Newly renovated 2-bedroom townhome offering a perfect blend of modern living and convenience. Prime location close to major public transportation hubs. A commuter's dream, ideal for professionals. An open floor plan that flows effortlessly from the kitchen, to the dining room and Living room. Contemporary finishes. The kitchen boasts brand-new stainless steel appliances and sleek countertops. Both bedrooms are spacious, with ample closet space and large windows that emanate natural lighting. The bathroom has been updated with modern fixtures and stylish tile work, adding to the townhome's fresh and clean aesthetic. Washer & Dryer in unit. This townhome offers a hassle-free lifestyle with its close proximity to NJPAC, Newark Penn Station, and Broad Street Station gives convenient access to NYC. In addition, dining, shopping, and entertainment options are a short distance away. Pool,tennis court. Some of the photos are virtually staged. Seller is offering buyer a rate buy
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Elite Realtors, LLC
Office Phone: (917) 562-0401
Listing Agent: Debra Marshall
Interior Features
Interior Information:
Appliances: Microwave, Refrigerator, Washer/Dryer
Basement: No
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: None
View: None
Exterior: Pool, Security, Tennis
Parking Information:
Attached Garage: No
Parking: None, Pkg Space In
Utilities
Utilities Information:
Heating: Natural Gas, Zoned
Cooling: Central Air, Zoned
School Info
Assigned Schools Information:
Central High School, Public District Grades 9-12
Malcom X Shabazz High School, Public District Grades 9-12
Barringer High School, Public District Grades 9-12
Price Information
Listing Price Info
Price Summary:
List Price: $349,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newark, NJ.
This property is $47.1K less than the Median Sold Price in Newark, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #24031464
Listing Office:
Office Name: Keller Williams Elite Realtors, LLC
Office Phone: (917) 562-0401
Listing Agent: Debra Marshall
Disclaimer: 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.
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
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,809
Per Month
Principal & Interest
$1,742
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,113
Powered By
Advertisement
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.
High School
1
/10
Central High School
250 18th Ave
Distance between this listing and this school0.61 miles
Public District Grades 9-12
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
1
/10
Barringer High School
90 Parker St
Distance between this listing and this school1.38 miles
Public District Grades 9-12
Nearby Schools
3
/10
New Horizons Community Charter School
45 Hayes St # 59
Distance between this listing and this school0.25 miles
Public Charter Grades KG-5
2
/10
Quitman Street Community School
21 Quitman St
Distance between this listing and this school0.37 miles
Public District Grades PK-8
3
/10
Newark Educators Community Charter School
9-11 Hill St
Distance between this listing and this school0.55 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Great Oaks Charter School
24 Main St
Distance between this listing and this school0.50 miles
Public Charter Grades 6-9
5
/10
Discovery Charter School
230 Halsey St
Distance between this listing and this school0.53 miles
Public Charter Grades 4-8
2
/10
University Heights Charter School
74 Hartford St
Distance between this listing and this school0.64 miles
Public Charter Grades PK-7
Assigned Schools
1
/10
Central High School
250 18th Ave
Distance between this listing and this school0.61 miles
Public District Grades 9-12
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
1
/10
Barringer High School
90 Parker St
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $74,167. Most Newark, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8 Colgate Dr
What is the listing price of this property?
The listing price of 8 Colgate Dr property is $349,000.
What type of property is this?
The property 8 Colgate Dr is a townhouse located in Newark, New Jersey, 07103.
Is this property for sale now?
Active Listing: 8 Colgate Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8 Colgate Dr are: Central High School: GreatSchools Rating 1/10Malcom X Shabazz High School: GreatSchools Rating 1/10Barringer High School: GreatSchools Rating 1/10
How many bedrooms and bathrooms does this property have?
The property at 8 Colgate Dr has 2 bedrooms and 1 bathroom.
This home is located at 8 Colgate Dr in Newark, NJ and zip code 07103 in the Central Ward neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $349,000.
While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.
From Rocket Homes Real Estate and based on county public records data.