2 months on rocket

93 Davenport Ave, Newark, NJ, 07107

$1,299,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
4 Full Baths
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
ParkingDetached
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24030876
StatusActive
(ACTIVE)

About 93 Davenport Ave

Discover an exceptional investment opportunity with this four-family brick property located in the vibrant upper Roseville section of Newark. Each unit features 3 bedrooms and 1 bath, providing ample space. All utilities are separate. Two garages 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 both 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

Listing Office:

  • Office Name: Liberty Realty, LLC
  • Listing Agent: Bruno T. Mele

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Hdwd As In

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000

Tax Information:

  • Annual Amount: $7,038
  • 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

$400K

Med. Price/SqFt

$220

Avg. Days On Market

14

# of Sold Homes

30

93 Davenport Ave vs Newark

69 DAYS ON ROCKET

+55 Days

$1,299,000

+$899K More

KEY TAKEAWAY

This property is $899K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24030876

Listing Office:

  • Office Name: Liberty Realty, LLC
  • Listing Agent: Bruno T. Mele

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: 12/4/2024, 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

Listing History

Nov 18, 2011Home Sold
$193,500
Apr 10, 2006Home Sold
$483,000
May 10, 2004Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,038$250,000
2019$10,502$284,400
2018$10,125$284,400
2017$10,125$284,400

History based on county public records data.

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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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-3831761
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.40 miles

  • Public District Grades PK-6

school-card-donut-3831762
5
/10

  • Carteret Elementary School

  • 158 Grove St

  • 0.47 miles

  • Public District Grades PK-6

school-card-donut-3831763
3
/10

  • Belleville Ps4

  • 30 Magnolia St

  • 0.56 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

This home is located at 93 Davenport Ave in Newark, NJ and zip code 07107 in the North Ward neighborhood. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $1,299,000.

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. In November 2024 in Newark, NJ there were 13.5% more homes for sale than in October 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.

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