#3961642, Listing office: COLDWELL BANKER REALTY FLE
$679,000 List price
242-244 Eastern Pkwy Newark City, NJ 07106
8 beds
3 full, 2 partial
0.09 acres
Multi-Family
Property details
About 242-244 Eastern Pkwy
Fully renovated and move-in ready, 242 Eastern Parkway is a spacious three-story brick two-family home with a bonus unit, offering the perfect blend of modern updates and investment potential in a growing neighborhood. The first unit features 3 bedrooms and 1.5 bathrooms, while the second offers 4 bedrooms and 1.5 bathrooms?each with updated finishes, generous layouts, and abundant natural light. The finished basement adds even more versatility with a bonus unit that includes a bedroom and full bath, ideal for extended living or rental income. Complete with a 2-car attached garage, exclusive driveway, central air, and a fenced lot, this property is a standout opportunity for investors or owner-occupants. Conveniently located near schools, parks, transportation, and local amenities, this renovated two-family is ready to perform.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusSale Pending
(Under Contract)
(Under Contract)
CoolingCentral Air
BasementYes
Lot size0.09 Acres
Year built1962
ParkingDriveway-Exclusive, Attached Garage
MLS #3971941
Attached garage2 spaces
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Appliances: Dishwasher, Microwave, Refrigerator
- Basement: Yes
- Total Bedroom Count: 8
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Driveway-Exclusive, Attached Garage
- Exterior: Metal Fence
- Architectural Style: 3-Three Story
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $679,000
- Directions: Sanford Ave to Sanford Pl to Eastern Pkwy
- Year Built: 1962
- Lot Size: 0.09 Acres
- MLS Number: 3971941
- Office Name: KELLER WILLIAMS MID-TOWN DIRECT
- Office Phone: (347) 470-6144
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Last updated on: 8/1/2025, 9:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
Florence Avenue Elementary School
Public District KG-5
0.5 mi
•1324 Springfield Ave
6
Clinton Elementary School
Public District PK-5
0.6 mi
•27 Berkshire Rd
2
Madison Avenue
Public District PK-5
0.8 mi
•173 Madison 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 $58,125. Residents of Newark City, NJ typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
58%
35k-100k
26%
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?
37%
Single, No Kids
20%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 242-244 Eastern Pkwy
The listing price of 242-244 Eastern Pkwy property is $679,000.
The property 242-244 Eastern Pkwy is a multi located in Newark City, New Jersey, 07106.
Sale Pending: 242-244 Eastern Pkwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 242-244 Eastern Pkwy are: Florence Avenue Elementary School (GreatSchools Rating 3/10), Clinton Elementary School (GreatSchools Rating 6/10), Madison Avenue (GreatSchools Rating 2/10), Mt. Vernon Place Elementary School (GreatSchools Rating 5/10), Ivy Hill Elementary School (GreatSchools Rating 5/10), Lincoln Elementary School (GreatSchools Rating 1/10), Irvington High School (GreatSchools Rating 1/10), Columbia High School (GreatSchools Rating 5/10), STEM Innovation Academy of the Oranges (GreatSchools Rating 8/10).
The year of construction for 242-244 Eastern Pkwy is 1962.
This home is located at 242-244 Eastern Pkwy in Newark City, NJ and zip code 07106 in the West Ward neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $679,000.
The number of homes for sale in Newark City, NJ increased by 29.7% between May and June 2025. In June 2025 median list price was $499,000 and the average listing age was 90 days.
From Rocket Homes Real Estate and based on county public records data.