new - 2 days on rocket

747-749 S 12th St, Newark, NJ, 07103

$648,900

Home List Price

$7,706*

Closing Credit

9 Bedrooms
5 Full Baths
Multi

Location

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747-749 S 12th St, Newark$648,900

Buyer Closing Credits

$7,706*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached
Attached GarageYes
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
MLS #24036592
StatusActive
(ACTIVE)

About 747-749 S 12th St

Welcome to 747 S 12th St, Newark! A beautifully updated 2 -family home offering spacious, flexible living and income potential! Built in 2005 , Unit 1 renovated in 2024 spans two floors, featuring 6 bedrooms and 3 full baths. The main floor offers a bright, brand-new kitchen with sleek cabinets, a stainless-steel gas range, and washer/dryer hookups, along with 3 bedrooms, including a master suite with an en-suite bath featuring central heating and air conditioning throughout. The ground level has an additional 3 bedrooms and a full bath.Unit 2, currently tenant-occupied, provides extra income with 3 bedrooms and 2 baths, including a master suite with an en-suite bath, rented at $1,309 on a month-to-month lease. The property also features a driveway and garage, making it convenient for homeowners or tenants. Perfectly situated near transportation, shopping, and schools, this property is ideal for buyers looking for a spacious home with rental income potential. Don't miss out.

Property Details

Property Features

Listing Office:

  • Office Name: New and Modern Group
  • Office Phone: (732) 962-2148
  • Listing Agent: Mathew Meisels

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Vinyl, None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $648,900

Tax Information:

  • Annual Amount: $6,227
  • 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

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

747-749 S 12th St vs Newark

2 DAYS ON ROCKET

-73 Days

$648,900

+$252.7K More

KEY TAKEAWAY

This property is $252.7K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24036592

Listing Office:

  • Office Name: New and Modern Group
  • Office Phone: (732) 962-2148
  • Listing Agent: Mathew Meisels

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: 11/17/2024, 10:20:51 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

Apr 20, 2005Home Sold
$245,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,227$221,200
2019$8,907$241,200
2018$8,587$241,200
2017$8,587$241,200

History based on county public records data.

Payment Calculator

$3,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-410835
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-410836
3
/10

  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-410837
2
/10

  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 0.84 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,400. The most common annual income of people living in Newark, NJ is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›747-749 S 12th St

This home is located at 747-749 S 12th St in Newark, NJ and zip code 07103 in the South Ward neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $648,900.

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 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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