#3903054, Listing Office: CORNERSTONE REALTY ASSOCIATES

798 Bergen St Newark, NJ 07108
Property details
About 798 Bergen St
Welcome to this newly and impeccable 2 Family home built in 2023 with built-in garage, central A/C, and hardwood floors/ceramic tile throughout. Both spacious apartments feature a primary bedroom with an en suite full bathroom. Finished basement with separate entrance, additional room with unlimited possibilities, lots of storage space, summer Kitchen and a full bathroom. Property comes with the 10-year warranty for new construction against major structural defects (9 years left). Take advantage of the tax abatement in place, tax exemption started this year on January 1st, 2024 and shall expire on December 31st, 2028. 0% payment in lieu of taxes in year 1 (2024), 20% payment in lieu of taxes in year 2 (2025), 40% payment in lieu of taxes in year 3 (2026), 60% payment in lieu of taxes in year 4 (2027), and 80% payment in lieu of taxes in year 5 (2028). Estimated full taxes are $16,185.32 w/o the tax abatement. Full taxes will be paid in 2029. The whole house will delivered vacant.
Highlights
Summary
- MLS Number: 24037558
- Office Name: Signature Realty NJ LLC
- Office Phone: (973) 921-1111
- Listing Agent: Salome Carrillo-Fierro
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Last updated on: 3/15/2025, 12:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,900
798 Bergen St
$9,499
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 17, 2023 | Home Sold | $750,000 |
Jun 11, 2021 | Home Sold | $52,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $432,300 | $16,116 |
2022 | $21,400 | $- |
History based on county public records data.
Nearby schools
4
Thurgood Marshall Elementary School
Public District PK-5
1.0 mi
•141 Montgomery Ave # 181
2
Harriet Tubman Elementary School
Public District PK-6
1.2 mi
•504 S 10th St
3
Berkeley Terrace Elementary School
Public District PK-5
1.4 mi
•787 Grove 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 $34,077. The most common annual income of people living in Newark, NJ is less than $<35k. The majority of families are single, with kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 798 Bergen St in Newark, NJ and zip code 07108 in the South Ward neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $799,900.
The inventory of homes for sale in Newark, NJ between January and February 2025 increased by 18.4%. 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.