389 Walnut St, Newark, NJ 07105

8 beds4 baths3,236 sqft Edit

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Sold: $225,000
Sold on 08/14/13
Zestimate®: $308,681
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Home has lots of options available. It is in the 2nd business zone which allows for many options from single family, multi-family and business uses. Many businesses surround it as well.

Facts

  • Lot: 3,049 sqft
  • Multi Family
  • Built in 1910
  • Views: 1,271 all time views
  • Last sold: Aug 2013 for $225,000
  • Last sale price/sqft: $70

Appliances Included

  • Microwave

Construction

  • Exterior material: Wood
  • Stories: 2
  • Unit count: 1

Other

  • Floor size: 3,236 sqft
  • Lot depth: 93
  • Lot width: 32
  • Parcel #: 1400985000000073
  • Zillow Home ID: 38698203

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$308,681
+$3,474 Last 30 days
$287K
$336K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,547/mo
-$19 Last 30 days
$1.2K
$2.2K
Zestimate range

Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
1,271 all-time views
of this home (chart)
125 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $255-368K.

$220K
$400K

Mortgages

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Home security
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Neighborhood

Market guide

Zillow predicts North Ironbound home values will rise 0.7% next year, compared to a 0.1% increase for Newark as a whole. Among North Ironbound homes, this home is valued 22.7% more than the midpoint (median) home, but is valued 37.3% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In North Ironbound, the number of foreclosures waiting to be sold is 61.5% lower than in Newark, and 95.2% less than the national average. This lower local number could help North Ironbound home values rise more quickly than other regions in Newark.

Learn more about forecast calculations or North Ironbound home values.
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    For Sale

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    Rentals

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    314 Elm St Newark, NJ$171K----1,426
    324 Elm St Newark, NJ$154KStudio--988
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    312 Elm St Newark, NJ$354K----4,558
    399 Walnut St Newark, NJ$239K----2,197
    392 Walnut St Newark, NJ$286K----2,716
    394 Walnut St Newark, NJ$237K----1,986
    390 Walnut St Newark, NJ$285K----2,712
    326 Elm St Newark, NJ$160K----1,066
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    388 Walnut St Newark, NJ$171K------
    398 Walnut St Newark, NJ$236K----1,860
    Walnut St Newark, NJ$236K----1,860
    328 Elm St Newark, NJ$188K------
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    Nearby Schools in Newark

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org