1 month on rocket

798 Bergen St, Newark, NJ, 07108

$799,900

Home List Price

$9,499*

Closing Credit

6 Bedrooms
5 Full Baths
Multi

Location

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798 Bergen St, Newark$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage1 space
MLS #24037558
StatusActive

About 798 Bergen St

Welcome to this newly and impeccable 2 Family home built in 2023 with built-in garage, central A/C, and hardwood floors/ceramic tile throughout. Both spacious apartments feature a primary bedroom with an en suite full bathroom. Finished basement with separate entrance, additional room with unlimited possibilities, lots of storage space, summer Kitchen and a full bathroom. Property comes with the 10-year warranty for new construction against major structural defects (9 years left). Take advantage of the tax abatement in place, tax exemption started this year on January 1st, 2024 and shall expire on December 31st, 2028. 0% payment in lieu of taxes in year 1 (2024), 20% payment in lieu of taxes in year 2 (2025), 40% payment in lieu of taxes in year 3 (2026), 60% payment in lieu of taxes in year 4 (2027), and 80% payment in lieu of taxes in year 5 (2028). Estimated full taxes are $16,185.32 w/o the tax abatement. Full taxes will be paid in 2029. The whole house will delivered vacant.

Property Details

Property Features

Listing Office:

  • Office Name: Signature Realty NJ LLC
  • Office Phone: (973) 921-1111
  • Listing Agent: Salome Carrillo-Fierro

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 1 space

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

Med. Sold Price

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

798 Bergen St vs Newark

42 DAYS ON ROCKET

+11 Days

$799,900

+$359.9K More

KEY TAKEAWAY

This property is $359.9K more than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #24037558

Listing Office:

  • Office Name: Signature Realty NJ LLC
  • Office Phone: (973) 921-1111
  • Listing Agent: Salome Carrillo-Fierro

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© 2025 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: 1/7/2025, 2:21:04 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

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-725553
4
/10
  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-725554
2
/10
  • Harriet Tubman Elementary School

  • 504 S 10th St

  • 1.25 miles

  • Public District Grades PK-6

school-card-donut-725555
3
/10
  • Berkeley Terrace Elementary School

  • 787 Grove St

  • 1.37 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,077. Typical income of Newark, NJ residents is less than $35k annually. The most common type of family is single, with kids. Most 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›798 Bergen St

This home is located at 798 Bergen St in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $799,900.

Over 17 listings were sold over their listed price in December 2024 in Newark, NJ. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Newark, NJ increased by 10.8% between November 2024 and December 2024. In December 2024 median list price was $440,000 and the average listing age was 31 days.

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

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