17 days on rocket

7 Mapes Ter, Newark City, NJ, 07112

$600,000

Home List Price

$7,125*

Closing Credit

7 Bedrooms
3 Full Baths
Multi

Location

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7 Mapes Ter, Newark$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width
Year Built1900
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3930214
Lot Size0.08 Acres
StatusActive

About 7 Mapes Ter

Legal brick 3 family house, featuring 7 bedrooms, 3 full bathrooms, parking and a full baseman, tons of potential, property needs some TLC but it has great potential. Property is being sold in as is condition

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story, Fixer Upper
  • Year Built: 1900

Listing Office:

  • Office Name: WEICHERT REALTORS
  • Office Phone: (201) 205-4412

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: 1 Car Width

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Weequahic High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • George Washington Carver Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: On Mapes Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $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

7 Mapes Ter vs Newark

17 DAYS ON ROCKET

-58 Days

$600,000

+$203.8K More

KEY TAKEAWAY

This property is $203.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3930214

Listing Office:

  • Office Name: WEICHERT REALTORS
  • Office Phone: (201) 205-4412

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, 8:20:47 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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$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Elementary School

school-card-donut-1989406
3
/10

  • George Washington Carver Elementary School

  • 333 Clinton Pl

  • 0.19 miles

  • Public District Grades PK-8

High School

school-card-donut-1989407
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 0.45 miles

  • Public District Grades 9-12

school-card-donut-1989408
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.16 miles

  • Public District Grades 9-12

school-card-donut-1989409
1
/10

  • Central High School

  • 250 18th Ave

  • 1.59 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 $39,000. Typical income of Newark, NJ residents is between $35k-100k annually. Most families are 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›07112›7 Mapes Ter

This home is located at 7 Mapes Ter in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1900, sits on a 0.08 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $600,000.

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 inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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