205 Norman Road Newark, NJ ^$ 575,000

205 Norman Road

^$ 575,000

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Recently Listed

205 Norman Road

Newark, NJ, 07106

^$ 575,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 4,017

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Multi-Family Home for sale in Newark, NJ

for $575,000 with 4 bedrooms and 2 full baths. This home was built in 1940.

This classic two-family home offers an excellent opportunity for both owner occupants and investors. The second-floor unit has been updated, ensuring modern amenities and stylish finishes.; from fresh paint to upgraded fixtures, no detail has been overlooked. Beautiful and easy to maintain hardwood floors. Detached two car garage, perfect for parking or additional storage. Ideal Ivy Hill neighborhood with easy access to public transportation, schools, shopping and dining. Don't miss out on this fantastic investment opportunity! Whether you're looking to live in one unit and rent out the other or purely invest, this two-family home checks all the boxes.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,984

Style

2 Family

Year Built

1940

Town/City

Newark

County/Region

Essex

MLS | Web ID

24014426

Features

Interior

Basement Unfinished

Total Bedrooms 4

Fireplace None

Heating/Cooling Gas Hot Air

Exterior

Waterfront None

Flood Plain None

Substyle Top/Btm

Exterior Finish Brick

General

Laundry Y/N None

Area 0714

Style 2 Family

Miscellaneous Hdwd As In

Garage Detached

Status ACTIVE

Utilities Sep Elec Sep Gas Sep Heat

Rooms 10

Views/Exposure None

Year Built 1940's

* Excluded Features

Affordability Calculator

$4,432

Per Month

Monthly Principal & Interest: $4,017
Monthly Property Taxes: $415
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$676,653

Percent of Sale Price 18%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

843640 Elementary School

843641 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$575,000		Listed Price

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205 Norman Road, Newark, NJ, 07106 is a Multi-Family Home for sale at $575,000. 205 Norman Road has 4 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 07106 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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 Weichert Realtors 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. Last date updated: 5/23/2024.

Source: New Jersey Multiple Listing Service, Inc.

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205 Norman Road

Multi-Family Home for sale in Newark, NJ

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