new - 3 days on rocket

786 Summer Ave Unit B2, Newark City, NJ, 07104

$289,900

Home List Price

$3,443*

Closing Credit

2 Bedrooms
1 Full Bath
Condo

Location

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786 Summer Ave Unit B2, Newark$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot-Exclusive
Year Built1987
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #3939651
Lot Size0.28 Acres
StatusActive

About 786 Summer Ave Unit B2

Stylish and Recently Renovated 2-Bedroom Condo in North Newark!Welcome home to this beautifully updated 2-bedroom, 1-bathroom condo located in the vibrant North Newark area. This charming unit has been recently renovated, offering a modern and comfortable living experience perfect for any homeowner.Step inside to find a bright and open layout featuring brand-new appliances, sleek finishes, and fresh updates throughout. The contemporary kitchen boasts stainless steel appliances, ample cabinetry, and a stylish backsplash, making it a delightful space to cook and entertain.The spacious living and dining area is filled with natural light, providing the perfect spot for relaxation or hosting guests. Both bedrooms offer generous closet space.Conveniently located near public transportation, shopping, dining, and parks, this condo is ideal for commuters and city dwellers alike.

Property Details

Property Features

Property Information:

  • Architectural Style: First Floor Unit, One Floor Unit
  • Year Built: 1987

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (908) 967-3492

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dryer, Gas Range, Gas Oven, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Assigned, Parking Lot-Exclusive

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Please use google maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900

HOA Fees:

  • Amount: $250
  • Frequency: Monthly
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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

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

786 Summer Ave Unit B2 vs Newark

3 DAYS ON ROCKET

-28 Days

$289,900

-$150.1K Less

KEY TAKEAWAY

This property is $150.1K less than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #3939651

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (908) 967-3492

Information deemed reliable but not guaranteed. Copyright © 2025 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: 1/7/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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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-814452
3
/10

  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.17 miles

  • Public District Grades PK-4

school-card-donut-814453
2
/10

  • Belleville Ps8

  • 183 Union Ave

  • 0.81 miles

  • Public District Grades KG-6

school-card-donut-814454
3
/10

  • Belleville Ps4

  • 30 Magnolia St

  • 0.99 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 $42,933. Most Newark, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 786 Summer Ave Unit B2

What is the listing price of this property?

The listing price of 786 Summer Ave Unit B2 property is $289,900.

What type of property is this?

The property 786 Summer Ave Unit B2 is a condo located in Newark City, New Jersey, 07104.

Is this property for sale now?

Active Listing: 786 Summer Ave Unit B2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 786 Summer Ave Unit B2 has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 786 Summer Ave Unit B2 is 1987.

Rocket Homes›New Jersey›Essex County›Newark›07104›786 Summer Ave Unit B2

This home is located at 786 Summer Ave Unit B2 in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home, which was built in 1987, sits on a 0.28 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $289,900.

In December 2024 more than 17 listings in Newark, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 8 were sold below. The number of listings in Newark, NJ increased by 10.8% between November 2024 and December 2024. While the average time on the market in December 2024 was 31 days, the median list price was $440,000.

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

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