New - 7 days on Rocket
$7,113 Closing Credit¹
#3943533, Listing Office: KELLER WILLIAMS MID-TOWN DIRECT
$6,531
closing credit¹
222 Weequahic Ave Newark City, NJ 07112
$550,000 List price
$6,531
Closing credit¹
5 beds
3 full
0.09 acres
Multi-Family
Property details
About 222 Weequahic Ave
Charming 3-Unit Multi Family Home with Great Income Potential! This well maintained 3-unit multi-family property is perfect for investors or owner occupants seeking additional rental income. Located in near transportation and major highways, the property features two 2-bedroom 1 bath units and a cozy but generously spacious 1 bedroom 1 bathroom unit. Two of the units are currently occupied and have been thoughtfully updated with renovated bathrooms and new flooring throughout. The second-floor unit offers excellent potential, with some TLC required to make it shine. The exciting bonus is that the second unit is vacant, providing opportunity for immediate renovations or occupancy. The first-floor ujnit boasts a bonus space, ideal for a home office or den, adding even mor versatility to the layout. Whether you're looking to live in one unit and rent out the others or add a great investment property to your portfolio. this multi-family home offers excellent value. *******Highest and Best Due Wednesday 1/29/25 at 6pm*******
Highlights
Home typeMulti Family
HeatingMulti Unit(s), Natural Gas
StatusActive
CoolingCeiling Fan(s)
Lot size0.09 Acres
Year built1927
ParkingOn-Street Parking
MLS #3942221
Summary
- MLS Number: 3942221
- Office Name: UNITED REAL ESTATE
- Office Phone: (888) 501-6953
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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: 2/6/2025, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
222 Weequahic Ave
$6,531
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
George Washington School
Public District 5-5
0.7 mi
•1530 Leslie St
4
Thurgood Marshall Elementary School
Public District PK-5
1.0 mi
•141 Montgomery Ave # 181
3
Mt. Vernon Avenue Elementary School
Public District KG-5
1.1 mi
•54 Mount Vernon Ave
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 $46,821. Residents of Newark City, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
34%
<35k
50%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
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 222 Weequahic Ave in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $550,000.
Between December and January 2025, Newark City, NJ real estate market has seen increase in the number of listings by 14.9%. In January 2025, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $498,990.
From Rocket Homes Real Estate and based on county public records data.