44 Lanark Ave, Newark, NJ 07106

7 beds, 4 baths, 2,764 sqft
For Sale
$225,000
Zestimate®: $243,253
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Welcome to 44 Lanark Ave Newark. This two family is located in the Upper Vailsburg section of Newark and features 7 bedrooms and 4 full baths with a partially finished basement. Enjoy the convenience of your own private driveway with tons of exterior space in your backyard. Great income producing property. Located near Seton Hall University and the VA hospital. Take advantage of low taxes!
Facts
  • Lot: 3,484 sqft
  • Multi Family
  • Built in 1918
  • 30 days on Zillow
  • Price/sqft: $81
  • MLS #: 3149269
Features
  • Parking: Garage - Detached
      Construction
      • Roof type: Asphalt
      • # Stories: 5.0
      • Structure type: Other
      • Unit count: 1
      Other
      • Floor size: 2,764 sqft
      • Heating: Gas
      • Lot depth: 100
      • Lot width: 35
      • Parcel #: 1404191000000031
      • Zillow Home ID: 38714040
      Home Values
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      Zestimate What's this?
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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

      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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      $243,253
      -$13,892 Last 30 daysd
      $231K
      $255K
      Zestimate range
      Rent Zestimate What's this?
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      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
      $1,689/mo
      +$86 Last 30 daysd
      $1.2K
      $3.4K
      Zestimate range

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      Neighborhood for 44 Lanark Avenue

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      Zillow predicts Lower Vailsburg home values will rise 2.1% next year, compared to a 0.1% increase for Newark as a whole. Among Lower Vailsburg homes, this home is 35.5% more expensive than the midpoint (median) home, but is priced 4.7% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Lower Vailsburg, the number of foreclosures waiting to be sold is 69.2% less than in Newark, and 96.2% less than the national average. This lower local number could help Lower Vailsburg home values rise more quickly than other regions in Newark.

      Learn more about forecast calculations or Lower Vailsburg home values.
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        Nearby Schools in Newark

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