1 month on rocket

61 Columbia Ave, Newark City, NJ, 07106

$669,000

Home List Price

$7,944*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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61 Columbia Ave, Newark$669,000

Buyer Closing Credits

$7,944*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built9999
HeatingNatural Gas
BasementYes
MLS #3930659
Lot Size0.07 Acres
StatusActive

About 61 Columbia Ave

Welcome to this fully renovated 3-family home. perfect for both Owner-occupants or investors. This stunning property has been completely renovated from the beams up, offering a modern and fresh living space across all three units. Brand-new heating systems: 3 separate systems for each unit, providing energy efficiency and convenience 3 new hot water tanks. First Floor: Spacious 3-bedroom, 1-bath unit. Potential rent: $2,300/month. Second Floor: Beautiful 3-bedroom, 2-full bath, Primary Bedroom with its own full bath and walk in closest. Potential rent: $2,600/month. Third Floor: 1-bedroom, 1-bath unit, Potential rent: $1,700/month. Washer and dryer hookup ready in 1&2nd unit. A large open basement with future potential for finishing. Owner Occupant or Investment Property Whether you're looking for a multi-family home to live in while renting out the other units, or a pure investment opportunity, this property provides excellent rental income potential. Don't miss out on this turn-key property!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: KELLER WILLIAMS TEAM REALTY
  • Office Phone: (973) 253-2800

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Off of Plymouth st

Price Information

Listing Price Info

Price Summary:

  • List Price: $669,000
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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

61 Columbia Ave vs Newark

31 DAYS ON ROCKET

-44 Days

$669,000

+$272.8K More

KEY TAKEAWAY

This property is $272.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3930659

Listing Office:

  • Office Name: KELLER WILLIAMS TEAM REALTY
  • Office Phone: (973) 253-2800

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: 11/23/2024, 8:20:46 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

$3,406

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,072

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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-847553
2
/10

  • Benjamin Banneker Academy

  • 500 S Clinton St

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-847554
2
/10

  • Grove Street Elementary School

  • 602 Grove St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-847555
2
/10

  • University Elementary School

  • 1 University Pl

  • 0.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,636. Typical income of Newark, NJ residents is less than $35k annually. Typical family type 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›07106›61 Columbia Ave

This home is located at 61 Columbia Ave in Newark City, NJ and zip code 07106 in the West Ward neighborhood. This home, which was built in 9999, sits on a 0.07 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $669,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. The number of homes for sale in Newark, NJ increased by 25.4% between September 2024 and October 2024. In October 2024 median list price was $396,125 and the average listing age was 75 days.

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

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