4 months on rocket

85 3rd Ave, Newark City, NJ, 07104

$985,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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85 3rd Ave, Newark$985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Car Width
HeatingMulti Unit(s), Natural Gas
CoolingMulti Unit(s)
BasementYes
MLS #3915496
Lot Size0.07 Acres
StatusActive

About 85 3rd Ave

Coming up! 2 family brand new oversize home under Construction. Building size 21x67. 1st floor apartment- 3 bedrooms, 2 full bath and 1 half, recreation room on garage level. 2nd floor- 3 bedrooms, 2 full bath. Deliver finished and vacant. Great location, just off rte 21. Walking distance to Broad's street train station.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story

Listing Office:

  • Office Name: JERSEY REAL ESTATE & MANAGEMENT
  • Office Phone: (973) 558-5473

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: 2 Car Width

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas
  • Cooling: Multi Unit(s)

Other

Directions Information:

  • Directions: JUST OFF RTE 21, ON THE CORNER 3RD AVE AND BRODWAY

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000
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Housing Market Comparison

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

Med. Sold Price

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

85 3rd Ave vs Newark

145 DAYS ON ROCKET

+131 Days

$985,000

+$585K More

KEY TAKEAWAY

This property is $585K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3915496

Listing Office:

  • Office Name: JERSEY REAL ESTATE & MANAGEMENT
  • Office Phone: (973) 558-5473

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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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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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-4452055
4
/10
  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.11 miles

  • Public District Grades PK-4

school-card-donut-4452056
4
/10
  • Franklin Elementary School

  • 42 Park Ave

  • 0.38 miles

  • Public District Grades PK-4

school-card-donut-4452057
5
/10
  • Washington Elementary School

  • 80 Belgrove Dr

  • 0.64 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,294. The most common annual income of people living in Newark, NJ is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Newark›07104›85 3rd Ave

This home is located at 85 3rd Ave in Newark City, NJ and zip code 07104 in the North Ward neighborhood. This home sits on a 0.07 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $985,000.

While more than 22 listings in Newark, NJ in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. Between October 2024 and November 2024, Newark, NJ real estate market has seen increase in the number of listings by 13.5%. In November 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $400,000.

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

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