HUGE OPPORTUNITY Live for FREE or enjoy STRONG positive cash flow. This is a BIG THREE FAMILY house which features 9 bedrooms and 3 bathrooms and TWO UNITS WILL BE DELIVERED VACANT. This home offers completely separated utilities and is located minutes from downtown Newark, with access to the most popular shops, restaurants and night life. The NYC Train and Bus Transportation will have you in the City in no time. Come and schedule your appointment TODAY!
Property Details
Property Features
Listing Office:
Office Name: UBIREAL LLC
Office Phone: (646) 285-2456
Listing Agent: Alberto Wells
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 9
Price Information
Listing Price Info
Price Summary:
List Price: $749,900
Tax Information:
Annual Amount: $6,776
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 $349.9K more than the Median Sold Price in Newark, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #24038720
Listing Office:
Office Name: UBIREAL LLC
Office Phone: (646) 285-2456
Listing Agent: Alberto Wells
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: 12/22/2024, 1:21:09 PM 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
Mar 05, 2013
Mar 05, 2013Home Sold
$160,000
Jun 22, 2009
Jun 22, 2009Home Sold
$585,000
Aug 19, 2005
Aug 19, 2005Home Sold
$338,000
Jun 13, 2005
Jun 13, 2005Home Sold
$300,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,776
$240,700
2019
$8,889
$240,700
2018
$8,569
$240,700
2017
$8,569
$240,700
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.
$3,810
Per Month
Principal & Interest
$3,743
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
$2,315
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
Roseville Community Charter School
540 Orange St
Distance between this listing and this school0.26 miles
Public Charter Grades KG-4
3
/10
Mildred Barry Garvin Elementary School
1 Grove Pl
Distance between this listing and this school0.45 miles
Public District Grades 3-5
5
/10
Dionne Warwick Institute
120 Central Ave
Distance between this listing and this school0.82 miles
Public District Grades PK-5
Nearby Schools
2
/10
Dr. WIlliam Horton Elementary School
291 N 7th St
Distance between this listing and this school0.34 miles
Public District Grades KG-8
2
/10
Dr. Alma Flagg Elementary School
150 3rd Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-8
1
/10
Sussex Avenue Elementary School
307 Sussex Ave
Distance between this listing and this school0.54 miles
Public District Grades PK-8
Nearby Schools
6
/10
Essex County Donald M. Payne Sr. School of Technology
498-544 W Market St
Distance between this listing and this school0.44 miles
Public District Grades 9-12
1
/10
Barringer High School
90 Parker St
Distance between this listing and this school0.68 miles
Public District Grades 9-12
5
/10
Cicely L. Tyson Community Middle/High School
35 Winans St
Distance between this listing and this school1.06 miles
The neighbors living near this home have an average income of $34,828. The majority of Newark, NJ residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 86 N 11th St in Newark, NJ and zip code 07107 in the North Ward neighborhood. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $749,900.
Newark, NJ housing market in November 2024 saw over 22 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. The number of homes for sale in Newark, NJ increased by 13.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 14 days, the median list price was $400,000.
From Rocket Homes Real Estate and based on county public records data.