new - 6 days on rocket

78 Treacy Ave, Newark, NJ, 07108

$719,000

Home List Price

$8,538*

Closing Credit

10 Bedrooms
3 Full Baths
Multi

Location

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78 Treacy Ave, Newark$719,000

Buyer Closing Credits

$8,538*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingBaseboard, Natural Gas, Forced Air, Zoned
CoolingZoned
BasementYes
WaterfrontNone
FireplaceNone
MLS #24034751
StatusActive
(ACTIVE)

About 78 Treacy Ave

Prime Investment Opportunity! This beautifully renovated multi-family home features three spacious units: two units with 4 bedrooms each, and a third unit with 2 bedrooms, plus dining and living rooms. Includes a large basement for storage, and lovely front and backyards. Built with all permits and TCO to be delivered at closing. Conveniently located on a quiet street, just minutes from I-78, Route 22, and public transportation to NYC. Don't miss this chance to own a fantastic income-producing property!

Property Details

Property Features

Listing Office:

  • Office Name: Realmart Realty, LLC
  • Office Phone: (732) 727-2285
  • Listing Agent: Qizhan Yao

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Aluminum, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Forced Air, Zoned
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • Avon Avenue Elementary School, Public District Grades KG-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,000

Tax Information:

  • Annual Amount: $4,068
  • 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

78 Treacy Ave vs Newark

6 DAYS ON ROCKET

-69 Days

$719,000

+$322.8K More

KEY TAKEAWAY

This property is $322.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24034751

Listing Office:

  • Office Name: Realmart Realty, LLC
  • Office Phone: (732) 727-2285
  • Listing Agent: Qizhan Yao

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: 11/5/2024, 5:20:50 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

Dec 08, 2015Home Sold
$61,000
Sep 30, 2008Home Sold
$341,000
May 09, 2007Home Sold
$265,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,068$144,500
2019$5,336$144,500
2018$5,144$144,500
2017$5,144$144,500

History based on county public records data.

Payment Calculator

$3,656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,222

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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.

Elementary School

school-card-donut-1839309
2
/10

  • Avon Avenue Elementary School

  • 219 Avon Ave

  • 0.21 miles

  • Public District Grades KG-8

High School

school-card-donut-1839310
1
/10

  • Central High School

  • 250 18th Ave

  • 0.70 miles

  • Public District Grades 9-12

school-card-donut-1839311
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 0.72 miles

  • Public District Grades 9-12

school-card-donut-1839312
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 1.33 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 $43,538. Most Newark, NJ residents have annual incomes between $35k-100k. Typical family type is 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›07108›78 Treacy Ave

This home is located at 78 Treacy Ave in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $719,000.

In October 2024 more than 24 listings in Newark, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. In October 2024 in Newark, NJ there were 25.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.

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

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