$6,116 Closing Credit¹
#3951712, Listing Office: VYLLA HOME
$548,900 List price
176 Parker St Newark City, NJ 07104
$6,518
Closing credit¹
5 beds
4 full
0.06 acres
Multi-Family
Property details
About 176 Parker St
Welcome to 176 Parker St, a charming and well-maintained 2-family home in the highly sought-after North Newark neighborhood, just steps from scenic Branch Brook Park with its sports fields, trails, and tranquil green spaces.Fully renovated in 2020, this property features two spacious units, perfect for owner-occupants or investors. The larger 2nd unit is vacant and move-in ready, offering 3 bedrooms and 2 bathrooms, including a master suite with an ensuite bath. The modern kitchen boasts stainless steel appliances, including a stove, dishwasher, microwave, and refrigerator.The 1st unit includes 2 bedrooms and 2 full bathrooms, with a master suite featuring its own ensuite bath. This unit is tenant-occupied on a month-to-month lease at $1,725, providing reliable rental income. Both units offer central air conditioning and forced heat for year-round comfort.Additional highlights include a generous backyard for outdoor enjoyment and easy access to schools, shopping, and public transportation.Financing Perks: This home qualifies for the Community Loan Program, featuring a super-low interest rate of 5.75% or 5.875% with just 5% down (CONV, NO PMI) and a 1% lender credit towards closing costs. Plus, you may be eligible for up to $30K in down payment assistance!Don't miss this rare opportunity in North Newark!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.06 Acres
Year built
ParkingOn-Street Parking, On-Street Parking
MLS #3951697
Summary
- MLS Number: 3951697
- Office Name: NEW AND MODERN GROUP
- Office Phone: (732) 962-2148
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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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.
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Last updated on: 4/6/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$548,900
176 Parker St
$6,518
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Franklin Elementary School
Public District PK-4
0.3 mi
•42 Park Ave
4
Roberto Clemente Elementary School
Public District PK-4
0.4 mi
•257 Summer Ave
3
Salome Urea Elementary School
Public District PK-6
0.8 mi
•284 1st Ave W
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 $36,143. Residents of Newark City, NJ typically earn less than $<35k each year. The majority of families are single, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
48%
<35k
47%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
36%
Single, with Kids
11%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
10%
12-17 yrs old
30%
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?
Ross Dress For Less
Burlington
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
White Castle
Little Caesars
What do the neighbors drive?
Nissan
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 176 Parker St in Newark City, NJ and zip code 07104 in the North Ward neighborhood. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $548,900.
The number of listings in Newark City, NJ increased by 25.1% between February and March 2025. In March 2025 median list price was $489,068 and the average listing age was 95 days.
From Rocket Homes Real Estate and based on county public records data.