1 month on rocket

93 Davenport Ave, Newark City, NJ, 07107

$1,299,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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93 Davenport Ave, Newark$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSee Remarks
Year Built1957
HeatingOther, Natural Gas
BasementYes
MLS #3923854
Lot Size0.06 Acres
StatusActive

About 93 Davenport Ave

Discover an exceptional investment opportunity with this four-family brick property in Newark's vibrant upper Roseville section. Each unit features 3 bedrooms and 1 bath, providing ample space. All utilities are separate. Two garages are available, offering secure parking and additional storage options. Situated in a desirable neighborhood, this property is within a short distance to local amenities, schools, and public transportation, making it ideal for residents seeking convenience and accessibility. With a growing rental market in Newark, this property presents a lucrative opportunity for investors looking to capitalize on steady rental income. This four-family home is perfect for seasoned investors and first-time buyers looking to enter the real estate market. Don't miss out on the chance to own this fantastic property in Newark!

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1957

Listing Office:

  • Office Name: LIBERTY REALTY, LLC.
  • Office Phone: (201) 222-2900

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Abington Avenue Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Between N 10th St & Davenport Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
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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

93 Davenport Ave vs Newark

51 DAYS ON ROCKET

-24 Days

$1,299,000

+$902.8K More

KEY TAKEAWAY

This property is $902.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3923854

Listing Office:

  • Office Name: LIBERTY REALTY, LLC.
  • Office Phone: (201) 222-2900

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: 11/5/2024, 12:55:46 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

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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.

Elementary School

school-card-donut-1832912
2
/10

  • Abington Avenue Elementary School

  • 209 Abington Ave

  • 0.27 miles

  • Public District Grades PK-8

High School

school-card-donut-1832913
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.31 miles

  • Public District Grades 9-12

school-card-donut-1832914
8
/10

  • Technology High School

  • 223 Broadway

  • 1.38 miles

  • Public District Grades 9-12

school-card-donut-1832915
1
/10

  • Central High School

  • 250 18th Ave

  • 3.14 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,513. The majority of Newark, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Most 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›93 Davenport Ave

This home is located at 93 Davenport Ave in Newark City, NJ and zip code 07107 in the North Ward neighborhood. This home, which was built in 1957, sits on a 0.06 acre lot. Features: 12 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $1,299,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

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

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