New - 5 days on Rocket
$10,000 Closing Credit¹
#3947590, Listing Office: COLDWELL BANKER REALTY
#25006010·
Listing Office: Coldwell Banker, Montclair·
Listing Agent: Kareisha Questel-Gordon·
Listing Office Phone: 973-233-2300
$849,000 List price
103-105 Parker St Newark, NJ 07104
$10,000
Closing credit¹
5 beds
3 full
Multi-Family
Property details
About 103-105 Parker St
YOUR SEARCH ENDS HERE! Great for Investors and Developers! This rare two-family home with A BONUS studio in Newark's premier residential corridor offers both immediate income and incredible development potential. Fully occupied the property generates strong NOI, making it an ideal investment with bridge income during the entitlement process. With a three-car garage, additional driveway parking for up to 6 cars, and protected NYC skyline views, this property is a prime candidate for value-add improvements, long-term appreciation, or high-density redevelopment. Zoned R3 Multi-Family on a 50' x 100' lot, it sits in an area with variance potential. A rare find in a thriving, transit-oriented market!
Highlights
Home typeMulti Family
StatusActive
MLS #25006010
Garage3 spaces
Summary
- MLS Number: 25006010
- Office Name: Coldwell Banker, Montclair
- Office Phone: (973) 233-2300
- Listing Agent: Kareisha Questel-Gordon
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. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2025 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: 3/3/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$849,000
103-105 Parker St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
4
Franklin Elementary School
Public District PK-4
0.2 mi
•42 Park Ave
4
Roberto Clemente Elementary School
Public District PK-4
0.6 mi
•257 Summer Ave
3
Roseville Community Charter School
Public Charter KG-4
0.8 mi
•540 Orange St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,675. Most Newark, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
31%
<35k
41%
35k-100k
24%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 103-105 Parker St in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $849,000.
The number of homes for sale in Newark, NJ increased by 18.4% between January and February 2025. In February 2025, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $495,000.
From Rocket Homes Real Estate and based on county public records data.