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Image 1 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Image 2 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Image 3 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Image 4 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Image 5 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Image 6 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Image 7 - 587 Martin Luther King Blvd, Newark, New Jersey, 07102 - House for sale
Martin Luther King Blvd, Newark, Home For Sale
587 Martin Luther King Blvd, Newark, New Jersey, 07102

Martin Luther King Blvd, Newark, Home For Sale

house for sale
Listed: 06/25/24

587 Martin Luther King Blvd, Newark, New Jersey, 07102

6 Bed:
3 Bath:
2,997 Sq Ft Living Area:
Save
Price
$ 749,000

About This House

This incredible investment opportunity is located in the heart of downtown Newark, an area undergoing a major development boom that is driving real estate prices upward. Surrounded by extensive redevelopment, this property holds unlimited potential. Situated in Newark's historic downtown district, it is near the Prudential Center, shopping centers, restaurants, and both public and charter schools. Just minutes from Newark Penn Station, major highways, public transportation, and Newark Airport, this location offers unparalleled convenience. Be part of the New Newark renaissance and make this beauty your own. With its proximity to schools, colleges, hospitals, and a bustling downtown filled with great eateries, this property presents a unique chance to invest in a vibrant and rapidly evolving community. Opportunity is knocking! now might be your time. Make an offer!

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Teachers Village Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Teachers Village, Newark, United States averaged $439,747, an increase of 15.2% from the previous month.
Median price trends for properties for sale in Teachers Village, Newark, United States as of June 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.