42 Mead St, Newark City, NJ 07106
Essex County
Key Facts
Description
Spacious 5-bedroom, 2-bath home offering great potential for investors or savvy buyers! Property is being sold strictly AS-IS with Temporary Certificate of Occupancy (Temp CO) required for title transfer. Property is currently tenant-occupied with a month-to-month tenancy in place. Home will be delivered occupied at closing.This is a prime opportunity for those looking to add to their investment portfolio or renovate to their liking. Cash or strong conventional financing preferred. Please note: the listing brokerage is a subsidiary of the seller.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1922
Lot Size
0.06 acres
Ownership
Fee Simple
Days on Market
86
MLS® Listing#
4018016
Property Features
- Basement:
- Full
- Construction:
- Brick, Vinyl Siding
- Roof:
- Asphalt
- Sewer:
- Public Sewer
- Water Source:
- Public
Rooms
- Bedroom 1Second
- Bedroom 2Second
- Bedroom 3Second
- KitchenFirst
- Living RoomFirst
HOA & Tax
- Annual Tax:
- $4,126 (2025)
- Assessed Value:
- $103,200
- Parcel #:
- 1614-04107-0000-00021-0000-
Directions
Sanford to Silver to Mead
Affordability Calculator
$75,000
Estimated monthly payment
$1,996/mo
Principal $299,999 · Est. interest $418,526 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $616,435
- Median Listing Price
- 49
- Median Days on Market
- 1,383
- Median Sq Ft
- $423
- Median Price / Sq Ft
- 3,208
- Active Listings
- This home’s price is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 42 Mead St, Newark City, NJ 07106
Nearby Schools
Lincoln Elementary School
Elementary · 0.2 mi away
Vailsburg Middle School
School · 0.3 mi away
Vailsburg Elementary School
Elementary · 0.3 mi away
Alexander Street School
Elementary · 0.4 mi away
Newark School of Data Science and Information Technology
Secondary · 0.4 mi away
Ivy Hill Elementary School
Elementary · 0.4 mi away
Benjamin Banneker Academy
School · 0.6 mi away
University Middle School
Secondary School · 0.6 mi away
Madison Avenue School
Elementary · 0.7 mi away
University Elementary School
Primary School · 0.7 mi away
St. Joseph School
Elementary · 0.8 mi away
Mt Vernon Elementary School
Elementary · 0.8 mi away
Immaculate Conception Seminary
School · 0.8 mi away
Burch Charter School of Excellence
Elementary · 0.8 mi away
Irvington High School
Secondary · 0.8 mi away
Speedway Avenue School
Elementary · 0.9 mi away
Speedway Academies
School · 0.9 mi away
Independence High School
Secondary · 0.9 mi away
Marshall Elementary School
Elementary · 0.9 mi away
Berkeley Terrace Elementary School
Elementary · 0.9 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: CAPC BROKERAGE LLC - 9732911393