14 days on rocket

27 Grand Ave, Newark, NJ, 07106

$574,900

Home List Price

$6,827*

Closing Credit

6 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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27 Grand Ave, Newark$574,900

Buyer Closing Credits

$6,827*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPark Space
HeatingNatural Gas, Zoned
CoolingGas, Zoned
BasementYes
WaterfrontNone
FireplaceNone
MLS #24015234
StatusActive
(ACTIVE)

About 27 Grand Ave

Welcome to your chance to purchase a hard to find updated two family home. This impeccably maintained two-family home offers not just one, but two spacious units, making it an ideal investment opportunity or a perfect solution for multi-generational living or an investor looking to cash flow. Home features separate boilers, separate water heaters and electrical systems. Each unit has 3 bedrooms, living and dining and 1 bath. Each unit features well-appointed living spaces, including inviting living rooms, comfortable bedrooms, updated kitchens, and updated bathrooms. Flexible layouts offer endless possibilities for customization to suit your lifestyle or rental preferences. Nestled in a serene neighborhood, yet conveniently close to major amenities, schools, parks, and transportation routes, this property offers the best of both worlds - tranquility and accessibility. Step outside to discover a huge backyard retreat, perfect for relaxing, entertaining, or outdoor activities.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX First Realty II
  • Listing Agent: Jean J. Joseph

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Vinyl, None

Parking Information:

  • Parking: Park Space

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Gas, Zoned

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Barringer High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,900

Tax Information:

  • Annual Amount: $3,516
  • 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. List Price

$462.3K

Med. Price/SqFt

$242

Avg. Days On Market

94

# of Sold Homes

19

27 Grand Ave vs Newark

14 DAYS ON ROCKET

-80 Days

$574,900

+$112.5K More

KEY TAKEAWAY

This property is $112.5K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015234

Listing Office:

  • Office Name: RE/MAX First Realty II
  • Listing Agent: Jean J. Joseph

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: 6/2/2024, 7:20:34 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

Mar 19, 2012Home Sold
$138,000
Apr 09, 2010Home Sold
$33,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,516$124,900
2019$4,612$124,900
2018$4,446$124,900
2017$4,446$124,900

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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.

High School

school-card-donut-7121548
1
/10

  • Central High School

  • 250 18th Ave

  • 1.89 miles

  • Public District Grades 9-12

school-card-donut-7121549
1
/10

  • Barringer High School

  • 90 Parker St

  • 2.23 miles

  • Public District Grades 9-12

school-card-donut-7121550
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 2.45 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 $33,636. Residents of Newark, NJ typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07106›27 Grand Ave

This home is located at 27 Grand Ave in Newark, NJ and zip code 07106 in the West Ward neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $574,900.

The number of listings in Newark, NJ increased by 23.7% between April 2024 and May 2024. In May 2024 median list price was $462,318 and the average listing age was 94 days.

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

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