11 months on rocket

623-625 Sanford Ave, Newark, NJ, 07106

$749,000

Home List Price

$8,894*

Closing Credit

9 Bedrooms
4 Full Baths
Multi

Location

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623-625 Sanford Ave, Newark$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #24001504
StatusActive

About 623-625 Sanford Ave

Large three family home on a double corner lot. Perfect for a home buyer or investor. Amazing income! First unit offering 3 beds, 1 bath. Second unit offering 4 beds,1 bath and third unit offering 2 bed and 1 bath. Finished basement with 3 rooms, recreation room and finished bathroom.

Property Details

Property Features

Listing Office:

  • Office Name: Weichert Home City Realty
  • Office Phone: (201) 293-6333
  • Listing Agent: Edward Gelley

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 9

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
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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

623-625 Sanford Ave vs Newark

336 DAYS ON ROCKET

+322 Days

$749,000

+$349K More

KEY TAKEAWAY

This property is $349K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24001504

Listing Office:

  • Office Name: Weichert Home City Realty
  • Office Phone: (201) 293-6333
  • Listing Agent: Edward Gelley

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© 2024 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: 12/18/2024, 5:21:02 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.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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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-4410413
2
/10
  • Madison Avenue

  • 173 Madison Ave

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-4410414
3
/10
  • Florence Avenue Elementary School

  • 1324 Springfield Ave

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-4410415
3
/10
  • Burch Charter School of Excellence

  • 100 Linden Ave

  • 0.65 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,125. Residents of Newark, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07106›623-625 Sanford Ave

This home is located at 623-625 Sanford Ave in Newark, NJ and zip code 07106 in the West Ward neighborhood. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $749,000.

Over 22 listings were sold over their listed price in November 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. Listings spent 14 days on the market in November 2024, and had a median list price of $400,000 during the same period.

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

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