Located in a great neighborhood in North Newark! Don't miss out on this income producing two family property. The 1st floor features a spacious living room, eat-in-kitchen, two bedrooms and one full bath. Make your way up the stairs to the 2nd floor unit which includes a living room, eat- in-kitchen, 3 bedrooms, 2 baths, and attic for extra square footage! This property is conveniently located near major highways, local shops, and public transportation! Don't miss out on the chance to make this property your own!
Property Details
Property Features
Listing Office:
Office Name: Realty One Group Legend, Clifton
Office Phone: (973) 772-0660
Listing Agent: Takisha M. Gresham
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 5
Price Information
Listing Price Info
Price Summary:
List Price: $599,900
Tax Information:
Annual Amount: $5,939
Tax Year: 2020
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 $159.9K more than the Median Sold Price in Newark, NJ.
Based on homes sold in December 2024
MLS Details
MLS Information:
MLS Number: #24032472
Listing Office:
Office Name: Realty One Group Legend, Clifton
Office Phone: (973) 772-0660
Listing Agent: Takisha M. Gresham
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: 1/11/2025, 11:21:09 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
DATE
EVENT
PRICE
Apr 30, 2021
Apr 30, 2021Home Sold
$385,000
Nov 29, 2017
Nov 29, 2017Home Sold
$250,000
Jun 09, 2010
Jun 09, 2010Home Sold
$275,000
Nov 17, 2005
Nov 17, 2005Home Sold
$260,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$5,939
$157,900
2019
$5,831
$157,900
2018
$5,621
$157,900
2017
$5,621
$157,900
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,062
Per Month
Principal & Interest
$2,995
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
$1,865
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Garfield Elementary School
360 Belgrove Dr
Distance between this listing and this school0.49 miles
Public District Grades KG-6
3
/10
Elliott Street Elementary School
721 Summer Ave
Distance between this listing and this school0.56 miles
Public District Grades PK-4
4
/10
Roberto Clemente Elementary School
257 Summer Ave
Distance between this listing and this school0.71 miles
Public District Grades PK-4
Nearby Schools
4
/10
Luis Munoz Marin Elementary School
663 Broadway
Distance between this listing and this school0.31 miles
Public District Grades PK-8
6
/10
Maria Varisco Rogers Charter School
18 Heller Parkway, 243 Woodside Ave
Distance between this listing and this school0.49 miles
Public Charter Grades KG-8
3
/10
Rafael Hernandez Elementary School
345 Broadway
Distance between this listing and this school0.51 miles
Public District Grades PK-8
Nearby Schools
8
/10
Technology High School
223 Broadway
Distance between this listing and this school0.85 miles
Public District Grades 9-12
3
/10
Kearny High School
336 Devon St
Distance between this listing and this school0.86 miles
Public District Grades 9-12
1
/10
Barringer High School
90 Parker St
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $32,353. The majority of Newark, NJ residents have income less than $35k annually. Typical family type is single, with kids. Most residents in this area have high school diploma education.
This home is located at 84 Peabody Pl in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $599,900.
In December 2024, from all listings sold in Newark, NJ there were more than 17 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Newark, NJ between November 2024 and December 2024 increased by 10.8%. Listings spent 31 days on the market in December 2024, and had a median list price of $440,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.