new - 2 days on rocket

85 3rd St, Newark, 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
ParkingNone
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
MLS #24036751
StatusActive
(ACTIVE)

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

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Fox & Roach Realtors - Summit
  • Office Phone: (732) 208-4194
  • Listing Agent: Dennis Rebick

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

Tax Information:

  • Annual Amount: $2,263
  • Tax Year: 2020
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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

2 DAYS ON ROCKET

-73 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: #24036751

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Fox & Roach Realtors - Summit
  • Office Phone: (732) 208-4194
  • Listing Agent: Dennis Rebick

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© 2024 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: 11/21/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,263$80,400
2019$2,969$80,400
2018$2,862$80,400
2017$2,862$80,400

History based on county public records data.

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-161653
3
/10

  • Roseville Community Charter School

  • 540 Orange St

  • 0.38 miles

  • Public Charter Grades KG-4

school-card-donut-161654
4
/10

  • Franklin Elementary School

  • 42 Park Ave

  • 0.78 miles

  • Public District Grades PK-4

school-card-donut-161655
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 majority of Newark, NJ residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

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, NJ and zip code 07107 in the West Ward neighborhood. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $699,000.

In October 2024, from all listings sold in Newark, NJ there were more than 24 sold above asking price, over 7 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Newark, NJ real estate market has seen increase in the number of listings by 25.4%. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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