46 New York Ave, Newark, NJ 07105

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Zestimate®: $257,960
Rent Zestimate®: $1,485/mo
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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

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.

My Notes

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"Eddy's". Mechanic shop and office with lots of parking stablished for over 40 years. Selling for healthy reasons. This location has 5,600 Sqf. and also is good for new construction. Land is clean. Owner may consider leasehold between 50 and 99 years, for Franchise or other.

Facts

  • Lot: 5,600 sqft
  • Miscellaneous

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  • Zillow Home ID: 2110007699

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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$257,960
+$11,820 Last 30 days
$240K
$284K
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
$1,485/mo
+$115 Last 30 days
$1.1K
$1.9K
Zestimate range

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Comparable Homes

Homes like this sold for $167K.

$140K
$190K
 

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Neighborhood

Market guide

Zillow predicts North Ironbound home values will rise 1.2% next year, compared to a 1.1% increase for Newark as a whole.

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 45.4% lower than in Newark, and 2.8% 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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    Nearby Schools in Newark

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