2 months on rocket

74 Beverly St, Newark, NJ, 07108

$559,000

Home List Price

$6,638*

Closing Credit

7 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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74 Beverly St, Newark$559,000

Buyer Closing Credits

$6,638*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #24030568
StatusActive

About 74 Beverly St

Experience modern living in this tastefully updated 2-family home, 3 bedroom 1.5 bath on 1st floor, 3 bed 2 bath on 2nd floor, featuring a bonus third-floor bedroom with a full bath and electric heat, complete with a separate electric meter for added convenience. The second floor apartment boasts a spacious primary bedroom with a massive walk-in closet and an en-suite bath, perfect for relaxation. Enjoy the ease of commuting to NYC with proximity to major highways and public transportation. The property includes a delightful 1st-floor deck and a 2nd-floor balcony, ideal for outdoor relaxation and entertaining. The expansive backyard offers ample space for gatherings and leisure. Additional amenities include a washer and dryer located in the basement. This home presents an excellent opportunity for rental income live in one unit and rent out the other. Don't miss out on this ideal blend of comfort, convenience, and investment potential

Property Details

Property Features

Listing Office:

  • Office Name: Realty One Group Lifestyle Homes
  • Office Phone: (908) 291-1300
  • Listing Agent: Gee Kay Cheung

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,000

Tax Information:

  • Annual Amount: $4,499
  • Tax Year: 2020
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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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

74 Beverly St vs Newark

87 DAYS ON ROCKET

+73 Days

$559,000

+$159K More

KEY TAKEAWAY

This property is $159K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24030568

Listing Office:

  • Office Name: Realty One Group Lifestyle Homes
  • Office Phone: (908) 291-1300
  • Listing Agent: Gee Kay Cheung

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, 4:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2021Home Sold
$420,000
Mar 04, 2020Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,499$162,100
2019$5,736$162,100
2018$5,521$162,100
2017$5,521$162,100

History based on county public records data.

Payment Calculator

$2,857

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,742

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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-4368262
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-4368263
3
/10

  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-4368264
3
/10

  • Burch Charter School of Excellence

  • 100 Linden Ave

  • 0.72 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,932. 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 post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07108›74 Beverly St

This home is located at 74 Beverly St in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $559,000.

While more than 22 listings in Newark, NJ in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The number of listings in Newark, NJ increased by 13.5% between October 2024 and November 2024. In November 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $400,000.

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

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