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$799,999

42 Wakeman Ave Newark, NJ 07104

8 beds
3 full
Multi-Family

Property details

About 42 Wakeman Ave

Welcome home to this renovated multifamily home in the desirable North Newark area. Great multifamily with open floor concept with stainless steel appliances in each unit. Units 1 and 2 both feature three bedrooms and one full bathroom. The third floor bonus unit offers two bedrooms with a full bathroom. Washer and dryer hookup in Units 1 and 2. Full unfinished walkout basement with tons of potential. Driveway in the back of the house with ample parking for up to four cars. Looking for a great investment property or to owner occupy and collect rent from the other units, look no further! Conveniently located close to public transportation, parks, schools, shopping and much more. Schedule your showing today!

Highlights

Home typeMulti Family
StatusActive
MLS #25026778

Summary

  • Full Bathrooms: 3
  • Total Bedroom Count: 8
  • List Price: $799,999
  • Annual Tax Amount: $9,196
  • Tax Year: 2024
  • MLS Number: 25026778
  • Office Name: Keller Williams Village Square Realty
  • Office Phone: (201) 445-4300
  • Listing Agent: Ariel Morel

IDXDisclaimer: 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: 7/31/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 13, 2023
Home Sold
$670,000
Sep 20, 2023
Home Sold
$336,457
Aug 10, 2017
Home Sold
$139,000

Tax history

YearAssessmentProperty Tax
2024$246,700$9,196
2022$246,700$9,211
2021$246,700$9,211
2020$246,700$6,656
2019$177,000$6,536

History based on county public records data.

Nearby schools

4

Roberto Clemente Elementary School

Public District PK-4

0.2 mi

257 Summer Ave

4

Franklin Elementary School

Public District PK-4

0.6 mi

42 Park Ave

5

Washington Elementary School

Public District KG-6

0.7 mi

80 Belgrove Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,052. The majority of Newark, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

45%
<35k
46%
35k-100k
8%
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?

40%
Single, No Kids
29%
Single, with Kids
13%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 42 Wakeman Ave

The listing price of 42 Wakeman Ave property is $799,999.

The property 42 Wakeman Ave is a multi located in Newark, New Jersey, 07104.

Active Listing: 42 Wakeman Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 42 Wakeman Ave are: Roberto Clemente Elementary School (GreatSchools Rating 4/10), Franklin Elementary School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 5/10), Rafael Hernandez Elementary School (GreatSchools Rating 3/10), Robert Treat Academy Charter School (GreatSchools Rating 8/10), Luis Munoz Marin Elementary School (GreatSchools Rating 4/10), Technology High School (GreatSchools Rating 8/10), Barringer High School (GreatSchools Rating 1/10), Kearny High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $9,196 (source: MLS/based on county public records data).

The last sale was on October 13, 2023 for $670,000 (source: MLS/tax record).

This home is located at 42 Wakeman Ave in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $799,999.

The number of listings in Newark, NJ increased by 29.7% between May and June 2025. In June 2025, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $499,000.

From Rocket Homes Real Estate and based on county public records data.

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