

About 601 N 6th St

Explore a promising investment opportunity at 601 N 6th St, Newark NJ. This property, ideally located just minutes from the highly desirable Branch Brook Park, offers substantial potential for savvy investors seeking to capitalize on Newark's thriving real estate market. This is a very well-maintained 6 unit apartment building that features 6 bedrooms and 6 bathrooms, complemented by moderate updates in some of the unit's kitchens and bathrooms. The building is a great opportunity for rental income for today and the future. Don't miss out on this opportunity to acquire a lucrative investment property in Newark's thriving real estate market.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks

Listing Office:

  • Office Name: REAL
  • Office Phone: (855) 450-0442

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

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

Other

Directions Information:

  • Directions: Bloomfield Ave to N 6th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
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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

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

601 N 6th St vs Newark

132 DAYS ON ROCKET

+57 Days

$1,600,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3909557

Listing Office:

  • Office Name: REAL
  • Office Phone: (855) 450-0442

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: 11/5/2024, 12:55:46 AM 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

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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.

Elementary School

school-card-donut-1739047
2
/10

  • Abington Avenue Elementary School

  • 209 Abington Ave

  • 0.06 miles

  • Public District Grades PK-8

High School

school-card-donut-1739048
1
/10

  • Barringer High School

  • 90 Parker St

  • 0.99 miles

  • Public District Grades 9-12

school-card-donut-1739049
8
/10

  • Technology High School

  • 223 Broadway

  • 1.05 miles

  • Public District Grades 9-12

school-card-donut-1739050
1
/10

  • Central High School

  • 250 18th Ave

  • 2.85 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 $23,365. The most common annual income of people living in Newark, NJ is less than $35k. The most common type of family is 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›601 N 6th St

This home is located at 601 N 6th St in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home sits on a 0.07 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,600,000.

In October 2024 more than 24 listings in Newark, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The number of listings 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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