Backup offers
#3923273, Listing office: YALE KENT, LLC.
$284,900 List price
83 Magnolia St Newark City, NJ 07108
3 beds
1 full, 1 partial
1,516 sqft
0.06 acres
$188 / sqft
House
Property details
About 83 Magnolia St
Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just $4,613.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. With stable cash flow and minimal upkeep, it's a no-brainer!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,516 sqft
Lot size0.06 Acres
Year built1997
Parking1 Car Width, Attached Garage
MLS #3961789
Attached garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Other
- Basement: No
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: 1 Car Width, Attached Garage
- Architectural Style: Colonial
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $284,900
- Price/SqFt: $187
- Directions: Bergen St to Magnolia St
- Year Built: 1997
- Living Area: 1,516 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 3961789
- Office Name: AMERICAN REALTY SERVICES GROUP
- Office Phone: (973) 258-0888
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Last updated on: 7/20/2025, 1:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Harriet Tubman Elementary School
Public District PK-6
0.4 mi
•504 S 10th St
5
Sir Isaac Newton Elementary School
Public District PK-1
0.7 mi
•150 Newton St
4
Newark Educators Community Charter School
Public Charter PK-4
0.9 mi
•9-11 Hill 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 $45,741. Residents of Newark City, NJ typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
48%
35k-100k
17%
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?
46%
Single, No Kids
30%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
12%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
6%
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
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 83 Magnolia St
The listing price of 83 Magnolia St property is $284,900.
The property 83 Magnolia St is a house located in Newark City, New Jersey, 07108.
Active Listing: 83 Magnolia St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 83 Magnolia St are: Harriet Tubman Elementary School (GreatSchools Rating 2/10), Sir Isaac Newton Elementary School (GreatSchools Rating 5/10), Newark Educators Community Charter School (GreatSchools Rating 4/10), Cleveland Elementary School (GreatSchools Rating 2/10), Avon Avenue Elementary School (GreatSchools Rating 2/10), Camden Street Elementary School (GreatSchools Rating 1/10), Central High School (GreatSchools Rating 1/10), Bard Early College High School (GreatSchools Rating 4/10), Peoples Preparatory Charter School (GreatSchools Rating 3/10).
The property at 83 Magnolia St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 83 Magnolia St is 1,516 SqFt (source: MLS/tax record).
The year of construction for 83 Magnolia St is 1997.
This home is located at 83 Magnolia St in Newark City, NJ and zip code 07108 in the West Ward neighborhood. This 1,516 square foot home, which was built in 1997, sits on a 0.06 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $284,900.
In June 2025 in Newark City, NJ there were 29.7% more homes for sale than in May. The median list price of listings available in June 2025 was $499,000, while the average time on the real estate market was 90 days.
From Rocket Homes Real Estate and based on county public records data.