49 Valley St, Newark, NJ 07106

4 beds3 baths2,286 sqft Edit

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Sold: $120,000
Sold on 05/22/14
Zestimate®: $155,178
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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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Nice 2 unit house on a quiet street. HW floors throughout, large kitchen pantries, features ornamental fireplace in living rooms, enclosed porch and office nook on second floor. Great income prop.

Facts

  • Lot: 4,892 sqft
  • Multi Family
  • Built in 1952
  • Views: 607 all time views
  • Last sold: May 2014 for $120,000
  • Last sale price/sqft: $52

Features

  • Parking: Garage - Detached, 2 spaces

    Construction

    • Exterior material: Wood
    • Roof type: Asphalt
    • Stories: 2
    • Structure type: Other
    • Unit count: 2

    Other

    • Floor size: 2,286 sqft
    • Heating: Gas
    • Lot depth: 114 ft
    • Lot width: 42 ft
    • Parcel #: 1404075 0100018
    • Zillow Home ID: 38711827

    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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    $155,178
    +$1,186 Last 30 days
    $129K
    $177K
    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
    $1,550/mo
    +$155 Last 30 days
    $1.3K
    $2.5K
    Zestimate range

    Improve This Home's Value

    The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

    The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

    Mid-Range Minor Kitchen Remodel

    • Mid-Range Minor Kitchen Remodel

    • + 19.1K VALUE
    • Project cost: $19,957
    • See kitchen ideas

    Mid-Range Bathroom Remodel

    Deck Addition

    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    607 all-time views
    of this home (chart)
    81 forecasted views of this home
    in the first 7 days after listing for sale
    (62 views if listed for rent)

    Comparable Homes

    Homes like this sold for $133-189K.

    $110K
    $210K

    Mortgages

    Neighborhood: Upper Vailsburg

    Zillow predicts Upper Vailsburg home values will rise 1.3% next year, compared to a 0.1% increase for Newark as a whole. Among Upper Vailsburg homes, this home is valued 6.4% more than the midpoint (median) home, but is valued 25.7% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Upper Vailsburg, the number of foreclosures waiting to be sold is 15.4% less than in Newark, and 89.5% less than the national average. This lower local number could help Upper Vailsburg home values rise more quickly than other regions in Newark.
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    Nearby

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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