6 months on rocket

69 Hobson St, Newark City, NJ, 07112

$450,000

Home List Price

$5,344*

Closing Credit

5 Bedrooms
2 Full Baths
Multi

Location

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69 Hobson St, Newark$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1920
HeatingOther, Natural Gas
CoolingNone
BasementYes
MLS #3900638
Lot Size0.06 Acres
StatusActive

About 69 Hobson St

Explore the opportunity to own a versatile two-family home in Newark! This distinct property offers two spacious units, perfect for investors or those looking to occupy one unit while renting the other. The first unit features Two bedrooms and a full bathroom, ideal for comfort and practicality. The second unit boasts an additional bathroom, making it perfect for larger or hosting guests. Each unit offers ample living space, functional kitchens, and plenty of natural light. Located in a convenient Newark neighborhood, this home is near local amenities, including shopping, dining, and transportation, making it both an attractive and practical choice for a variety of living arrangements. Seize the chance to make this well-maintained property your new investment or home. Well maintained large two family home with separate utilities in the Weequahic section of Newark NJ . The first unit consist of 2 bedrooms, living room, Dining room, kitchen,1 full bath. The second floor unit consist of 2 bedrooms, living room, dining room, kitchen,1 full bath. Close proximity to public transportation. 9 min from Newark International Airport EWR.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1920

Listing Office:

  • Office Name: EXIT PLATINUM REALTY
  • Office Phone: (973) 476-5310

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Directions: Off Clinton place to corner of Bragaw Ave & Hobson St

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.

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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

69 Hobson St vs Newark

197 DAYS ON ROCKET

+122 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: #3900638

Listing Office:

  • Office Name: EXIT PLATINUM REALTY
  • Office Phone: (973) 476-5310

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: 11/22/2024, 12:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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-613287
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-613288
3
/10

  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-613289
4
/10

  • George Washington School

  • 1530 Leslie St

  • 0.97 miles

  • Public District Grades 5-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,149. Residents of Newark, NJ typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›69 Hobson St

This home is located at 69 Hobson St in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1920, sits on a 0.06 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $450,000.

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. 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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