1 month on rocket

76 Grumman Ave, Newark City, NJ, 07112

$525,000

Home List Price

$6,234*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
Multi

Location

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76 Grumman Ave, Newark$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway-Exclusive, Detached Garage
Garage2 spaces
Year Built1931
HeatingNatural Gas
BasementYes
MLS #3934365
Lot Size0.07 Acres
StatusActive

About 76 Grumman Ave

Welcome to the Weequahic Section , this home includes 7 over-sized bedrooms, 4 baths, kitchen, living, and ,dining area with fire places. 3 + Units of living space, each unit has its own entrance, kitchen, and bath. Private driveway , backyard and patio for entertaining , and, a 2- Car Garage. Lastly, this home qualifies for 42k for DOWN PAYMENT ASSISTANCE. HOME IS SOLD AS-IS. APPLIANCES, INCLUDING WASHER, DRYER, DEEP FREEZERS, REFRIGERATORS ARE INCLUDED IN THE SALE. BUYER IS RESPONSIBLE FOR CO AND FIRE . NEWARK TAXES $8928.56. HILLSIDE TAXES : $1121.82.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1931

Listing Office:

  • Office Name: MADISON REALTY AND ASSOCIATES
  • Office Phone: (862) 233-9135

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Hot Tub, Walk-In Closet, Whirlpool

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway-Exclusive, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: NEWARK AND HILLSIDE BORDER

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
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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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

76 Grumman Ave vs Newark

32 DAYS ON ROCKET

+18 Days

$525,000

+$125K More

KEY TAKEAWAY

This property is $125K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3934365

Listing Office:

  • Office Name: MADISON REALTY AND ASSOCIATES
  • Office Phone: (862) 233-9135

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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: 12/18/2024, 12:55:49 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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$2,688

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-4375024
4
/10

  • George Washington School

  • 1530 Leslie St

  • 0.72 miles

  • Public District Grades 5-5

school-card-donut-4375025
6
/10

  • Hurden Looker School

  • 1261 Liberty Ave

  • 1.04 miles

  • Public District Grades 3-4

school-card-donut-4375026
3
/10

  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 1.38 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. The most common annual income of people living in Newark, NJ is less than $35k. Most families are single, no kids. Most 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›76 Grumman Ave

This home is located at 76 Grumman Ave in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1931, sits on a 0.07 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $525,000.

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. The number of listings in Newark, NJ increased by 13.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $400,000, while the average time on the real estate market was 14 days.

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

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