new - 1 day on rocket

85 3rd St, Newark City, NJ, 07107

$699,000

Home List Price

$8,301*

Closing Credit

7 Bedrooms
6 Full Baths
Multi

Location

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85 3rd St, Newark$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1920
HeatingMulti Unit(s), Forced Air, Natural Gas
CoolingMulti Unit(s), Central Air
BasementYes
MLS #3934758
Lot Size0.05 Acres
StatusActive

About 85 3rd St

Stunning fully renovated 2-Family Home with Bonus Apartment " Ideal for Investors. Welcome to this spacious and versatile 2-family home, offering an incredible opportunity for both investors and multi-generational living. Located in a desirable neighborhood, this property features 7 bedrooms, 6 bathrooms, and a fully finished bonus apartment ideal for additional rental income.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1920

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (732) 208-4194

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Curbs, Open Porch(es), Sidewalk

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Sussex Ave to 3rd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
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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

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

85 3rd St vs Newark

1 DAY ON ROCKET

-74 Days

$699,000

+$302.8K More

KEY TAKEAWAY

This property is $302.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3934758

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (732) 208-4194

Information deemed reliable but not guaranteed. Copyright © 2024 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: 11/17/2024, 10:20:46 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

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-459421
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.38 miles

  • Public Charter Grades KG-4

school-card-donut-459422
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.78 miles

  • Public District Grades PK-4

school-card-donut-459423
5
/10

  • Sir Isaac Newton Elementary School

  • 150 Newton St

  • 0.89 miles

  • Public District Grades PK-1

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,206. The most common annual income of people living in Newark, NJ is between $35k-100k. 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›07107›85 3rd St

This home is located at 85 3rd St in Newark City, NJ and zip code 07107 in the West Ward neighborhood. This home, which was built in 1920, sits on a 0.05 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $699,000.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. In October 2024 median list price was $396,125 and the average listing age was 75 days.

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

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